WLUNA: Going Lunar to the MoonFirst off....I am sure many of you are aware that the market has been looking bearish recently with many traders predicting BTC to drop to almost 52 and ETH to drop to around 3500 to 3200. But remember these are only predictions. No one can correctly predict what level something might fall to. Always remember price action, supply and demand zones, repeated pattern breakouts are king. The current market conditions to me are looking like a reversal is coming. Many other Alts having bullish reversal setups, ( Bullish divergence on LUNA, BCH, DASH, LINK, BAND, ADA AND SO MANY MORE!) I think we have reached the bottom of this particular dip. ETH is struggling to go below 4000K, ( a whole number psychological level, a place where many buyers probably have setup limit order), Bitcoin Fear and greed index is also at 33 (twitter.com) ETH.D is looking to breakout of a massive weekly cup (), are reasons why I believe we will not dip further,. There is a saying in the equities market, be greedy when others are fearful, in my opinion this is that time to be greedy. Its the black friday crypto sale!
WLUNA is at a fantastic reversal setup along with many other alts. It has made a double bottom with a very bullish divergence on MACD and RSI and is at a high demand zone between 44 to 39. Above I have outlined the current market conditions and it is looking like we will reverse soon. But in the case we dont and we continue to slide, my stop loss for this trade is at 39.
Trade safe and remember. The market does not care about you!
ETH-BTC
Do not buy BTC & ETH Hello everyone,
Analyzing BTC & ETH we can see that they are not ready yet.
In order to get into ETH and BTC we need to wait for them to reach support level and then get into the market when that happens.
Thank you for watching the video, have a nice profit week!
Waiting for takeoffthe price rebounded after the fall, forming the first and second waves. now it's time for the third one.
Ethereum Double top on 1hr chartEthereum is forming Double top pattern
Next target is at mazor support
Will Ethereum follow a Head and Shoulders pattern?If it does, some more short term pain should be followed by a sustained move towards old highs.
OMI is waking up!The whole crypto market is down but OMI is up 8% , the giant is finally waking up and sometime in the next 20 days a move will happen that takes us straight to 1 cent , I believe they will announce a exchange listing soon when that happens before the coin is even listed on these new exchanges we will hit 1 cent.
Price has formed an ascending triangle , volume is picking up big time and we have held the 0.618 Fib , high probability we are breaking to the upside. Check out my previous TAs on OMI below .
eth usdt daily chartGlitter Finance Strikes new Partnerships, Aims to Improve DeFi Cross-Chain Capital Inefficiency
Glitter Finance continues to strike partnerships and grow its community.
In a recent Twitter (NYSE:TWTR) post, Glitter Finance said it was increasing its social media presence to Reddit, Instagram, LinkedIn, Discord, and Telegram. At the same time, the DeFi platform is striking high-profile partnerships. Glitter Finance has already joined hands with ExNetwork Capital-- a top crypto fund in the Philippines. With this deal, Glitter Finance now becomes part of ExNetwork Capital's growing portfolio of blockchain projects.
Fragmentation and Cross-Chain Bridge Capital Inefficiency in DeFi
The Glitter Finance project identifies the fragmentation in DeFi and capital inefficiency of cross-chain bridges . Its solution will efficiently solve these pain points by leveraging the Solana bridge ecosystem to boost capital efficiency between cross-chain bridges.
According to their pitch deck, their primary objective is to increase capital efficiency through the opportunities presented by its interoperable bridge connecting to several rapidly growing blockchain ecosystems like Polygon, Solana, Algorand, Cudos, and Terra. Specifically, integrating with the Solana Bridge makes it easier for Glitter Finance to channel idle collateral into the incorporated yield investment platform, making the experience of ordinary DeFi users even more exciting.
Glitter Finance will be redeploying synthetic versions of tokens created on the interoperable bridge into yield pools integrated into the platform. As a result, they can leverage the creation of synthetic versions of tokens on the new chain while concurrently deploying a portion of the original locked asset into yield farms. Overall, the team aims to build a product that taps on the rich liquidity in the bridge ecosystem to increase capital-efficiency for DeFi traders.
In the long run, the development team has indicated their plans of integrating artificial intelligence and machine learning. This will create an algorithmic trading platform that overly benefits novice traders. To ensure this quickly comes to fruition, the Glitter Finance interface is intuitive, easy-to-use, and will soon launch on mobile. The wire-framing and the portal's technology stem from the team's cumulative experience exceeding 15 years, converging to ensure the project posts impressive results.
DeFi Adoption Barriers, the Glitter Finance Solution
The DeFi ecosystem continues to blossom. According to trackers, DeFi dApps cumulatively manage over $256 billion. While Ethereum dominates, upcoming protocols like Solana, Polygon, and Terra have decent market share despite their relative nascence, launching years after Ethereum's release. Despite their newness, these blockchains resolve challenges facing Ethereum by promoting interoperability and improving user experience through low on-chain fees.
Even with the rapid expansion of DeFi, some high-power dApps are still created by anonymous teams. At the same time, the fragmentation of DeFi solutions dispersed across different ledgers coupled with the relatively high knowledge threshold slows down adoption. Glitter Finance aims to eliminate these barriers by focusing on the ordinary user to build trust, improve liquidity and capital efficiency. The DeFi platform is leveraging the expertise of the development team to deliver a suitable solution meeting the varied needs of end-users across the globe.
Notably, the Glitter Finance cross-chain bridge creates exciting opportunities in trading by expanding the possibilities of accessing deep and rich liquidities without sacrificing flexibility. These bridges, the team explains, exist as mini-ecosystems for creating synthetic versions of tokens from the blockchain they bridge.
There are 125 million Glitter tokens, of which 30 percent has been allocated for liquidity and incentives. All of them will be released during the token generation event. Holders of the Glitter token would have the power to govern and access core functions of the platform. For instance, they can list new yield farms, change cross-chain transfer treasury fees, and even update oracle addresses.
ETH BTC - 0.07 Nice number - Eth is low against BTC.
Attractive buying right now Miss Moneypenny.
;)
ETH, Retest of Previous All Time High + Buy Zone below $4,000ETH is finally seeing a correction to the downside. Great opportunity if you're a long investor. Looking to retest $3900, this either reverses at $3900 or sees lower.
A Buy Zone for me is $3600-$3300, based the buy zone on previous resistances and supports, plus the Bull Market support bands SMA's are at $3300 and $3500 as of 11/16/2021.
with a small stop lossThe price broke below the support for the uptrend. False breakout is possible. But you can try and go short with a small stop loss.
Broader market direction with actions I see 2 courses of action from here. So I am majority stable for now, these are my orders for each action.
1. ETH and BTC rally from here making a new substantial ATH. From this COA I will be buying major alt pairs when they inevitably bleed out during the run.
2. ETH and BTC correct here and we see a major dip in the market. I will then look to accumulate ETH 3.6-4.1k, then filter back into alts.
If COA 1 is put into play, we will miss the first move yes. But imo this could go either way here.
One to note, funding rates are very low right now. Making me lean towards ETH and BTC potentially moving upwards first.
XLM First Target SecuredSo if we focus closely here, we can see XLM really consolidating for Higher highs. And we honestly believe they will be well worth the HODL/Accumulation.
Currently it looks like XLM is battling .33-.37 pretty vehemently. If it can break through and hold a steady beat through even the .44 range, XLM will start a new leg up to its higher-highs.
Keep an eye out for traps. RSI cannot be too high when ATH is in sights. The same is true for Volume and low RSI on sell-off. Don't get caught.
Never advice. Just m00n thoughts.
3 days ago - www.fxstreet.com
ETH; sign of strength?The ETH, in weekly chart, has the chance of shaping double bottom or upward pattern in triangle against BTC. The strong resistance of following days would be vital completing the form.
70000$ - And what do you think?there was a good buy opportunity with a short stop. I'm looking forward to growth. And what do you think?
Daily ETHBTC UpdateThere is not much between ETH and BTC at the moment but I currently hold a long term bias for ETH, but a short term bias for BTC. Long term ETH has been trending up against BTC but has now been in a consolidation triangle since the middle of May this year. ETHs recent short term uptrend has broken and BTC currently has the upper hand. I might note at this point that this dominance is only weak and is yet to provide us with a genuine trend. The market pullback over the last few days has provided BTC with a market cap advantage and it would surprise me to see ETH resume its dominance over BTC as soon as this correction is over.
ETH looks ready to explode . Once we past 5k it can go parabolicTight consolidation. A big move is brewing. One 5k resistance is broken this could go parabolic much as Shiba Inu did. 6k might come quickly.
Is Coinbase @ A value Entry ?Today COIN took a large dip based on some skewed earnings. However with Crypto interest expanding as well as The NFT market buyers come in to show lots of support and didn't let it break $300 level support. Keep an eye open tomorrow as it may present a buying opportunity early in the trading session.
LINK/USDTLINK has made a good correction from its upward move. It has retested the last break-out area, and the candle closed above the area. It has been on a long-term bullish cycle with periodic corrections since July. The current move up had supporting structures of a double bottom in longer timeframes. We have a support structure holding the higher price created by SL order clusters below the current consolidation area, which it retested. Remember that an SL order of a sell/short position is actually a sitting duck order of a buy/long. The selling pressure couldn't push the price low enough, which is why I am expecting some liquidations of sell or short orders, or SL triggers, meaning market execution of buy pressures to kick in if the price manages to bounce back up from this retest of support, pushing the price much higher. I am expecting a retest of the resistance at 33.40, 34.85, and 36.40.
Eth hit 5 wave target, Corrections next. Ethereum hit elliot 5 wave target. Total Cap hit close to 3T target. Monday too bullish for setting healthy bullish trend for the week. More like a fakeout Monday pop. Eth.d Skipped a green on 4 hr. BTC.D can rise with Total cap drop in a bearish fashion. Watching for LPT dip. 10% cash.
