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Farm 201% potential. What’s up folks! Rough couple days at? Here’s a sure winner for you! Of course DYOR and I’m no financial advisor but, I KNOW A BOTTOM WHEN I SEE ONE! As always, below is some fundamentals to help you learn more about this project and find exchanges to buy it. Have a green week! SAVVY ————————————————————————————— FUNDAMENTAL ANALYSIS About Harvest Finance FARM is an Ethereum token that powers Harvest Finance, a yield optimizer that moves funds around the decentralized finance (DeFi) ecosystem in an effort to generate yields. FARM can be used for staking and yield farming on Harvest Finance. Official website harvest.finance Harvest Finance is on the rise this week. The price of Harvest Finance has risen by 1.92% in the past 7 days. The price declined by 0.55% in the last 24 hours. In just the past hour, the price shrunk by 0.09%. The current price is MX$2,796.514331 per FARM. Harvest Finance is 94.29% below the all time high of MX$48,994.11.The current circulating supply is 648,000.743 FARM.
Long
by Savvythe1
3
Time for a Correction?I believe that we have more room for downside. As many know, we have had an incredible run from Ethereum. First area I'm looking for is 3750, as we have good support in this area. The support trendline from July lows and September lows state that the area of support is somewhere in the 3700s. I expect a bounce in these areas, if not, we have then broken our major trendline. The RSI, however, has broken lower trendline from July 12 and Sept 20 lows. In addition, MACD histogram has shown us 2 waves of upside, continued by 1 down. We are now close to finishing the second wave. I would love to hear your opinion.. Thank you!
Short
by Smarter_Trades
1
Daily ETHBTC UpdateETH is showing new strength over BTC. We can see in the chart that ETH has been in a consolidation phase with BTC since its high back in May of this year. If we see a break of this consolidation to the upside the measured move will take us all the way up to the 1.414 Fib level at 0.13 BTC. In relative terms that would mean if BTC were to double in value then ETH would 4X. So if BTC was to move from $60K up to $120K, then ETH would go from $4.5K to $13.5K. Currently, we are still in the consolidation zone and we can expect resistance as we approach the upper trend line. RSI is rising to support the upward move but volume is still low. We'll need to see volume increase if we are to see a breakout to higher levels.
by marcusdw1
Has DOT/BTC Set Its All-Time High? As I've stated in my recent posts, I think we're inching closer to peak market euphoria for crypto. Does this mean I think the top is in? Not necessarily. But it does mean that my bias is switching to selling, rather than buying. As I dollar-cost-averaged in during the bear market, I plan to scale out soon. I think this current crypto bubble is much more similar to the dotcom boom than the previous cycle. There's much more money involved this time, and a lot on the line. There appear to be less individual people taking out bank loans to buy crypto this time around (just based purely off Reddit posts) - we're instead seeing huge marketing efforts and more authentic crypto adoption by larger players. Adoption is good in the long run. It means crypto is likely here to stay (this was always a question after the last bubble popped). Now it's not a question. But this doesn't mean valuations need to stay this high. And the looming question of regulation remains. People on social media seem to be taking their gains for granted, and speaking in absolutes as if financial freedom is guaranteed. Especially with newer hyped projects. This chart is an example of a more newly hyped project, and how its recent price action compares with a legacy crypto like LTC. Looks quite similar. If DOT/BTC cannot break the supply zone overhead near 0.001, I think it's likely to head down towards all-time lows on the ratio. This is just an example of why I do not think "this time is different." Sure, there are some differences, as noted above. When you're wrapped up in the mania it's hard to see the other side. In any case, I've heard good things about Polkadot. I might even pick some up if we see another big crypto winter. There's an argument to be made for Bitcoin having less severe drops in the future, but as we saw this summer, many alts can just drop 50% in a single day, or 80% over the span of 2 weeks. My strategy is about managing risk in the long term, and it's starting to seem a little risky up here. This is not financial advice! This is meant for speculation only. This is only my personal view. -Victor Cobra
Short
by VictorCobra
8