Linear Finance #LINA readying itself for the bull marketBeen talking about the General Altseason for a while now
It's been teasing us for some time
As the chart of Linear clearly shows
1 year of death
2 years of sideways
is the price you pay for 1 year of up , with most of the gains arriving in the final thrust
where you will not be wanting to sell lol
Crypto is a cruel mistress.
So LINA i believe is close to breaking out
DEFI cycle two narrative
and a cycle two coin
gains can be had but obviously keep your expectations muted .. it's more for bag holders being given a chance to get out than wild upside
Perpetuals
I can see SLERF doubling from here!This is beyond reckless
attempting to predict a HVF before a low2 is even confirmed !!
or a High 3 is even within sight
But hey let's indulge in some male astrology shall we
The story behind this coin is probably fake
BUt who cares, it's a Bull market
And Memes with a snowball effect are just too powerful to ignore.
One of my favourites is Landwolf on AVAX as you know
Which I think has a chance of half a billion market cap at least ..
Slerf is already $300M so only needs a 3X for that magical Billion dollar valuation.
It has a shot for sure... but let's lock in that double first
#PERP/USDT#PERP
Price has been trading in a bearish year since July 2023
The price moves in the direction of breaking the downtrend.
At the first goal of 1.000
Second goal 1.3100
Expects correction after the first goal
This bullish is supported by oversold on MACD
It is also supported by a fraction of Moving Average 100 upwards
GNS (Gains Network) Long-Term OutlookHere's my long-term outlook on GNS.
Fundamentals:
Looking at Gains Network Price-to-Sales (P/S) and Price-to-Fees (P/F) ratios both indicate that GNS is extremely undervalued (by between 4-16x) when compared to the same ratios of similar platforms.
Daily trade volume and daily users are increasing linearly, while daily trading fees has begun to grow exponentially. gDAI price is increasing linearly as expected, even though both Polygon and Arbitrum vaults are overcollateralized. This means more traders are using Gains, and stakers are benefiting.
The amount of staked GNS has remained fairly constant, while the GNS supply peaked in March 2023 and has become linearly deflationary since June 2023.
Technicals:
Technicals look very good, Buyers and Sellers historically have reached standstills at the following prices (± $0.10) :
$5.00
$5.50
$6.00
$9.00
$12.00
Each of these are key S/R levels.
RSI is crossed over it's MA right at 50 and trending upward which is very bullish considering we're testing the top of a major liquidity zone, however the momentum has crossed bullish, which means bulls are not quite ready to pull the trigger to the next resistance level.
Assumptions:
1. Gains user base continues to grow at the rate it has been, beginning to rival GMX.
2. Arbitrum continues to hold substantial L2 TVL.
3. The underdog competition MUX Protocol, which has grown exponentially faster than both GMX and GNS (in terms of TVL and number of users since respective date of inception) doesn't take away GNS market share and the fact that it's trading aggregator utilizes Gains for some trades is beneficial to Gains P/F.
I'm pretty confident about move #1 that we're due for a retest of the last pivot low before we see any real upwards movement. Obviously, each move is based on the previous one and the assumptions listed above.
This is not financial advice. DYOR. Manage risk.
Perpetual Protocol (PERP) formed Gartley for upto 16% pumpHi dear friends, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP) with US Dollar pair.
Previously we had a nice trade of PERP with BTC pair.
Now on a 4-hour time frame, 1INCH has fored a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Binance Futures full watchlist 25.11.2021binance:sfpusdtperp
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BULLS UNDER BEARS ON TOP - Wait for confirmationBulls (orange upward trend) and bears (black downward trend) are coming together..... i expect an explosive move in the coming days / week
await confirmation before placing trade
get above blue target 33.380 to continue the uptrend failing this support down to 32-31K
Please give this a thumbs up if you like the work
$PERP Tools used:
4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM (UTC +8), vertical line
Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle
Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8),
Possible bullish price actions:
As per blue highlighted bars
LINA/USDT Perps BottomedAfter the initial pump and subsequent dump upon LINA listing onto Binance, it is now appearing to have bottomed.
Price has bounced and is forming a bullish symmetrical triangle right above support. R/R for a long as good here and I've entered the trade.
Take an appropriate amount of risk and apply a logical stoploss.
Good luck.
Long AVAX?Falling wedge is a bullish pattern?
Avg price per coin looks good for entry in AVAXPERP or this
Since its ICO AVAX has held its strength and buyer volume is increasing.
Will there be a breakout? the chart looks very similar to ALGOUSD.
Let's follow and watch the price action.
(disclaimer not financial advice)
BINANCE:AVAXUSDT
WAVES - Just saying, it may still be possible yet BINANCE:WAVESUSDTPERP
@JSEA's idea from today was the inspiration for this.
Waves has finally made some movement after a long time sittin sideways.
May not be as timely as first pumps but may re trace its way back up to the 2nd GREEN line. if it does then the 3rd will only be a matter of time.
margin of error 0.0500 - 0.0800
MAJOR KEY!!!
DO NOT USE MAX LEVERAGE!!!
10x TO START
THEN 15x if 2nd green line proves true.
20x once 3rd green line proves true.
Please give feedback and comment.
Dont be shy to correct.
SHORT - BTMX - TopCouple of bearish divs on both volume and rsi at daily resistance, indicating that this pump is getting over soon.
Entry: 0.07461
TP 1: 0.06531
TP 2: 0.05802
TP 3: 0.05276
SL: 0.07805
* Not financial advice *