Anchor Protocol ANC Price Targets and Stop LossANC/USDT
Entry Range: $1.90 - 2.10
Take Profit 1: $2.25
Take Profit 2: $2.60
Take Profit 3: $3.00
Stop Loss: $1.70
Protocol
Liq Protocol is exploding in weeksAs you can see, we have had numerous rejections of the 27 SMA (Daily), and with the high volume in recent days, it is likely that it can break the resistance.
On top of that, the RSI daily is also forming a reversed head and shoulder pattern.
These two indicators with the high volume point to a big explodion. According to the Fibonacci Retracement ratio, it is likely going to 1 dollar and might test the all-time high of 4 dollars within months
$SYN Synapse Protocol. Time to take the plunge.Quick video covering a Synapse trade. Not a lot of data on this one via TradingView as it was listed only recently at several tier 1 exchanges.
It could be very distracting looking at the 4H triangle breakdown, and context is important from the OBV and other time frames.
Here's the TLDR:
$2-$2.1 is a very strong area of support. Clear invalidation below.
Historically this is a good range, and we're at the bottom of it, ready to potentially create a double bottom or higher low.
Take profits are easy at 15%, 25%, 50%, making the R/R excellent vs the loss from the invalidation.
Good luck and good hunting.
Mirror Protocol Getting TightMirror Protocol has been consolidating for a few weeks now, things are starting to get ready for a move. As seen above, it n the Daily timeframe MIR is in a bullish pennant with the Stochastic RSI down. With altcoins, always remember that the market depends on what granddaddy Bitcoin will do.
Anchor ProtocolAnchor Protocol (ANC) is a lending and borrowing protocol on the Terra blockchain and the 29th project on Binance Launchpool. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.
- i am following Anchor Protocol for a long time and what i see is a perma bullish trend, and have a good reason behind that :
- if you go to check on their website : app.anchorprotocol.com
- You will notice that you can stack ANC for 9.65% APR but also if you use a collateral with UST ( TerraUSD), you will get 70.94% APR.
- You can also stake UST for 17%-24% APR ( 19.47% today )
- So for now not many peoples know about this project but the TVL is already around 14 200 000 000$.
DYOR to dig more and understand how they can reward so much purcentages ( Mechanic of borrowers pay lenders ).
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Trading parts :
- i do not recommend to Fomo on ANC now but just pray for a dip.
- if you want to be just a long term hodler, just buy direct and stake.
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Buy : 4$ to 3.8$
Rebuy : 3.3$ to 3$
TP1 : 5$ (ATH)
TP2 : 7$
SL : No Need
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Happy Tr4Ding !
mirror protocol futures long MIRUSDT it just retraced back to the point of break out. many interests has been awaken. will fly
ASMNot a Financial advisor.
ASM was recently listed on Coinbase Pro yesterday 10/21/21
Saw a run up to .144 and has pulled back quite a bit.
.11 is strong resistance for ASM, if we can get above that and maintain that area for support we can look to start up trend to .131
After that I believe we will retrace and back test support again. Then potentially look to uptrend to .17 area.
New coin, dyor please. I'm looking to just trade this for the time being & potentially revisit.
high risk.
Bella ProtocolBella Protocol is a Beijing-based decentralized finance (DeFi) project. Bella Protocol is building different DeFi products, including 1-Click savings account, lending protocol and automated yield farming tool, to increase DeFi user base.
Rank #436 by Coinmarketcap !!
Marketcap 86M !! - small cap
Traded on binance futures
Resistance level 2.77
RSI -ovesold
Looks like a good project for a pump
Best regards EXCAVO
$BAL/USDT 4h (Binance Futures) Ascending triangle break & retestbalancer.fi looks ready for bullish continuation after thet pull-back to 100EMA support!
#Balancer is a decentralized liquid crypto market for #DeFi tokens using AMM protocol.
Current Price= 28.356
Buy Entry = 28.457 - 27.562
Take Profit= 30.745 | 33.407 | 36.656
Stop Loss= 25.946
Risk/Reward= 1:1.3 | 1:2.58 | 1:4.14
Expected Profit= +19.38% | +38.38% | +61.56%
Possible Loss= -14.86%
Fib. Retracement= 0.786 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
ADA Massive Channel!!Money Makers!
ADA has been on a crazy rise the past few weeks. I thought this channel was an interesting perspective and decided to share it. If it fails these levels and BTC decides to correct I can see ADA correcting very aggressively from these levels. I also indicated a couple of S/R zones with the horizontal line to show the next major supports if it decides to correct. A short position here would be a great idea with a very tight stop loss to maximize profits.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
another perspectivepeep the yellow line
we could be repeating a pattern we've already printed, so far we're holding up and keeping out of that ascending wedge but the pattern isn't entirely broken just yet. Careful, bros, broettes, and they-bros.
Note: you can pretty much apply this to every crypto on the market rn keep your eyes out
blue over blackwe make a stack.
If you don't know Mirror Protocol you should give it a quick google. A true hidden gem... er.. mirror? that's perverse.
Just check the coin out.
Mirror on Coinbase Pro! Is the top in or is there more upside?I wanted to put out an idea on MIR for quite some time, but because I did a video on youtube and included it... I didn't. I've done this with several coins and overall have tried to put out proper gems in here, like smaller coins and not just stuff everyone talks about... but that doesn't seem to be what people want so I need to balance stuff out.
In my opinion MIR has a lot of potential. Despite the inflation I think it looks good. Most of the price action in the 9-13$ range has been because of listings and additions. First it was Coinbase Custody, then Binance, then Huobi and now Coinbase Pro. MIR is essentially at ATHs vs BTC and almost at ATHs vs USD. I think after the addition it won't dump, but actually have a nice pump. Initially a pullback down 10.8 would be an incredible opportunity to buy the dip with the expectation to ride it up to 20$. However even buying here isn't a bad idea, as I think the liquidity after the listing will make it go higher.
Worst case it dumps to where I have currently set the stop loss. It might be a little aggressive as all the way down to the trendline it is good for buying.
NEO looking hot with N3 in the horizonNot much to say on NEO really. Chart looks very clean, support has been reclaimed nicely, looking strong and healthy by moving up slowly and steadily and the big news is the N3 upgrade or essentially new mainnet is coming. This could get a lot of people behind NEO which could do extremely well. The target I have on the chart is just how I see it now but it could go much higher.
NEOBTC also had a massive collapse and completed its cycle, as it came back to where it was before its big pump in 2017
Injective has the cleanest and strongest trend out there!INJUSDT and INJBTC look very solid. INJ, AXS & ALPHA all came about the same period on Binance and they were some IEOs that have done very very well. I won't go deep into the fundamentals of the project but I really like the concept and the fact that they are doing lots of things to expand across different chains and bring in many innovative projects. ALPHA was the early bloomer, INJ initially was strong but then started lagging massively. It never got frothy or exuberant.
Essentially INJ has been going stairs up and eventually will take the elevator up too. I do believe eventually the trend will accelerate rather than slow down. Both BTC and USDT charts look extremely promising and from here the price could easily double or triple. Yes in the meantime we might get a fairly strong dip, but after that I believe the pump will be epic.
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