[40%] (LONG) BURGER / BNBIf we break the resistance of the triangle or RSI break the line :
- target 0.07 BNB
BurgerSwap is the first democratized decentralized AMM on Binance Smart Chain, built without the control of any centralized entity, through smart contracts.
BurgerSwap has been developed based on the DEMAX decentralized finance platform built on Binance Smart Chain, enabling a swapping mechanism with democratic decentralized mechanics which allows changing parameters by the community through transparent voting.
With BurgerSwap, it could become possible for any user to create proposals to adjust transaction fees, block rewards and other system parameters of the exchange, and any user staking BURGER tokens can vote to pass or reject a proposal. The BurgerSwap decentralized governance system cannot be managed and controlled by any centralized entity. Users are said to be rewarded with BURGER tokens as long as they create liquidity, stake, and vote in the governance system.
(LONG) BURGER / BNB
Yieldfarming
UNISTAKE is about to melt facesI just want to be the first to say that by the time you read this, this project will probably already have 100X 'd for me. The use case is mega strong and the team hasn't even launched their problem solving tech just yet (next week is launch time). Expect to see this on Coinbase soon. Expect mass adoption. Expect to see this coin around in 5 years while many others will have died out.**
**This isn't financial advice. It's just my opinion. Invest at your own risk knowing micro caps are much riskier than midcap and large cap.
$WAVES to 15$Here I show an idea I've got. I think WAVES is primed for a rally to bring a x2 return.
All glory to the upside
All wicks to the downside
YFI road to 100k and beyondHere I show you a pair that might be interesting.
The problem with the team got a solution backed by the community (whales) and the devs.
They are gonna mint some tokens to reward the team.
Imo isnt the best solution, but the weekly chart seems leet and the market seems to react positive to this new.
Macro breakout could be a matter of time.
Dont overlvg this position, but might be good to the since here to average entry if 40k are broken
Thx!
EASY / USDC - EasyFi = Bankroll on SwoleEASY is my new favorite DeFi Savings Account:
Go buy some / trade for EASY at Uniswap
Goto EASY's Dual Farming dashboard and stake all your EASY
Farm MATIC until you're ready to cash in
Withdraw staked EASY and farmed MATIC
You can see on EASY's chart that it's getting bought up further and further.
EASY money.
YFIUSDT may re-test $20K supportHi friends, hope you are well and welcome to new update on YFI token.
Priceline moving in Fibonacci projection zone:
After taking bullish divergence from potential reversal zone of bullish Butterfly, the priceline is still moving within the Fibonacci projection or sell zone area.
After rejection moving toward support:
After being rejected by $30K resistance now the price action is moving towards $20K support and likely to form a parallel channel within these support and resistance levels. While the price action is forming higher highs on the other hand the RSI is forming lower highs, therefore there are more chances for the continuation of bear trend.
The channel can be changed:
If the price action will be bounced from 100 and 50 simple moving averages then the movement can be changed from parallel to up channel.
The harmonic BAT move:
On daily chart, the priceline of YFI token is also completing the final leg of bullish BAT and for the completion of this leg the priceline may move down between: $21128 to $ 19773 then it may move up from this potential reversal zone.
Conclusion:
All indicators and patterns have confirmed a move upto $19773 but we should use the potential reversal zone of bullsh BAT as stop loss because, if it will be broken down then the bear trend can be continued.
Note: Above idea is for educational purpose only
OvOa Token: Preparation to the next buyback at uniswapA techinical and fundamental bullish analysis of TheOvORide series A on uniswap: info.uniswap.org
Both good buying pressure and The next buyback schedulled to December 5th
Its hard to say there is no good spot to buy that tokens because both fundamentals and technicals are in ouw side.
More info about the ovoa token can be found in andr3.gitbook.io
Why It's different:
Standard DeFi projects get their profits from fees, liquidity services, lending, borrowing, or plain ponziness.
OvO gets profit from High-Frequency Trading and Fee Rebate-Farming from the crypto derivative exchange Bybit.
Where is the Value:
I believe that for anyone to win, somebody else needs to lose. With several hundreds of new DeFi projects around, it's close to a gamble to join a pure ponzi scheme or a fundamentally sounded project. The money-losing side that gives us the consistent alpha are the ETH/USD traders and algorithms that make mistakes.
95% of traders end up losing money and 99% of traders pay fees to the exchange. My market making algorithm capitalizes on both. Ofering liquidity services to the exchange and receiving 0.05% of our trading volume back.
Each new buy of OvOa in ETH on Uniswap generates three simple forces:
-> 10% price increase that rewards investors that entered before and hold the token
->45% pooled tokens that increase depth and liquidity
->45% ETH sent to Market-Maker Bot on Bybit.
Every 10 days, the Bybit's Acc. buyback the OvOa tokens directly from the Uniswap pool. This increases the token price as a ratio of the bot's performance.
Why it's good for the dev/b]
I don't think fee rebate for market-making gonna last forever (Binance doesn't offer it, Deribit already ended it) so it's a matter of time until this consistent way of making funds comes to an end.
I want to get the maximum value I can while this profit-making window exists, so I opened the bot capital to investors to stake me in exchange for equity of 70% of the bots profit.
The tokenization of the trading allows me to protect the intellectual property of the trading logic and indicators while allowing multiple investors to enter and exit with minimum bureaucracy.
Why it's good for the investor
The tokenization mitigates the risk of full custody, as you are free to increase or decrease exposure to the bot simply by buying or selling the token on Uniswap
The market-making nature of the bot supersystem creates a predictable and steady income. The Token will get value even if everyone decides to dump it. The system is antifragile as any sell creates another opportunity window for getting cheaper tokens.
The risk-reward of the market-making bot is better than API bots as I can have a better management system.
ETH - The road to $500While bitcoin cools down a little, is gaining strength it seems. Trying to crush resistance near $490 🔥
I hope you didn't sell scared of $40 corrections to $440 and even bought more.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
SUSHI - LONG, Slowly Climbing BackUNI farming will end soon (at Nov 17) and sushi looks like a hot buy again, flipped the first S/R at $1.3 it seems.
It's not just a farm anymore, it has stable yielding cashflows (sushiswap fees, xsushi stacking), constantly rising TVL and future products (Bentobox (Margin trading any alt pairs), Gusoku, MISO).
I'm long from $1.19 avg, targeting $2.0. Let's see how it plays out.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
YFI - Quick update (still in channel, impulse move soon)Quick update, still nothing happens, kinda triangle, plan hasn't changed - targeting $20k for this swing.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
LONG YFI - Oversold with Positive Divergences... Yield farming LONG YFI - Oversold with Positive Divergences... Yield farming aggregator. In fact yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community. yearn.finance
EASY Gainz! Accumulation in $6-7 range before take off to $20!EasyFi looking good on the 1 hour, macd can flip at anytime. has strong support at $6.50-$7 range
Bullish flag forming on the 1 hour.
We could see a break out soon with November 5th AMA with Binance and also EASY/USDT pairs coming to Binance will bring more volume and eyeballs.
Target is $20 - Long term $30 and $40
Not financial advise.
Long YFI - Yield farming protocol yEarn.finance - YFI - Yield farming aggregator
Overview
yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community.
History
Previously known as iEarn, yEarn.finance, was created by a single developer, Andre Cronje. After suffering an exploit in February, 2020 Andre announced he was stepping away from the project after facing backlash from the community. He later returned and the project re-branded to yEarn.finance introducing a suite of new tools such as Earn, Vaults, yInsure, and StableCredit.
The project rose to prominence after introducing its native YFI token. Prior to its launch, the protocol had around $8 million in assets under management which quickly rose to over $400m within the first week. Anyone who deposited liquidity on Curve yPool and YFI Balancer pool within the first week of launch, was qualified to claim YFI. This generated a lot of attention to yEarn.finance and its launch mechanism has helped develop the dApps into an active community, particularly since there were no allocations to the team or investors, meaning it is governed entirely by users.
Multisig Governance
Initially, Andre had the exclusive ability to mint tokens but that privilege was later extended to 9 multi-sig owners requiring 6 signatures. These members are active members in the DeFi community and Andre did not include himself as a signatory.
Vaults Launch
In Yearn.Finance V2, the team launched a new product called Vaults. It is essentially a smart savings account that maximizes the value accrual of deposited assets. yUSD is the first vault that launched and it reached ~$600M within days. The success of yUSD sparked the community to innovate more on this product, and in the end, yETH was born. yETH vault created so much hype, on the first day alone, users deposited ~$140M worth of ethers. This event triggered Maker(the protocol who made DAI, a key component in yETH accumulation strategy) to increase the debt ceiling in DAI. At the time of writing, The vault still closed temporarily, citing that the current asset under management is sufficient for risk and rewards returns.
YFI- Even its own creator says it has 0 financial valueDeFi boom as well as limited total supply (No pre-mining and supply increases as yield farmers providing liquidity by staking and lending their tokens) contribute to the supply/demand imbalance of YFI governance token, leading to the rapid appreciation.
First of all, it has a comparatively minuscule total supply limited to just 30,000 coins. Second, over 60% of them are currently locked in various staking pools, according to data scientist Alex Svavenik.
Andre Cronje, software engineer who built yearn.finance and created YFI governance token, intended for YFI to be a valueless 0 supply token. "We reiterate, it has 0 financial value” as he wrote in his blog.
However, that didn't stop yield farmer from pumping YFI to the outer stratosphere as it jumped 270% in 5 Days.
Treat it as a speculative coin and short-term swing trade it (No need to hold it for more than a week) on the 1hr time frame.
YFI - DeFi world is crazyTotally madness, YFI token price is almost like BTC. Thanks to Yearn Finance and a lot of yield farmers token price is mooning. I thought it was overvalued at $4000 but I don't even know what to think now. Call me crazy but I think this bubble may continue to inflate while liquidity in Yearn Finance pools continue to grow.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
ETH- Stars are aligned Simply put, ETH's 400 price lvl is equivalent to 6k price level of BTC.
Once S/R flip happens, it should be all smooth sailing for ETH as long as the macro condition remains strong.
Three main catalysts all converge together at the same time.
#1. Fundamental factor-
Medalla is the final testnet before the launch of the Eth 2.0 network, which according to Vitalik's optimistic expectation, can be expected to happen before the end of this year. The official launch timeline of ETH 2.0 has been delayed several times already, but the benefits of enhanced scalability and privacy can't be overstated once the network switches to Proof-of-stake (PoS).
#2. Short-term hype & buzz-
DeFi gold rush has just started. However, there is a good chance that it will fade away like IEO of last year. The high interest rate is unsustainable as ppl are moving from one lending platform to another in the constant search of high yield and governance/lending token appreciation. Most decentralization exchanges (DEX) also benefit from the yield farming phenomenon as most experienced record trading volume last month.
There are two reasons why ETH's price will go up because of the yield farming. First, since most lending and DEX tokens are sitting on the Ethereum blockchain, it is plausible to think that it could propel ETH's price as long as the amount of ETH locked in DeFi contracts has the impact on the supply of ETH. Second, according to The Block, the market cap of all ETH tokens recently surpassed the market cap of ETH itself. Therefore, ETH is possibly poised to rise as growth in the utility layer trickles down to the base layer.
#3. Technical lvl-
As stated above, 400 price lvl is an important psychological lvl. Once it is breached and retested, it will become a strong support lvl. Moreover, I believe ETH has more upside than BTC as it still has a long way to go before it reaches its previous ATH.
Furthermore, two of Ethereum's major competitions, Tron and Cardano, are falling behind in the DeFi and Dapp race as TRX has just announced to enter the DeFi space and ADA is lackluster in the Dapp performance.
Even if the 400 resistance lvl is strong, ETH is still poised for the major breakthrough in the near to mid-term. I would continue to accumulate on the dip when the price drops to those two buy zones I list in my chart.
Thanks for reading through my analysis :) Don't forget to click like!
BAT looking to takeoff, yield farmers favorite coin.Bat has just lost and then reclaimed its major support level over the last few months and is now starting to pull away. Looking at a 100% increase from here against BTC to hit previously strong resistance levels. Sometimes you really only need a few lines and some patience.
Coupled with the current de-fi yield farming craze of people scooping up and locking these tokens in yield protocols like compound, AAVE, etc, I think this coin is primed to absolutely explode.