DEFI-trader

DEFI-trader Updated 

It seems we have completed the ABC correction of wave 4 and I am expecting a major wave 5 to bring us up to 2,000usd mid this year. I used fib levels to estimated the correction depth. Adding to this, Elliott wave count we can conclude the strong BUY on STRONG! Follow for more updates

DEFI-trader

COMP has reached the 100% extension of the C wave as shown on the chart. I use Trend Based Fib. Extension tool to predict potential reversal areas. As you can see we had a complex major ABC correction that lasted almost 10 months. I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we...

DEFI-trader

SLP price hit the 100 EMA before finding resistance and traders took profits after a massive run. We have started the wave 1 of the uptrend. I will sell SLP at those levels before buying more at lower prices. Follow for more updates.

DEFI-trader

On my latest post, I mentioned that 1900 usdt was an important area to watch and which we were rejected. On this set up, we can see that DEFI/USDT is forming a triangle on the LOG chart. The RSI shows that we will enter in a long period of consolidation(look at the descending trend lines), however we will have some excellent gains if we play it well. When we...

DEFI-trader

Anchored VWAP measures the average profitability of the selected period. In a nutshell, if price is above the VWAP line, majority of traders are in profit. This shows that there is a bullish momentum and can attract more and more people (money attracts money). However, when many traders are in profit, the selling pressure can be higher which can result in a...

DEFI-trader Updated 

SUSHI price is near support of the channel. I want to risk here on leverage. Leverage: x20 Amount(usdt): 677 - (around 30usd for this trade) Price entered(usdt): 4.1830

DEFI-trader Updated 

My latest trade on BTC short got stopped out. Next trade, it is for SLP. It seems we have finished the ABC corrective wave according to fib level extension (on log chart). Filled Amount(SLP): 8688 Average Entry Price(usdt): 0.0109 Total Invested(usdt): 94.69 Follow for more updates.

DEFI-trader Updated 

LTC price is near support area. I will take that risk to enter on my sixth trade of this challenge. Initial Portfolio(usdt): 118.28 Price(usdt): 147.3 Filled(LTC): 0.803 See chart for take profit areas. Follow for more updates.

DEFI-trader Updated 

We are about to experience another bull run this year.. BTC at 159k usd is my price target. My personal advice: Sell your overhyped alts, buy BTC and other currency coins (BCH,DASH,LTC,XMR). Follow for more updates.

DEFI-trader Updated 

We closed LINA trade because of some weakness shown on BTC. I am betting on a decrease of LRC price in the next few days or weeks. I use fib levels for my exit strategy. See chart for more details. Price(usdt) : 2.44 Amount (LRC): 105 Total(usdt): 256 Total portfolio: -256 usdt (borrowed on Binance Cross Margin) Follow for more updates

DEFI-trader Updated 

After the massive increase in price of MATIC, projects on this network caught my attention. We had to close the LRC short position(in profit) earlier in order to jump on this one. My next trade: Price(usdt) : 225.6 Amount ( QUICK ): 0.36 Total(usdt): 81 Total portfolio: 0.36 QUICK Follow for more updates

DEFI-trader Updated 

We missed a massive pump on QUICK but life continues. Next trade entered yesterday. Short on LRC We go for 4:1 Risk reward with a leveraged short trade on this pair. See chart for stop loss. Initial portfolio(usdt) : 96.7 Price entered in LRC(usdt): 2.3698 Filled(LRC) : 81 (Isolated borrow on Binance) Total (usdt) : 191.95 Follow for more updates

DEFI-trader Updated 

We are still in wave 4 of this bull cycle. We may potentially have a zig zag complex correction that started back in May and may last until Q1-Q2 next year. Follow for more updates

DEFI-trader Updated 

I have chosen LINA as my second trade. It is currently testing a trend line. So, the risk reward seems reasonable. Entry: 0.03884 usd Size: 1487 LINA | 57 usd Current portfolio: 1487 LINA Follow for more updates

DEFI-trader

See chart for my thoughts. Not the best chart to look at it. However, there is a 2 week window for a massive green candle and bullish continuation. But if that doesn't happen, we are entering a bear market. Follow for more updates

DEFI-trader Updated 

We are expecting KNC price to hit 3usd within this year. 3usd is the 0.618 fib level as shown on the chart. Let me know if you have any questions and don't forget to follow for more updates.

DEFI-trader Updated 

Here is my first trade of my ambitious plan to turn 100 dollars into 1 million dollars. In this set up, I have noticed a bottoming triangle formation and on chain data suggests that whales are buying aggressively. Entry price: 4.13 usd Amount purchased 99.7 BNT Amount usd: 103 usd (borrowed 308 usd on binance Margin) See stop loss and target price on...

DEFI-trader

I am expecting a price increase of 50% in the next couple of weeks on this project. This may follow the same trend as KNC did. Follow for more updates.