DEFI-trader

DEFI-trader

We are expecting AXS to drop to 70usd area and the 144 EMA daily. We have a divergence on the RSI and we failed to make new highs. On top of that, there is a massive inflow of AXS into the market due to the staking rewards. Better buy SLP if you want to invest into Axie Infinity game. Follow for more updates.

DEFI-trader

Bullish updates from SLP. Price broke out of the descending channel. We may see some nice green candles in the next few days or weeks. See on the chart, areas where I will be selling SLP. Follow for more updates.

DEFI-trader Updated 

Please see chart for better analysis. It is time to complete the C wave down. Now, AXS is not used in the same rate for breeding new axies. This will have a negative impact of the price, on top of the release of 800K AXS to the founders. Follow for more updates

DEFI-trader

We are at the start of the final wave 5. The utility of LTC is undervalued. Whales are accumulating into it too. On chain data will show that. Great time to enter into LTC for an easy 5x from here. Follow for more updates!

DEFI-trader

SLP seems to have bottomed. We need to wait for a bullish daily candle to confirm this reversal, but I am bullish on this token. Target price of 1 usd can be possible in the near future. But, I will exit 50% of my position at 0.2usd. Follow for more updates.

DEFI-trader

QSP is showing us the area of heavy accumulation. This is a great opportunity to buy before a massive upside run. QSP seems to be a lagger in this bull run. Follow for more updates

DEFI-trader

Please see chart for my analysis. SLP is becoming more bullish. Breeders are more and more profitable which will help burn more SLP than right now. They managed to adapt to new builds that are more adapted to arena gaming and provide higher ROI. Exciting moments for the rest of the year 2021. Follow for more updates.

DEFI-trader

Here are my thoughts: On previous posts it was mentioned that SLP wasn't forming any triangle formation. After that, when prices went lower, I entered on a support and got stopped. For now, it seems that SLP is still struggling but it is near strong support area. I updated the descending Log channel to the new data. Right now, this is a good area...

DEFI-trader Updated 

See chart for trade. I have seen many ideas with triangle. But I don't think this is correct. SLP is in a downtrend channel and things will not change that fast. BUT, we will have a small rally to the upside. Please follow for more ideas.

DEFI-trader

Please see chart for details. XRP tested an important level before moving again higher. Follow for more updates.

DEFI-trader Updated 

Please see charts for details. Stop Loss: 0.32 usd Target Price: 1.8 usd Follow for more updates

DEFI-trader Updated 

Please see chart for details. The situation is simple. We need to hold the local lows and stay above in order to have a continuation of price bull trend. As long as we hold, we stay bullish. Follow for more updates.

DEFI-trader

After a major correction, usually , ZIL goes through an uptrend channel before a major move to the LOG trend line of the previous high. Will we see the same story happening this time ? Any trades initiated right now should have a stop loss at 0.09 usd. Price target : 0.5 usd Please see my previous analysis on ZIL: Follow me for more updates ;)

DEFI-trader Updated 

XRP created a double bottom formation, broke out and retested the previous resistance. Target is around 1-1.17 usd area. Stop loss below the local swing low.

DEFI-trader Updated 

Theta formed a bottoming formation: V-Shape. This is bullish, but trading only based on this, it can be tricky. Wait for price to create higher highs above the 200daily MA, test this trend line and resume, before you can feel confident that the market will not turn around.

DEFI-trader Updated 

Please read chart

DEFI-trader Updated 

Please see chart for details. ETH seems bullish . It formed a double formation and broke out. Expect 3000 usd area to be a strong resistance. Above that, we are back to full bull market

DEFI-trader Updated 

We have seen in many pairs before (xrp, btc,doge) the same formation. 7 waves before a massive increase in price. Let’s not forget we are testing the previous All time highs. Amazing trade right now.