DEFI-trader

DEFI-trader Updated 

Please see chart for details.

DEFI-trader Updated 

As you can see on my chart, SLP had 5 waves down on the 4H chart. It means a more complex correction is coming in the next few days or weeks.

DEFI-trader

See all the details on the chart. BTC created a bottoming formation.. but we need a few more confirmations before entering with 100% in the trade.

DEFI-trader

We need to break some important resistance levels in order to resume the uptrend. It is a nice looking chart, because price respects Fibonacci levels. Also the RSI turned into bullish, but this is not enough as we always wait for a price confirmation before we enter in the trade. The 13-14usd will be an important level to watch in the near future. If we break...

DEFI-trader

We are finishing wave 4 and we are about to start the major wave 5. This wave, in my opinion, it will be the longest and most powerful. Check the zil/btc chart and you will how bullish this coin is. Cheers!

DEFI-trader

See chart for more explanation.

DEFI-trader

Simple as that. No clear direction. Just relax, go on holidays and wait for the charts to tell us the direction

DEFI-trader

Finally, some bearish sentiment on this coin. After a massive explosion of the “play to earn” nfts, now it is time to short them. I am expecting low Axie prices in the next few weeks or months which it will allow me to expand my scholarship teams. Right now, everyone is printing money, but things will turn sour soon for many of the people who recently bought...

DEFI-trader

Please see chart for more details. I am expecting a further downwards pressure for the next days and weeks. This will help Axies prices normalize. This will be a great time to buy Axies since we are expecting an oversupply of Axies in the marketplace. Possible price targets are 0.2 usd and 0.15usd per SLP. Thanks!

DEFI-trader

As you can see on the chart, the fib extension 2.61 is around $2,500 per ETC. I believe this price will be the end of the Bull market. ETC was the last to peak during the wave 3, so the big question is wether ETC will be the last coin to peak or this time the order is different? Thank you

DEFI-trader

It seems we are near strong support area. The RSI just broke out the descending triangle which is a bullish sign, but we will have to wait for price action to confirm the bullishness and eventually start making higher highs. Overall, we are heavily oversold and we are most probably going to see a strong bounce from here in the short term. Personally, I am...

DEFI-trader

Going on LOG chart, we can find an ascending line. If we break and close below this line(below 300 sat), we may revisit the 150sat. In my opinion, DNT has the potential to shock everyone and I am a long term bull. Anything below 1usd is cheap, if you are looking for the next 5-10 years investment horizon. I will not sell anything below 20usd per coin. When it...

DEFI-trader

DNT just bounced from the yearly open, which indicates a strong bullish trend. We need to hold this level so we can establish a strong support area for the next bear market.

DEFI-trader

BTC is creating higher highs. I think, it is getting ready for a big move up. GET READY !

DEFI-trader

Hi crypto traders, Thought process: I calculated the time between the top and drop each time the price fell more than 15% during the previous cycle. The average time was 30 days. Similarly, I did the same but from the top to new ATH with average time of almost 100 days. Conclusions: 1. It is important to note that when the BTC price drops, it is only...

DEFI-trader

There is an Exponential Moving Average that pro traders use but usually retail traders are not aware of. This is the 34 weekly EMA (source:Low); this helps to define if we are in a bull or bear market. Instead of having your EMA at source:close, change it to Low. It shows the average low prices per week instead of the closing. In my opinion, the low price gives...

DEFI-trader

Hi crypto traders, BTC found support on the anchored VWAP of the wave 2 correction. No one talks about this line which makes me even more bullish. We seem to have completed an ABC correction (wave 4) with ending triangle pattern. BTC does what everyone is not expecting it to do. At this moment majority of the people are calling 20k-24k usd. I think we will see...

DEFI-trader

Hi crypto traders, ZIL has been a leading indicator for the market direction. We have just finished the C wave of the Wave 4. We are getting started with a new mega wave that may bring us more than 10x from here. This is a great time to accumulate ZIL or at least keep an eye on this coin for when the bull market may end. Cheers!