Hold the line ZilliqaLevels respected to the absolute dot. Be patient and let it build a base near all time highs before it explodes higher.
DEFIPERP
🚀This Time Is DifferentThe post-traumatic stress caused by the great Bear Market of 2018 may be still vivid in crypto investors' minds.
The fear of buying the top is so intense for many traders that they see every dip around a new all-time high with great prudence. That is not a bad thing per-se. Risk management is one of the main pillars of trading. Taking profits from time to time helps to balance the overall risk of the portfolio, and, in some cases, it makes a lot of sense.
A few weeks ago, we called for a period of uncertainty, and it actually led to a broad market correction. Bitcoin keeps struggling with breaking the $60,000 level, and it may take a while before we see a clear breakout. Meanwhile, Altcoins show resilience on each dip, proving that the demand is still there.
Binance calculates a DeFi index using ten large-cap coins, and its chart looks undoubtedly bullish. The index is consolidating above an inverse head & shoulder right below the all-time high. As long as the red horizontal level holds, the chances are that the market experiences a new strong leg up at any time. From the macro point of view, the crypto market looks as solid as it ever has been.
In 2017, the only blockchain with real use was Ethereum. And it was used mainly to pour money into ICOs with no working products. Today, everything is different as billions worth of transactions daily provide real utility for those using decentralized protocols. Liquidity providers, oracles, exchanges, lending, NFTs can still add fuel to this Bull Market.
DEFI , next bull run about to startsometimes one line is enough, daily consolidation is done and right now we are retesting it , also rsi bearish trendline broke , if daily candles manage to hold then we will see the next bull run
dont forget to choose strongest fa tokens
Update on COMPBTCApril is setting up to be very bullish for COMP.
We are still in accumulation range, but I think ETH bullishness will carry defi hard next month.
LINA Looks StrongLINA (Linear Finance) have great future. They're building a great product/platform and their token price has grown massively in just a few months .
I think it would have a great future with a super bullish perspective.
Waiting to see what happens.
RVN up only, 1 USD targetTargets and invalidation in chart
Super turbo mode.
Triggers:
EIP1559 to get voted in June, expectation to a switch from ETH's miners to RVN's > increase in hash power > increase in security > increase in price
Reversal in RVNBTC pair, PD in RVNUSDT pair, PERPs listed.
Nice development from the team
USD's ATH breakout and following price discovery
6B mktcap soon, 10B next
I don't think it will go straight to the point, but I guess we will see it reaching 1$ sooner or later.
Wanna Buy some Defi coins? Watch this!Just saw this crazy chart!
"DEFI-PERP tracks the price of a basket of Decentralized Finance coins, using a weighed average of the prices of KNC, MKR , ZRX, REN, REP, SNX , COMP, TOMO , RUNE, CRV , DOT, LINK, MTA , SOL, CREAM, BAND, SRM , SUSHI, SWRV, AVAX, YFI , UNI , WNXM, AAVE, BAL. Get exposure to 25 different coins with one future!"
This chart actually indicates the price movement of Defi Coins. This can be very useful if you want to buy Defi coins.
As we can see on the chart, the weighed average of the prices of 25 defi coins has been forming a bigger symmetrical triangle. We should watch for a break to the upside. that will be a good time to buy DEFI Coins.
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
DEFI Going for new all time high. (Don't miss)I see a mega $DEFI Wave coming.
Have #DeFi Coins in your portfolio such as $YFI $SUSHI $CRV $YFII $SNX and more
Parabolic move ahead for Defi coin don't miss out the run
Flamingo DEFI on the NEO network is about to explodeFlamingo DEFI ($FLM) has only been up 350% as an ATH since its low based on www.coingecko.com
Most solid DEFI coins like LINK, CURVE, LUNA, SUSHI and others have risen over 10,000% so $FLM has so much more room to grow.
It is currently attempting to break a major resistance which has crossed it a few times in the past few days and is about to follow the rest of the ALT boom and especially the DEFI boom.
Another main coin that has not done its true upward move is NEO!
NEO has reached an ATH of $200 in the 2017/2018 Crypto hype and it is now trading less than $50!
FLM runs on the NEO network and NEO has recently done a major Testnet upgrade: coinmarketcap.com
This chart shows that FLM is about to explode way above $2.00 :
High percentage play for $DEFIPERP on FTX.DEFIPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
1inch reversal?Risky play but Good risk-reward here
Holding support. Safer entry if you wait for the breakout.
Entry: 0.000071
Stop loss: 0.000064 (-10%)
Fingers crossed 1inch might become 10inches soon
DeFi Index Perpetual FuturesLooks like a wave 5 .
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Defi Index up onlyIf 12080 can turn support after brief pit stop, I think momentum can continue to carry this onwards. Hard to see anything but only up for the defi index anyway. Until the SEC comes along that is but, yolo.
DEFI Index - bullish continuationDeFi has been the hot topic of this bull run but in the past days as the market tanked DeFi followed showing that it is still deeply connected to the trend set by BTC. As most of the other assets it also shows potential to continue its upward run in the next days, the upward trend started in January hasn't been broken and the index seem to fluctuate mostly in the range between 2300 and 1880, as was doing before its peak. this phase can be seen as a consolidation phase after which it could once again challenge the resistance at 2600, if this attempt is going to be successful will be highly dependent on the moves of BTC that still have to lead the charge. Looking at the volume is evident how after a huge sell off it underwent a steep decrease possibly highlighting uncertainty in the traders.
WING is next - Altseason 2021Like we all know, DEFI is the most bullish section of crypto alt coins.
Here is an un pumped coin that as only 22M market cap.
We see clearly the parabola coming.
I give it 2 weeks to double up.
DEFI Composite ParraBullahLooking for resistance and Targets at 2.618 (2520)
Potential long term Macro Top target at 3.414 & 6.584 structure meeting point (3180)
DeFi Index parabolic blow off topCould this be the DeFi Index parabolic blow off top
We are obviously in a DeFi bubble, and we have a very high chance of topping out right here right now.
The formation and the volume fit every definition of a blow off top pattern.
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