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DEFI

Long term health of DEFI in a critical moment - VWAP versionAnchored 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 price decline. Same way goes for when price is below VWAP line, majority of traders are in a loss, which show the bearish momentum as people are trying to exit on each pull-back and get their money back. However, when sellers are exhauster we can see a bottom and change of trend. Right now, traders are almost at break-even. The million dollar question is : Are traders going to take advantage of the low price to buy at discounted prices and break this resistance at 1,900 usd OR sell, get their money back and buy again later on? There is a big support level at 1,110 usd in case bears take control. Follow for more Updates.
by DEFI-trader
2
CAKEUSDT, Finally we made it Hello everybody Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ?? If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star. According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach. Good Luck Abtin
Long
by Abtin00
DYDXUSDT, Did you bought ???Hello guys I hope you re in profit in these days of market, the condition of market is not stable and we should conscious and becareful about our capital. Do you know about DYDX ?? Do you know why is the first and most poweful exchange on defi base ? Do you know anything about Zk-Rollups ?? If you wanna learn Fundamental & Technical analysis you can send us messages in private ---> Our id is in profile According to the chart and our serial previous analysis of DYDX : Both of our buy zone area activated and now because of the consolidation the price in support zone area that rise the expectation that the price can rise up to test resistance zone trendline . We shown sensitive zone that can drop the price if the price can break this level successfully the price can reach to the new target that we try to update that very soon. If you have any question send us messages in private Good Luck Abtin Previous analysis :
Long
by Abtin00
2
BTC Final Rejection Before Moon Mission!?Bitcoin has been struggling to pass the white diagonal trendline shown since November 2021. With BTC getting rejected multiple times, it's been moving lower and lower and now it's at what's arguably the most important support zone. With that being said, this zone is the perfect area for the bulls to come in and push the price through the trendline shown. Once this breaks, as I've mentioned before, We can expect a massive run-up. It might fall back down to retest the trendline before the run truly begins. Let's keep an eye on the white trendline over the next few days. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
BITFINEX:BTCUSD
by rnaofs
Bitcoin Crash and Correction NOWBitcoin hits the Trendchannel exactly again like 2 Times ago in this Bearmarket. There was after every test a -23% correction. It´s really possible because of the Fed´s Money policy (Tapering and a higher main interest) that there´s comming until march another correction. The patterns which are Rising Wedges are also exactly the same like the two times ago. Another indicator is the Volume . If you look at the volume from the two corrections before, you can see that its the same like today. If Bitcoin crashes -23% again it tests perfectly the red marked BIG and Strong Support zone which is 29.000. Bitcoin Its nice that all these bad things are happening in the beginning of 2022 because then there are nearly no bad news at the next Bullrun which is gonna be insane. Illiquid Shock Ratio: Rising Open Interest: Rising Support Level: 28.800 USD Absolute Support Level: 20000 USD (200 Daily MA) Short until 29.000 USD Long Term: REALLY Bullish and accummulating Short Term: Bearish THE FUTURE IS GOING TO BE INSANE!
FTX:BTCUSDLong
by TradingHeroBoss
Why you should have this cryptocurrency todayThe current market cycle is focused only focused in one thing and that is: who will be the better Ethereum? This has sprung dozens of worthy contestants each with their own rightly claim to the throne. Sell pickaxes to miners instead of trying to find gold yourself. Between all these different chains there is one occurring problem that all of them face: inoperability. Every single of these blockchains is its little own isolated planet with no way of reaching more resources. If you want to move to one of these blockchains you will need a bridge. This is where Multichain (previously Anyswap) comes in. This concept isn't new or even original. Even caveman could make simple stick bridges but that doesn't mean they were going to last years on end. Multichain currently offers the biggest blockchain catalog, liquidity and even backing by Binance and other venture capital firms, and when push comes to shove this should reassure you at least a bit that everything will be make in order to assure safety to the costumer since they will charge a fee instead of you being a guinea pig for someone's failed decentralization scam.  These projects are designed to be profitable to the investors while solving a critical piece of annoyance to users and they are willing to pay for that. In Multichain's case anyone can own a piece of governance of the protocol and that exposes the ones that buy the token to benefit from the ever increased usecase while riding this crypto Game of Thrones over what blockchain will be the next crypto goliath. What if I told you I already know who wins?
ALong
by doomsignal
$looksrare not just a flash in the pan #opensea competitor #NFTFor much of 2021 OpenSea was the market leader in the nascent NFT space…trading volume in several sought after projects serve to ensure that the revenue generated as well as venture capital interest increase. Most recent reports points to a 300.0M raise pushing value to $13.0B +/- one wonders why the need to raise cash if you are sitting on a cash machine. But that is the story for another time. Yet while the good times roll…OpenSea committed the #1 faux pas…failing to provide a support base for its stake holders. see review on substack
FTX:LOOKSUSDLong
by TwoBULLISH
SUSHIUSD at $5-7 and $65-120 Myth or Reality ?Today, a review on the trading pair SUSHIUSDT It's been a long time since we looked and analyzed the possible scenarios of the SUSHI price movement. We don't know about you, but we think that the chart shows that another correction impulse down is about to happen. The best-case scenario is that the buyers will stop the fall of the SUSHIUSD at $7.30-$7.5 0 and a possible global rally to $65-67 from there. In the worst case , the fall will be with a renewal of the minimum in the area of $5. Of course, in that case consolidation on bottom will be delayed for a longer period of time, but the global target will grow to the area of $100-120. Or maybe we don't know something about Sushiswap project and its token SUSHI will have phenomenal growth from the current prices? Let's share our opinions in comments _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
73
Are the stable coins paving the way to the moon for BTC?Previously I made an observation that the #BTC price has been trading around the same levels since early 2021, while the stablecoins market cap has seen an increase from 50 to around 170 billion. This is money already in the space that's ready to engage. If you study the BTC to USDT correlation, you will find that when new USDT is minted, Bitcoin price moves to the upside. We also had a single event of 2018 when a big portion of the USDT supply was burned that was literally days before the final capitulation to 3,200$. A clever observation was done while discussing the topic that a big portion of the newly minted stable coins are actually locked in DeFi and not necessarily waiting to stack sats. So I decided to check what the data. Due to limitations, I will just post the raw data: Market Cap: USDT:78.66 billion Locked:18.9 billion, 23% USDC:48.23 billion Locked: 9.7 billion, 41% BUSD:14.16 billion Locked: 0.2 billion, 1.4% DAI:9.3 billion Locked: 4.9 billion, 52.6% UST:11.2 billion Locked: 5.6 billion, ~50% StableCoins count locked in smart contracts is 39.3/160-170 billion or ~ 23.8 %. Meaning, we still have around 125 billion of #stablecoins, which by itself is way more than the 50 billion in Jan 2021, while price remained the same. That's a divergence I find this to be incredibly bullish because of the tight correlation of Bitcoin price and stable coins. Of, course, confluence with other data is always a plus. Don't trust me blindly. Follow me on twitter for more frequent updates.
BITSTAMP:BTCUSDLong
by FiveMillionMax
6
BNB Binance Coin to Lose its 3X Hype Gains. 58% Drop Expected.BINANCE:BNBBTC has gained a lot of attention and hype in March 2021 that contributed to its 3x rise in two months from 4k Satoshi in March to 12k Satoshi in May. The hype was based on Binance entering the DeFi space and announcing its staking returns. At the time, The Binance exchange announced up to 27.49% APY return for staking the BNB token. Currently, the highest APY for BNB according to Binance is 8.69%. Users' interest in gaining annual yield reveals itself to be a delusion to many when they see the gain on capital in the negative 30% territory. Less and less BNB coins are being staked ever the initial announcement in March 2021. There is no more reason to hold BNB. On the other hand, DeFi has also been losing traction as indicated by the price of many DeFi tokens such as AAVE losing 74% of its value vs BTC (even more vs USD). Therefore, it is time for BNB to give back those hype-propelled gains and go back to 4k Satoshi. The first step is breaking the 10k Satoshi support. We are currently sitting at that line. I have drawn a descending triangle there, but it is not confirmed because it needs a third touch on its upper side. My conservative scenario is that we remain within the triangle for 6 more weeks. My bearish scenario is that, if we don't break the 10k Satoshi support right now, we see a weak bounce up to 10.5k Satoshi before dropping to break 10k Satoshi. The first target is 7.7k Satoshi. Follow me to get updates on this trade as it unfolds. I am making this bearish prediction on BNB even though I am biased towards BNB because of its impressive performance in the previous Bitcoin bear market in 2018 to 2020. But I would be happy to get a buying opportunity at 4k Satoshi, and I believe we will reach there.
Short
by TechNerdOmar