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LENDUSDT - Hello Darkness my Old LEND?LEND was an early DeFi protocol which seemed somewhat overshadowed by YFI 's collective tokens rising to unheard of heights in a matter of months. Still, early adopters of LEND enjoyed over %1500 profit from it's listing on Binance to it's ATH. Since then, LEND has dipped, attempted to rise again, failed, and then dipped horribly. What does the 4H chart say for the future of LEND ? In Heikin Ashi ! Because why not? First, I have to note, I'm not sure why LEND didn't get the same level of insane pump the YFI tokens did. There almost seemed to be some form of artificial price suppression taking place at the higher levels. I haven't read into external factors to know if there's something specific causing this, but the gains just seem lackluster when compared to the DeFi boom. Currently, the price is sitting in what was previously a very strong support level, circled in red. We can see on the chart the last time it was here it didn't linger. Now it sits. At this moment on the Heikin Ashi we're seeing the first green tick in two days, this can change as it's 4H chart and just opening the candle and up until now it has been a clear down trend. Price just passed below EMA 200 , Traditionally a strong pullback point for lend. Historical pullbacks below this level are circled in green. We did just get a pull back from below this level days ago, as well as one just before that; so the bulls may be faltering and needing a serious reload to keep up with the down pressure. MACD is bad. No two ways about it. Slight signs of moving in the direction of a cross, but it looks to be a good ways off and the deviation is significant. Stoch is on the uptick at least. Though not much of a signal with the other bearish signs. BUYING IN? This is likely a wait for it to pump a bit and short if you're unlucky enough to still be hodling and didn't short before. Big support was broken recently and if we see a breakdown the downs will be big. I'd aim for .28 or below to close the short. If you absolutely need to take a long position, you might be able to squeak out a 13% TP around at .55 if the market can muster a bounce to .236 fib. LEND does have a history of bouncing from these lows to .5 fib, which would be around .67 cents. If the market rebounds across the board tomorrow and sustains it for a day I could see this. I do not have much faith in this happening. External factors don't look good. Bottom line... I am not buying this right now. DeFi token bubble at least, may be bursting. Young charts are tricky beasts sometimes. Best to keep them in the wild rather than get bit. I'm a simple guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. Feedback, criticism and crude humor are welcome :)
LShort
by cryptosince1963
4
LINK - A brief analysisQuick one this morning. "Sometimes good things fall apart so better things can fall together." - Marilyn Monroe LINK was once a monster, with questionable merit granted, but the numbers don't lie. Since it's peak we've seen steady declines. Historical support was just smashed through the other day. I'm predicting further declines. LINK tends to trade on fib levels, the ole' self fulfilling prophecy, so below $8 I'd start eyeing the buying. We're also seeing a pretty steep downward channel being formed. Breaking out of this around the buy level would be my trigger to make a move. BUYING IN? Not right now. Clear downward channel and not enough signs of a strong reversal. Recent historical support broken and like it's fib levels so this is probably just a stop on the overall drop today. When I do buy, I'd be aiming around 12.25 & $16.75 for TP points. Though I don't expect miracles here: LINK has come back to earth with a thud and I would be surprised if it didn't scare a lot of the more sensitive folk off. Good luck, be safe, and have a great day.
by cryptosince1963
11
#DECENTR this can double your money in few days ..10x in 3monthsYou can double your money in few days.. Recover the losses from this BTC/Alcoins dip. This coin in Poloniex DECUSDT (#decentr) Very nice days coming for this coin, very good project: - only 61 mil coins now ...possible #dec staking is announced & a massive amount of 61m circ supply is locked away. - possible Binance listing, is not yet tradet on any big exchange - Q1 2021 mainnet ( the team si ahead of schedule already) ... until end 2020 possible over 1$ ...that's like 8-10x from now (1.38$) 1. By TA side we are about to cross bullish MACD on 4H chart 2. We are @ support area, maybe we will test one more time (if BTC goes to 9600) and then up we go 3. We are @ fib 0.786 from previous high Take a look @ this guy... From him I discover this coin... twitter.com We can test in next days resistance area @ 0.26 that's like 2x your money without any leverage Just search #decentr on twitter to find out what people say about this project. Cheers!!
DLong
by looky83
4
Example of Volatility Futures Dictating the Market, AgainCurious why there's a hold-up? It's S&P volatility, once again. It is weird though; don't see much "volatility" at all. What I have seen many times throughout this rally is that VX futures hold back the market from moving, and it is both strange and boring to watch. Seems Fibonacci exists everywhere, especially in the Vix-ish domain. The idea that the cross between laughably random EMAs may seem like a joke, but it is not. TradingView does not have hourly calculations, but this is close enough. Investing.com has precise measures, so you can watch the world's most boring show there if you are uncertain about where the market is heading. Just going to wait for the crossover before celebrating because I have seen this story drag on unnecessarily long too many times. CBOE:VIX SPCFD:SPX
CBOE:VX1!Short
by UnknownUnicorn5511258
4
One of history greatest rektageTravelling back in time to the 19th century, the time of railroad bubbles. Back then the corrupt government would make laws that prevented legitimate capitalists from fairly competing and trying to provide the greatest benefit to society, to instead let friends of theirs have a monopoly and charge honest citizen whatever they wanted to. (I will make a separate idea on this later maybe tomorrow). In 1857 he ended in a fight to gain control of the New York and Harlem Railroad, one of the only two lines with direct access to Manhattan and had some unique advantages. He later explained that he wanted to show that he could take this railroad, which was generally considered worthless, and make it valuable. Can you guess what happens next? And this is how corrupt council members and crony capitalists got rekt beyond belief. I assume Cornelius Vanderbilt had a personal army as security, to prevent him from hanging himself.
TVC:DJIEducation
by MrRenev
8
DENIED But still bullish! - Bitcoin BeatsHello, Hello, Hello, And welcome back, to Bitcoin Beats. Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here". So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500. Thanks and Goodbye, From Bitcoin Beats
BITMEX:BTCUSD.PLong
by Hamilton_Gilpin
#BITCOIN has broken the TRENDLINE. #BTC $BTCBitcoin has broken the TRENDLINE today that we have since the beginning of the run up. I think over the comming month we can see a correction to the boxes below. Targets are: $8500 & $7400 : In this range we have CME gaps that needs to fill. If the gaps are filled is there a possibility that we can see slowly grind up again. Also a box for a retest of previous tops and downs. Or we are on a way to test lower. DONT FORGET. Halvening minus 300 days away. Be happy that Bitcoin is getting cheaper. In the future you are not getting this chances to get so cheap BTC!!! Another target $6200 & $5800: This region is a way way back. That is for sure. But its not bad to retest that region because we are pumped through it with no test back. It will also be very great for alts that bitcoin needs to cooldown. ALTS up for grinding new money and them BOOM fresh money for buying BITCOIN. So be positive about dumps guys. EVERY SATOSHI is a investment for the future that can make you RICH ( or not :P ) Goodluck! This idea wil be up to date
BITMEX:BTCUSD.PShort
by Mikki0416