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DEFI

$GAL/USDT 1h (#KuCoin) Descending channel breakoutProject Galaxy is the new Binance Launchpool and just regained 50MA support, looks ready for another leg-up! ⚡️⚡️ #GAL/USDT ⚡️⚡️ Exchanges: Binance, KuCoin Signal Type: Regular (Long) Current Price: 10.750 Entry Zone: 10.678 - 10.002 Take-Profit Targets: 1) 12.353 2) 14.375 3) 16.397 Stop Targets: 1) 8.582 Risk/Reward= 1:1.15 | 1:2.3 | 1:3.45 Expected Profit= +19.47% | +39.02% | +58.58% Possible Loss= -17.00% Fib. Retracement= 0.5 | 0.702 | 0.883 Margin Leverage= 1x Estimated Gain-time= 1 week Tags: #GALUSDT #Galaxy #Web3 #MVB #Oracle #Creation #DeFi #BSC Website: galaxy.eco Contracts: #ERC20 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875 #BEP20 0xe4Cc45Bb5DBDA06dB6183E8bf016569f40497Aa5
GLong
by TradingOn
ETH/USD Daily Neutral BearishETH/USD Daily TA neutral with a bearish bias. Recommended ratio: 35% ETH, 65% cash. Price is currently retesting $2684 minor support after being rejected by the uptrend line from 01/22/22 at ~$2900 as resistance. Volume remains moderately low and has favored sellers in two consecutive sessions, if bulls can't defend this minor support then three consecutive seller dominant days is likely. Parabolic SAR flips bullish at $2960. RSI is currently trending sideways at 55.31 just above 36.91 support. Stochastic is on day 2 of being bearish and is breaking down below 46.76 resistance after briefly breaking out above it; it is currently trending down at 29.77 with no signs of trough formation and the next support (minor) is at 17.81. MACD remains bearish after a failed attempt at a bullish crossover and is currently retesting -90.80 support. ADX is currently trending up slightly at 26 as Price continue to see selling pressure, this is bearish. If Price is able to defend support at $2684, then the next likely target is a retest of $3000 resistance (which would also be the largest supply zone). However, if Price breaks down here, then it will likely retest $2544 support before potentially retesting $2408 minor support. Mental Stop Loss: (two consecutive closes above) $3000.
COINBASE:ETHUSD
by dailytaguy
Defi is forming a triple bottom⁉️💎In one of our last Defi analyses we have shown the formation of the double bottom. After the price bounced off the 8500 resistance area for the second time, we can witness a potential formation of a triple bottom. 💎The critical support lies at 5590, which is confirmed by the 88.6% Fibonacci retracement level. As of yet, Defi respected the support while trading at the bottom of the 5590 - 8770 range. This might be the beginning of a new cycle, based on the previous market waves. 💎We must start to see is ...
FTX:DEFIPERP
by CryptoPAMM
#HEX vs #BTC consolidation nearing completionRegular followers know I've been observing this consolidation period for a long time. And have noted the remarkable similarity, a fractal if you will. Which makes sense as HEX was designed to be a better #Bitcoin i.e a store of value and addressed the shortcoining of the BTc protocol design (like many other coins before it) where holders get coin inflation to maintain strength of the price and network. Yet unlike most altcoins beyond an initial pump a sustainable growth vehicle. True Hodler of last resort network and protocol. (beware of extreme volatilty during the coming pulsechain lunch - a run to 25 cents is likely , there may even be a post fork dump, almost inevitable give the strong recent price action)
HLong
by BallaJi