Long Shadow TokenTraders,
Until BTC gives us something more definitive, I'll be cautious on the long side. Conviction from the market may not occur until after the having, but, as always, we'll be watching the charts for a head start. That being said, there are a few altcoins that I believe are especially attractive right now. One such token is SHDW, a L2 Solana-based token. Recently, Coinbase announce this token listing on the roadmap. This gave SHDW a boost from 1.40 all the way up to 2.90. I am also a long-term hodl'er on this little gem and sold some of my hodl'ings up around 2.60 or so for I beautiful gain. I have since re-entered and along with that re-entry, think it's worth adding to our trade portfolio. Soon (though the date is unknown) it will be listed on Coinbase as well as other major exchanges. And when that happens ...moonshot. TBH, my target of 2.90 is probably rather conservative because once this thing is listed, it will fly. However, true to good trading practices, I will be taking at least some profits at that double-top 2.90 area. I will probably then let the remainder ride, trailing my stops as we go.
To purchase this token, I have connected my wallet on the Jupiter exchange (jup.io). There are a number of wallets that can be utilized but both Metamask and Phantom are also accepted.
Entry - 1.83
Targets - 2.00 and 2.90
SL - 1.29
RRR - 2
Best,
Stew
DEFI
GFT USDT bullish wave if btc stops to rug the market GFT looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
You can buy yellow area according to demand > trading volume > hence previous Price Action.
HEX v BTC follow up chart --- inv hunt Volatility funnelWe saw some wild price action even in the past two days on the HexUsd chart
with a wick down to $0.003791
This is not Good obviously
I post not to cause panic
and with as much neutrality as possible
given the fact I know Hexicans sitting in heavy losses.
The usd chart has a bear flag that has already broken to the down side
pointing towards $0.001745
If BTC was to move higher in the opposite direction
We can see this idea reaching it's target
a further -70% loss against Satoshi's coin.
@TheCryptoSniper
Linear Finance #LINA readying itself for the bull marketBeen talking about the General Altseason for a while now
It's been teasing us for some time
As the chart of Linear clearly shows
1 year of death
2 years of sideways
is the price you pay for 1 year of up , with most of the gains arriving in the final thrust
where you will not be wanting to sell lol
Crypto is a cruel mistress.
So LINA i believe is close to breaking out
DEFI cycle two narrative
and a cycle two coin
gains can be had but obviously keep your expectations muted .. it's more for bag holders being given a chance to get out than wild upside
Let's explore the mathematical possibilities -YFI- $120.000.000Imagine this: YFI blasting off to an unparalleled all-time high, launching from a mere 95K and skyrocketing by an astounding 1267%, reminiscent of its previous surge, ultimately reaching an astonishing total value of $120,000,000.
At present, it may seem entirely ludicrous, but who's to say it won't become reality one day? Predictions remain uncertain, yet the math often unveils unexpected outcomes.
Reflecting on Bitcoin's initial five years, the performance of YFI we've witnessed cannot be ignored. I'm certainly stacking up as much as I can—if the math proves right, this 8k YFI could be a golden opportunity!
"May your code be flawless, your projects revolutionary, and your gains astronomical! 🙌🔥 #CryptoGod"
FRAX Share sitting on bear basement .886 retracement zoneIn a good spot for a recovery play
This is a linear/regular chart
Which I don't often show
but what mainstream TA guys look at
FRAX is DEFI
DEFI is not sexy right now
But it is a key part of the Ethereum use case as that chain has more TVL than any other
and real world assets are most likely to be stored on ETH
stablecoins. tokenised treasuries, tokensied gold/silver, real estate etc.
Where does that leave FRAX pick your retracement level .. they surely will hit
New high's are possible but I have a feeling it would require ETH above 8,000
BADGER DAI Inverse Head & ShouldersIooong bottoming action almost 2 years
poor guys who HODL'd through all that.
When new capital
That has been made with other coins can come in now and take advantage.
This crypto game (speculation game is tough)
But we must soldier on!
Anyway I can see the LoG target being made at some point this year.
#ALTCOIN spring is nearly HERE
Chill out with a deal on bear meat!It appears that the bear meat discount season has kicked off, and the market seems to be thriving. Despite a few minor resistances, YFI appears quite bullish. I've set the minimum target at $49,000 and the maximum for 2024 at $95,000. If Bitcoin reaches a new all-time high, we might anticipate some significant upward trends in the DeFi space though.
memories of a bull market in Metaverse tokens .... #SAND has a inverted head & shoulders in the works
That has some nice targets
SEcond cycle
so it in most likelihood it falls short of the previous high as is customary for altcoins
but the previous cycle's action is enough to attract speculative capital into these type of coins
to ride a memory pump
there you go.
#GAMEFI is a winning Crypto category along with #AI & #MEMESTherefore will produce the best returns
(along with #DEFI again)
To simplify investing
how do we take advantage of #CZ being forced to step down, fined, publicly flogged
His crime running the best crypto business in history.
Invest in a #BSC project that could 10X in rapid fashion
Got the best ticker
on CZ's public blockchain
and can be bought with a DEX on pancakeswap
***** I just found this , and I am ignoring the rapid price runup
this is not the time to be looking for DEEP pullbacks
PANCAKESWAP #CAKE Bull Flag pointing to ~ $7Cake is the yield farming incentive token and major LP pair on Pancakeswap
And was a major winner in the last cycle
People were buying Rolex's off cake rewards from pools alone!
So it's bear market is clearly over.
And the chart appears a #DEFI season is upon us.
Current price action suggests a Bull flag.
Entry points matter - but bull markets correct mistakes if you are long.
Good luck to all.
BITCOIN BTC MARCH 13teenth 2024A quick view on the BTC chart going forward with added lines to view some ranges for price and possible future breaks or lops; 77777 looks like the price target to beat and break through based on this conjecture as taken from the 'Lark' on the tree branch and expanded using fueled theory by late. The Ideas of March.
Allianceblock god candle loading?Nexera time?
After the migration to the new token, OTC:NXRA , the project is overdue a large explosion.
The price has been ranging and once 15-15.5c is broken and held, the sky is the limit.
It is hard to predict how far this token can go, but with a Market Cap Validation of under 115M USD, it has a lot of upside potential. We must not forget that NASDAQ:ALBT tokens were once going for over 1.5$, and after the migration the projects tokenomics vastly improved.
AllianceBlock are revolutionising DEFI and bring RWA to fruition. Send it sir.
#HEX vs #ETH one crazy S/R Line A great study of a Key level / ratio
Key levels on charts are where significant price action occurs over the course of time.
For the HEXETH chart 0.000002 has proven one of the most interesting and pivotal for sure.
If we had of broken down these past 5/6 months
Then it could be argued it would be signalling an abandonment of this project ( at the least on the ethereum side)
but the continual support and wick action indicated footsteps of big players coming and seeing it as a value zone.
This could be a nice spring for this ratio going forward. With a W formation also appearing to be forming.
Best of luck in your speculations.
A tasty entry point for the Compound cryptocurrency!📂 NYSE:COMP #Compound (COMP/USDT) (March 12, 2024) (#COMP, #Spot)
Compound (COMP) — stands out in the decentralized finance (DeFi) landscape as a pioneering protocol built on the Ethereum blockchain, enabling users to lend and borrow a variety of cryptocurrencies.
▫️ What sets Compound apart is its innovative approach to interest rates, which are algorithmically determined based on the supply and demand dynamics of the market. This feature ensures that users can earn competitive interest on deposits and borrow against their crypto assets efficiently.
▫️ Furthermore, Compound's open-source nature allows developers to seamlessly integrate and build upon its platform, enhancing its utility and accessibility. Its permissionless system, which requires no KYC procedures, opens the door for a broad spectrum of users, from individuals to institutional investors, making Compound a key player in the DeFi sector.
🕵️ Investors (Tier 1,2):
Bain Capital, Paradigm, Polychain Capital, a16z (Andreessen Horowitz), Coinbase Ventures
🟢 Entry price: $87.77
🟢 Take Profit 1: $175.54 (50%)
🟢 Take Profit 2: $360.00 (10%)
🟢 Take Profit 2: $490.00 (10%)
🟢 Take Profit 2: $640.00 (10%)
🟢 Take Profit 2: $740.00 (10%)
🟢 Take Profit 2: $790.00 (10%)
#YFI/BTC 1W (Binance) Descending wedge breakout and retestYearn Finance has been down-trending for years in sats but is sitting on historical demand zone once again.
It has recently printed a bullish hammer on weekly, a decent bounce towards 100EMA resistance would make sense.
⚡️⚡️ #YFI/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 3.0%
Current Price:
0.1437
Entry Targets:
1) 0.1432
Take-Profit Targets:
1) 0.2879
Stop Targets:
1) 0.0949
Published By: @Zblaba
CRYPTOCAP:YFI BINANCE:YFIBTC #YearnFinance #DeFi yearn.fi
Risk/Reward= 1:3.0
Expected Profit= +101.0%
Possible Loss= -33.7%
Estimated Gaintime= 3-6 months
Long Orca to 8.73Traders,
I’ve been at work testing some new indicators lately and they have been working very well so far. I want to give them a true test in predicting a pullback, but so far, they haven’t had that chance. Anyways, right now, they are all flashing green on ORCA. And it makes sense too. We’ve cracked the top of that down-trending channel, signaling that an upward break is coming soon. Additionally, we have very solid support on the underside of price. Finally, look at that beautiful bull flag that has formed. We are on the precipice of upward trajectory here. I’ve entered at 4.64 with a final target of 8.73, a SL of 3.61, and a RRR of 4.3. See you on the moon.
Stew
5 cents eHEX by April ?The inverse that we were watching has formed.
We are awaiting the breakout through the neckline.
Could we see a fast ramp up to 5 cents to meet the down-trendline from the top?
Very possible.
#Bitboy is now actively engaging the HEX & Pulsechain community.
Quite big news obviously... as he climbs his way back to being one of the largest influencers in the space. He has decided to team up with one of the largest communities to synergistically achieve his goals.
Lido Finance ($LDO) Staking Hits $38.7 BillionThe decentralized finance (DeFi) ecosystem is experiencing a renaissance, marked by a monumental achievement: a total value locked (TVL) surpassing $100 billion, spearheaded by Lido Finance ( MIL:LDO ) staking hitting $38.7 billion. Amidst rising Bitcoin interest and crypto market optimism, this milestone signals a significant comeback for DeFi, albeit still below its previous all-time high.
The DeFi TVL Surge:
DefiLlama's latest data reveal a global DeFi TVL of $100.1 billion, showcasing a resurgence after nearly two years. Lido's liquid staking protocol emerges as the frontrunner, with $38.7 billion locked on-chain, highlighting its dominance within the DeFi landscape. Other players like EigenLayer and AAVE also contribute substantially to the overall value, underscoring the sector's diversification and growth.
Influence of Key Factors:
The resurgence in DeFi is attributed to various factors, including the introduction of spot Bitcoin ETFs, driving market optimism and institutional demand. Bitcoin's recent surge to new all-time highs, breaching $70,000, further fuels capital flow into DeFi protocols. Concurrently, crypto exchanges witness increased activity, showcasing expanding interest and involvement in the cryptocurrency market.
Impact on the Crypto Ecosystem:
The DeFi sector's resurgence mirrors the broader revival of the cryptocurrency market. The memecoin boom, inspired by Bitcoin's gains, reflects changing investor sentiment and the speculative nature of the industry. While hurdles persist in surpassing the previous TVL record, the sector's momentum indicates continuous innovation and expansion, attracting more users and capital.
Looking Ahead:
The recovery and growth of the DeFi sector are not only pivotal for its proponents but also for the entire cryptocurrency market. They underscore the attractiveness and potential of decentralized financial services, shaping the future landscape of finance.
Conclusion:
As DeFi reaches new heights, led by Lido Finance and a burgeoning TVL, the sector's resilience and innovation come to the fore. With optimism abound and institutional interest on the rise, the DeFi resurgence signifies a transformative era in finance, heralding a decentralized future for global markets.