DEFI
DEXE AccumulationBroke out of the falling wedge. Check the enormous Volume. If this is not accumulation then I don't know what is. Re-test of the BUY ZONE 4.8-4.0 BUSD from above would be great opportunity to get in.
Like👍 & Enjoy📺!
$BAND/BTC 3D (Binance Spot) Big falling wedge near breakout Band Protocol is starting to show some reversal signs, next impulse should be enough to regain 50MA support!
Current Price= 0.0001362
Buy Entry= 0.0001368 - 0.0001164
Take Profit= 0.0002209 | 0.0003189 | 0.0004976
Stop Loss= 0.0000889
Risk/Reward= 1:2.5 | 1:5.1 | 1:9.84
Expected Profit= +74.49% | +151.90% | +293.05%
Possible Loss= -29.78%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 8 months
Website: bandprotocol.com
$RLC/BTC 2D (Binance Spot) Descending wedge breakoutiExec RLC just regained 100EMA support and looks good for bullish continuation from here.
That DeFi token is focused on Privacy and AiBigData, they are about to launch their own NFT marketplace, more info on iex.ec
Current Price= 0.00008212
Buy Entry= 0.00008234 - 0.00007392
Take Profit= 0.00011137 | 0.00015939 | 0.00020573
Stop Loss= 0.00006147
Risk/Reward= 1:2 | 1:4.88| 1:7.66
Expected Profit= +42.54% | +104.01% | +163.32%
Possible Loss= -21.32%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
$VIDT/USDT 1D (KuCoin) Descending wedge breakoutVIDT Datalink has regained 100EMA and is likely to continue bullish mid-term, let's enter on the dip to come.
Risk/Reward= 1:2 | 1:4.26 | 1:8.86
Expected Profit= +35.35% | +75.44% | +156.93%
Possible Loss= -17.71%
Fib. Retracement= 0.618 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months
Website: vidt-datalink.com
Contracts:
#ERC20 0xfeF4185594457050cC9c23980d301908FE057Bb1
#BEP20 0x3f515f0a8e93f2e2f891ceeb3db4e62e202d7110
#BEP2 VIDT-F53
⚡️⚡️ #VIDT/USDT 1D ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Current Price:
1.0401
Entry Zone:
0.9634 - 0.8626
Take-Profit Targets:
1) 1.2357
2) 1.6018
3) 2.3458
Stop Targets:
1) 0.7513
Are we headed to $12? Part 2Similar to the SUSHIUSD price chart. The SUSHIBTC price chart looks like is in a bull flag pattern. Assuming that SUSHI gets to the the top around mid January a $12 SUSHI and .0002267 SUSHIBTC would place BTC price at around $53k (Extended cycle? BTC oscillating around $50-$60k for the next few months?)
At the end of the day the main point of these charts are to identify a trend. For a while it looked like the SUSHIUSD chart was in some type of pennant which is why I believe us HODLers where shocked once it broke down. Assuming we are still in a bull market I think the high $4s-low $5s are a solid short term bottom. If the channel plays out look for the top of the channel to take some profits.
Are we headed back to $12? Part 1My bull case scenario for Sushi places us at the floor of a bull flag pattern. Assuming a continuation of the bull cycle I believe we could be headed back to $12ish in the next month or so. The measured move out of an upside break would place us around $34 with a potential move to the 1.618 fib at around $39.
I think it's also possible we head back down to the bottom of the channel at around $3.70. Depending on what the market looks like once we hit the top of this channel it may be good idea to take some profits then.
LUNALuna is about to do what it's going to do again. Daily / Hourly / 5 Min nearly all aligned. Back to $72 today
Binance: IOTX-BTC buy / long D1
Binance: IOTX-USDT buy / long D1.
Iota announced the development of Assembly and its accompanying ASMB token, aimed at accelerating the expansion of smart contracts across multiple domains, including decentralized resources (DeFi) and NFTs.
Assembly uses the existing architecture of the Iota network to act as a sovereign, interoperable bridge, reaping the benefits of scalability, strong security, and more.
The platform is fully compatible with the Ethereum Virtual Machine (EVM), as well as supporting the Solidity, Rust, Go and TypeScript smart contract languages, which are expected to be added in the near future.
In conversation with Cointelegraph, Dominik Schiener, co-founder and president of the Iota Foundation, said: “Assembly aligns with Iota’s overarching vision to create a decentralized, infrastructure-based ecosystem. of the project can provide a perfect environment for project construction.”
In October, the Iota Foundation launched beta smart contracts with EVM functionality to support scalability, interoperability, and significantly reduce transaction fees on the Iota network.
By adopting a community-centric governance model, Assembly is seeking to foster an environment for creators, developers, and community advocates to facilitate ecosystem expansion. from Iota to the Web3 and Metaverse domains.