DEX
2/3 IMO 3 overlooked #crypto gems $MDX$MDX = #DEX #DEFI
Made $ held 2/3 position was looking to buy back in mid 7's but was busy this weekend
MAY buy low 8's if possible
👀@ BUYS 1 RED volume day
Can easily 2-3x IMO
You can get on their exchange for less than others
Very interesting #DEX
CEX Failure in the News, DyDx DEX into the portfolioTLDR: Fully a chart play entry and target setting. Sometimes it is just that easy to get a 17 RRR.
CEXs have been a major problem in cryptos history for price stability due to various reasons. One thing that has become apparent is their financial management of your funds cannot be certain and the case is very clear that if you think you are in a bear market keeping your funds on an exchange is extraordinarily risky. Especially if the exchange is being run by some young whipper snapper.
I have looked at going long on DYDX in the past and got stopped out of my position due to not wanting to hold a bag too long in a bear market and deal with the potential 80% draw downs.
The main chart has a lot of detail on it so I won't be repetitive here. Safe to say I can see price coming of this triangle very impulsively and I don't want to be chasing in. This move is going to be long enough that I do see a chance to add to my position and maybe even lever up.
Below is a chart on ETH for the last bear market and a target of the 2 fib level based off the ascending triangle draw. I am using it as an example to my self of how to sagely add to a position by using the parabolic SAR and ADX. I hope to add to pull backs with buy stops and relatively tight stops losses. When the Parabolic SAR is snugging up to the price action and the D- is above the D+ I hope to se limited downside on my adds. If this market doesn't impulse to target like I expect then I will probably do some capital destruction by adding to my position in this manner. Buy based off of the triangle formation I do expect a very impulsive 2-3 months.
I went into my position some 20% ago x4 and so far am quite pleased. I have almost a 18 RRR. I am going to hold onto my current stop loss until price breaks out of the orange triangle then I will look to a profitable stop loss.
There are some coins that I don't think have bottomed out just yet so just because I have gone long on DyDx does not mean I am going to be long everything. I still have some dips I am looking to buy.
Airswap structure intact. Beginning of price mark up phase#Custodial-exchanges have taken an irreparable blow in the latest #ftx bank-run.
The answer is peer-to-peer decentralised exchanges that run directly from personal wallets.
#Airswap has finished it's accumulation phase and will now enter it's price mark up phase. This is most evident in the weekly RSI.
I use the RSI to find "outliers" and the RSI averave to identify the trend while the 50 point mark or meridian acts as a barrier.
In the last two years through accumulation AST investors have taken the available supply at these low levels.
Zooming in closer to this week's RSI outlier we can see that it failed to go below the 50 point mark while the trend and structure remain intact.
I expect the mark up phase to take place from now until May 2023 with a double top forming around September of 2023.
Personally I am patientiently awaiting an integration with #Celer's Instant messaging protocol which will give us more options with-in the airswap protocol.
My main price target for AST is $15 USD.
Delaware Enhanced Globally ready for an impulse down. DEX We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Strongest support for the internet of blockchainsBlocknet has had its final support between 4k and 6k in 2015, 2016 and 2017. Buy there , if it ever gets there :)
Blocknet has been around for a long time and it just keeps getting better. They plan to make trading possible without having to download entire blockchains. When that happens, its just a matter of time for it to shine. It is the most decentralized exchange and a lot more.
$RAY/USDT 4h (#BinanceFutures) Descending triangle breakoutRaydium has been retracing down big time and finally looks ready for reversal, at least short-term.
Current Price= 0.922
Buy Entry = 0.919 - 0.849
Take Profit= 1.072 | 1.239 | 1.390
Stop Loss= 0.733
Risk/Reward= 1:1.25 | 1:2.35| 1:3.35
Expected Profit= +21.26% | +40.14% | +57.22%
Possible Loss= -17.08%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #RAY #RAYUSDT #Yield #Farming #AMM #DEx #DeFi #BSC #Solana
Website: raydium.io
Contracts:
#ERC20 0x5245c0249e5eeb2a0838266800471fd32adb1089
#BEP20 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8
#SPL 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
it was end of the 2nd wave?butterfly harmonic pattern:
X=$1.47
A=$0.0054
AB=0.78 XA
BC=0.88 AB
0.78 BC=$0.193
0.88 BC$0.285
0.78 XA=$0.443
1.13 BC=$0.74
0.88 XA=$0.776
1.13 XA=$3
1.6 BC=$4.97
1.27 XA=$6.74
1.41 XA=$14.46
2 BC=$22.13
1.6 XA=$46.8
2.24 BC=$56.5
VVS staking holding% per cent within 2 MVVS lost abou 70% on token valuing (1k apy current)
it will be hard to solve for buyers above 3M, but theres good sighns of recovering about 30 per cent in 2M
$WAVES/USDT 1h (#BinanceFutures) Falling wedge breakoutWaves Protocol is downtrending for a while but seems to finally be showing some reversal signs!
Current Price= 15.824
Buy Entry = 15.876 - 15.353
Take Profit= 17.166 | 18.318 | 19.537
Stop Loss= 14.259
Risk/Reward= 1:1.15 | 1:2 | 1:2.9
Expected Profit= +19.88% | +34.64% | +50.24%
Possible Loss= -17.36%
Fib. Retracement= 0.382 | 0.441 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week
Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX
Websites: waves.tech wavesassociation.org waves.exchange
Contract:
#Mainnet
$LINA/BTC 12h (#BinanceSpot) Descending trendline break & retestLinear Finance is pulling back to 50MA & 200MA support which just made a golden cross, looks ready to bounce back!
Current Price= 0.00000058
Buy Entry= 0.00000059 - 0.00000055
Take Profit= 0.00000068 | 0.00000076 | 0.00000087
Stop Loss= 0.00000048
Risk/Reward= 1:1.22 | 1:2.11 | 1:3.33
Expected Profit= +19.30% | +33.33% | +52.63%
Possible Loss= -15.79%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 weeks
Tags: #LINA #LINABTC #Linear #Yield #Farming #DAO #DEx #DeFi #BSC #DotEco
Website: linear.finance
Contracts:
#ERC20 0x3e9bc21c9b189c09df3ef1b824798658d5011937
#BEP20 0x762539b45a1dcce3d36d080f74d1aed37844b878
DYDX/USDT (1D) - Long setup for short term speculationHello Traders,
You probably noticed BTC got into Bull market (at least for short term). Which means its better to trade alts because they can raise (also drop) by multiplier x2 or more. = bigger gains (also need to set tight Setup rules and stop-loss in case of trend reversal.
DYDX/USDT reached zone whoch intrerested me. Its quite new coin with no sufficient data to mark "impulsive" ?? wave from 0 to ATH.
Hence its only expectation it formed 5 wave structure (because of retracement below previous lows). Also shape of retracement looks like Falling wedge = wave C. (Too much overlaping and structure of subwaves).
My minimum retracement expectation is 0.238 = Where wave C (Ending diagonal) started = around 9-10.5 usdt. (Chance for 50-60% profit).
During the run I will count subwaves and notify you.
You BTC will continue to area of ATH or higher and continue in Bullrun, this smalcaps could make it to new ATH or higher. (but its pure speculation).
Trade safe, use stop-loss and watch for 4H/1D RSI konvergencies / divergencies ;)
Is FEG ready for a massive pump?crab harmonic pattern:
AB=0.38 XA
BC=0.38 AB
I considered an accumulation phase in the way of the 3rd wave.
Fat traders love CAKE - CAKEUSDDear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
PancakeSwap (CAKE) is a decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming.
Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip).
Target is in the chart.
Goodluck,
Doctor Hugo