DEFI reached its all time high and closed it with bearish candle - almost gravestone doji. Next rejection came on re-test of 1975 SR. Now we have two main support zones waiting below. One is near, next 7-8% below current price. Shorting uptrend is risky, but signals are clear.
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
Crypto Trades
DEFI reached its all time high and closed it with bearish candle - almost gravestone doji. Next rejection came on re-test of 1975 SR. Now we have two main support zones waiting below. One is near, next 7-8% below current price. Shorting uptrend is risky, but…
Moment of truth for DeFi projects. Overbought or ready to show some more? I have a feeling that overbought is closer to truth here, but its really controversial chart 🤨
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
DEFI index pumping towards all time high. It must be LEND pushing it high for all. SNX, COMP and MKR look promising, but only reversing. Others still retrace, but if follow fellow DeFi coins, now at good dip prices.
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage. Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=CryptoTrades
@CryptoTrades #FEDI #FTX
A little review on global altcoins indexes on day chart. Altcoins stand for big caps, and the other two for Shitcoins and DeFi projects. In couple of words - on all charts we can see re-test of horizontal support and ascending trendline. Still possible to see it bounce (good for scalps), but in general unlikely we will see real bullish market till the end of September. Even if bounce happen and alts won't fall any deeper, they will require some time to rebuild position for another bullish run - that will take time.
🔥 Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=WiseAnalyze
@CryptoTrades #Shitcoins #Altcoins #FEDI #FTX
🔥 Register with this ref link to receive 5% discount on all fees - https://ftx.com/#a=WiseAnalyze
@CryptoTrades #Shitcoins #Altcoins #FEDI #FTX