Discover and read the best of Twitter Threads about #defiderivatives
Most recents (3)
#DeFi Daily 11/03/22
#Bitcoin pulled back on Thursday, falling by 8.54%. It found support below the key $39.5k level. Price retested the downward channel which it broke out of on Wednesday during US trading hours.
Read more: 🧵👇
#Bitcoin pulled back on Thursday, falling by 8.54%. It found support below the key $39.5k level. Price retested the downward channel which it broke out of on Wednesday during US trading hours.
Read more: 🧵👇
#Ethereum’s $ETH has hit through the trailing stop loss at $2577 yesterday afternoon. We suggest observing retest of the $2350-2550 base area + trendline since Feb 2021 on a daily chart which also serves the lower bound of the wedge.
/1
/1
#DeFi Daily 10/03/22
$BTC saw a breakout yesterday during Asian trading hours. Price cleanly broke above the $39.5k resistance line, while the hourly RSI moved into overbought levels, revealing a renewed short term #bullish momentum.
Read more: 🧵👇
$BTC saw a breakout yesterday during Asian trading hours. Price cleanly broke above the $39.5k resistance line, while the hourly RSI moved into overbought levels, revealing a renewed short term #bullish momentum.
Read more: 🧵👇
$ETH had a similar move yesterday as it broke out of its inverted head and shoulders pattern. Looking at the daily time frame, ETH is forming a wedge pattern where the level to break above would be around the $2.85k level.
/1
/1
#DeFiTVL rose about 10bn overnight to 204.5bn currently. This was again led by @terra_money and @wavesprotocol, with TVLs sitting at 26.4bn and 2.4bn respectively. #Terra’s #TVL has grown by 12.2% over the past 7 days while #Waves has grown by 48.5%.
/2
/2
#DeFi Daily 09/03/22
$BTC rose 4% during Tuesday’s Asian trading hours, and traded near the upper bound of a widening channel during US trading hours. Hourly, BTC has been making higher lows without higher highs – a strong resistance on its downward trend line.
Read more: 🧵👇
$BTC rose 4% during Tuesday’s Asian trading hours, and traded near the upper bound of a widening channel during US trading hours. Hourly, BTC has been making higher lows without higher highs – a strong resistance on its downward trend line.
Read more: 🧵👇
$ETH shows a similar price pattern to $BTC. It is now at a critical crossroad with price near its yearly support. For now, ETH has found support from the line on the daily as yesterday’s daily candle closed above the line.
/1
/1
#DeFiTVL A small uptick to 195.4bn from yesterday as users gain confidence from the small boost in #crypto markets last night. @wavesprotocol and @terra_money led this rise. Liquid staking platform @LidoFinance contributing a 1.3bn increase in #Terra overnight.
/2
/2
