#DEFIUSDT
Eyes on DEFI, if the Symmetrical Triangle is broke upside we can consider entering the coin.
Eyes on DEFI, if the Symmetrical Triangle is broke upside we can consider entering the coin.
Ethereum’s price is currently below the $2500 level, however, it is nearly 12% higher than last week.
Since the 3-month implied and realized volatility is at 7%, based on the following chart, implied and realized volatility has remained above the average from March and April. This is a metric that supports Ethereum’s long-term bullish narrative.
In the long-term, the focus may be on the fundamental strength and increased network activity, despite the competition that Ethereum faces from the L2 scaling solutions.
Since the 3-month implied and realized volatility is at 7%, based on the following chart, implied and realized volatility has remained above the average from March and April. This is a metric that supports Ethereum’s long-term bullish narrative.
In the long-term, the focus may be on the fundamental strength and increased network activity, despite the competition that Ethereum faces from the L2 scaling solutions.
#SXPUSDT
Symmetrical triangle is forming, so waiting for the confirmed breakout and taking a position.
Symmetrical triangle is forming, so waiting for the confirmed breakout and taking a position.
#PUNDIXPERP
I am entering PUNDIX if there is a confirmed breakout of the symmetrical triangle to upward.
I am entering PUNDIX if there is a confirmed breakout of the symmetrical triangle to upward.
According to the Average Spent Output Lifespan (ASOL) metric, which provides insight into the average age of all UTXOs spent that day, LTHs primarily held through the recent dip as evidenced by the ASOL falling dramatically “back to levels below the accumulation range seen between $50,000 and $60,000.”
Further proof that it has been STHs who are behind the sell-off can be found by comparing the amount of on-chain Bitcoin transfer volume that is in profit (LTHs) to the at a loss (STHs).
Further proof that it has been STHs who are behind the sell-off can be found by comparing the amount of on-chain Bitcoin transfer volume that is in profit (LTHs) to the at a loss (STHs).
#KMDBTC
KMD has reached the resistance of a descending channel, looks like it’s ready for a decline. Watch for a leg down.
KMD has reached the resistance of a descending channel, looks like it’s ready for a decline. Watch for a leg down.