What a great day indeed

Okay let's address the rumours floating around.

First, the case of matic token having a potential delisting and dump following some mishaps in the tokenomics and moving of vested finds from the team wallet.

There's two ways this will turn out, either it's a baseless accusation and the project will stick around to do wonders forgetting this event as a bad dream or well it's gonna be a nasty nasty short against MATIC. I'm somehow inclined to the latter.

Lookin back at each of these recommendations from last week, here are some charts for you to judge.

For those who don't have a paid Tradingview and can only use 3 indicators from the free version can add this indicator. it will allow you to have the EMA 8, The MA 8, Bollinger Bands, Vwap, Ichimoku Clouds, Support and Resistance lines, TD Sequental all in one indicator. You can select what you want to be enabled or not so they all don't need to be on at once, this will bypass the 3 indicator restriction and you'll still be able to add 2 more indicators.

$XZC looks solid. Grab a bag here and lock it up in your cold wallet.

Bitcoin

It looks like the price has already broken out of the first minor resistance which is in align with the .382 fibonacci retracement level. Next touch must be around the upper minor resistance at the $9606 and the major one as the latest target for long position in short term which is around the golden pocket ($9800 - $9789).

Wait for update about the next possible altcoins to enter.

A few hours ago, BNB was ranked second in the CoinMarketCap DeFi tokens ranking.
But by now it has been removed.

https://coinmarketcap.com/defi/

There you go, no way CZ gonna let this golden goose go away

Altcoin cap and total market cap are increasing together. What does that mean?
I’m recalling the uptrend season of 2017 ☺️

TOP 10 DeFi Projects By the Value Locked.

​​The total value locked(TVL) in decentralized finance (DeFi) applications and protocols has crossed $3B USD.

$1B USD TVL has been reached in February this year while $2B milestone was crossed in the beginning of July 2020.

Data based on DeFi Pulse website.

One of our members shared a pretty interesting trade on

$ETHUSD

Short: 266

Stoploss: 272

Target 1: 254
Target 2: 250
Target 3: 245

https://www.tradingview.com/x/vwosqg6Z/

BTCUSD - Intraday - We look to Buy at 9250 (stop at 9150)

Traded to the highest level in 4 weeks. We are trading at overbought extremes. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 9345. Daily/Weekly Ichimoku Cloud support is seen at 9365. The previous swing high is located at 9351.
Our profit targets will be 9690 and 9800

Resistance: 9690 / 9800 / 10000
Support: 9350 / 9243 / 9200

https://twitter.com/HashedPlutus/status/1286661678881480706

Would greatly appreciate a comment and ♥️

Pamp it

Why play altcoins when the king making you money. Take profits here

Update in BTC Dominance and its impact on Altcoins

BTC Dominance is at 62.43% and made a kuch awaited pull back today, that is the reason we saw dips in the Altcoins rates.

BTC dominance is at Strong Support Level for now.

On weekly charts dominance is still bearish

So two scenarios can happen from here

1) we see a bit more of pull back in Dominance till 63.5 % and alts will fall more and rise later

2) or Dominance breaks 62% support and we see another round of bigger rallies in Altcoins.

Wait for today's weekly closure for a clearer picture.

Thanks