$DEFI/USDT 1h (Binance Futures) Symmetrical triangle breakout
Updated
DeFi
Note
ℹ️DDEFI/USDT: More information about #DeFi tokensTo see the updated list and weights, open that link and go to Component Info tab (under the chart next to Price):
binance.com/en/futures/funding-history/3?contract=DEFIUSDT
You'll see #ChainLink (
LINK) is still leading the pack by almost 15% dominance, but #Uniswap (
UNI) ~9% just took the 2nd place, and the 3rd for #Aave (
AAVE) ~8%!Then come #Maker (
MKR) 5.7%, #Synthetix (
SNX) with 5.5% and #Yearn (
YFI) which fell from 8 to 5%, more reason to be bullish on it!New comers to the index since last update: #1inch (
1INCH) & #Alpha (
ALPHA) with ~3.4% each, #Loopring (
LRC) ~3.1% and #Bella (
BEL) ~1.6%After that, many others represent around 4, 3 or 2% of the index:
#Curve (
CRV), #Compound (
COMP), #Ren (
REN),#Reserve (RRSR), #ThorChain (
RUNE), #Band (
BAND),#Swipe (
SXP), #Kyber (
KNC), #0x (
ZRX), #Kava (KKAVA),#DFiMoney (YFII), #Serum (
SRM), #Balancer (
BAL),#bZx (BZRX), #Tellor (
TRB)I still wonder why #SushiSwap (
SUSHI), #Fantom (
FTM) or even #Dia (
DIA) have no place in here but maybe they'll add it later.For #Akropolis (AJRO) I guess it's because it's in #DotEco index!
That's for the ones in Binance Futures, for the full list of total market, go to #CoinMarketCap:
coinmarketcap.com/defi/
If I would chose 12 more of them, that would be:
#Terra (
LUNA), #Ampleforth (
AMPL), #Bancor (
BNT),#Augur (
REP), #Injective (INJ), #Orion (
ORN), #Bounce (
BOT), #Ramp (
RAMP), #Origin (
OGN), #Ferrum (FRM), #Coti (
COTI), #YfDai (YFDAI)...Don't buy them all, at least not at once, try to focus on a few and look for decent dips to enter partially, you can also let limit orders laddering down.
I wouldn't recommend using leverage at all, but if you really want to lever then max 3x would be my advice!
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