DewyCandles

DewyCandles Updated 

BINANCE:ATOMUSDT should be doing this if it really have intention of joining the bull run. It is quite close to the invalidation level but the risk reward is insane almost 90. More update to come stay tuned. BINANCE:PEPEUSDT is at the level i called so is many alts. We saw this coming billions have been liquidated. OTHER ANALYSIS

DewyCandles

The Other Elliott Wave Count BINANCE:ALGOUSDT shows a classical Head & Shoulder Pattern but as an Elliott Wave Trader I see it as a potential Truncated Head & Shoulder and wave 2 about to end. When this wave 2 ends I am expecting ALGORAND to begin it bullish run for the ALT SEASON. At least a x2-5 200 - 500% is guaranteed. Entry is anywhere in between the box...

DewyCandles Updated 

After that huge sink I am convinced that we are in some kind of range for BINANCE:ARBUSDT and the sink will continue till mid May. Looks like winter came in to early. OTHER ANALYSIS

DewyCandles Updated 

From psychological point of view - price was going high and they was successful convincing literally everyone that it will continue to go up then all of a sudden they nuke on their euphoria, then those who are a little bit brave to take the short of it are being targeted along the ones who are seeing this a bull run continuation so they take in both ways and...

DewyCandles

This is a critical point for $arbusdt. First is to re-affirm that we are still bearish that is why we are still holding our SHORT position which we used to hedge our spot position. But also, we need to acknowledge at this point that there is one other scenario but it is irrelevant and insignificant there we will keep at this. On the 1st DCA, it is possible that...

DewyCandles Updated 

I have a god feeling that we are in a wave 4 formation and I think it will be a Running Triangle for the fact that we have seen 150% extension for it wave B- but I am not disregarding the fact that we could get other variation such as a Flat, Running Flat or an Extended Flat. Either way we will see BINANCE:PEPEUSDT losing at least 10-20% in coming weeks. (see...

DewyCandles Updated 

Very similar to Chainlink (although major ALTS are correlating very well now)but I believe more on total fall for deeper retracement for a primary degree wave 2 for BINANCE:ALGOUSDT than BINANCE:LINKUSDT (see link chart below). OTHER ANALYSIS

DewyCandles

BINANCE:ALGOUSDT shows a classical Head & Shoulder Pattern but as an Elliott Wave Trader I see it as a potential Truncated Head & Shoulder and wave 2 about to end. When this wave 2 ends I am expecting ALGORAND to begin it bullish run for the ALT SEASON. At least a x2-5 200 - 500% is guaranteed. Entry is anywhere in between the box and the 618 to 786%...

DewyCandles Updated 

Quick one yeah, you might want to start buying BINANCE:ADAUSDT now assuming this is the end of the wave Y-green of wave 4-orange or wait a bit for price to create another leg to $0.3622 which will bring us to the second scenario that the previous high, wave X-green is our wave 5-orange instead. If the later is correct then we ill definitely see price retrace...

DewyCandles

This is the BINANCE:ADAUSDT update for our daily timeframe (see chart below for context) I strongly believe there is just one last leg down from $0.400 - 0.3550. From there will be an aggressive buying I have a limit order in that region adding to my initial position. Also, from the daily timeframe we seems to have a support the which price has been...

DewyCandles Updated 

This project BINANCE:ACAUSDT lacks awareness hence the sluggishness but it has potential. Right now the next accumulation is at the 60-79% Fibonacci level and this is the new norms since the previous move 12345-orange is a Leading Diagonal and one thing about Diagonal is that it is mostly followed by a deep retracement - we will be consolidation here for quite...

DewyCandles Updated 

This is an update on $dotusdt. It now seems clear to me that we have completed the primary degree wave 1-yellow and we are in some kind FLAT for wave 2-yellow which we will be ending coming days or weeks at around the 50-70% Fibonacci zone. The next point of interest or right place to DCA is anywhere withing the box. Remember I warned you about all these huge...

DewyCandles Updated 

Got into this meme coin, down by -75% kept my steeze and bagged some more then close for 60% gain. Would you love to see my BINANCE:NOTUSDT chart? OTHER ANALYSIS BINANCE:PEPEUSDT BINANCE:BTCUSDT BINANCE:ARBUSDT BINANCE:PEOPLEUSDT BINANCE:RSRUSDT

DewyCandles Updated 

Contrary to the first update this scenario is very Bearish, I forgot to indicate the invalidation level on the first scenario (see chart below) The invalidation level for the first scenario is the wave 1-green ($0.4379) if we touch that level before a new high is created then we know for sure that this scenario is in play. BINANCE:PIXELUSDT This is the reason...

DewyCandles Updated 

I am loving the clarity and the convergence or correlation starting to show on Alts right now. I bet more on a last low and BINANCE:APEUSDT joined in. Don't forget this is the last leg down to the accumulation phase that will trigger the mid - long term Bull run. For context see previous analysis below. PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:NOTUSDT...

DewyCandles Updated 

No doubt we are in an uptrend for BINANCE:NEARUSDT and this might just be a nested 1-2/1-2 which is super bullish reaching as far as $40. Now we are at a crossroads and if this scenario is valid from here we should se price retrace to the 50 - 78% Fibonacci level to form either wave 2-blue for the leading diagonal wave 1-blue or a deeper retracement down and...

DewyCandles Updated 

The striking correlation between $flokisusdt and BINANCE:PEPEUSDT will make you think they're being developed by the same developer, it is insane. Starting from the wave 2 and 4 of the of wave 1-yellow being a classic Zigzag and Triangle and wave 2-yellow for both being a classic Zigzag as well. If you missed that big run for Floki and Pepe (called it since) ...

DewyCandles Updated 

From the previous analysis I predicted this run and it happened. With clarity we can see some form of breakout from the Descending Channel and the Relative Strength Index also created an Higher High as seen on the chart the only lagging confirmation is the Volume which makes me believe this next leg up won't be to huge not until we see that proper retest which...