LINK is once again showing sings of an impending BTC pump. The last major pivot we saw was when LINK broke the monthly resistance. Before this the weekly was broken which is marked with an arrow. LINK broke all 4 EMAs on this most recent daily candle. This is a macro reversal, I expect over 21$ soon.
BTC is pressing right into my resistive area I drew on my last two charts. This very key area is incredibly important for the pivot and upswing towards all-time-high. I believe the corrective phase is over and fireworks are about to start. LINK is running and this reminds me of the BTC move from October last year. I will post a chart highlighting the last time...
Altcoins have corrected 30% overall from the most recent swing high to swing low. I believe the reversal is in as the handle continues to print. With BTC strength we will see a bit more downside for most alts, then I believe a major upswing is to come. We should hit 1 trillion by the fall. My focuses: -RNDR -NEAR -AKT -Equal -Super
AKT is pushing for all-time-highs on this enormous cup and handle that I have been posting. This reversal was perfect in the white box, a dip into the demand zone is noted on the flush out. My short-term target of 7.9$ remains. A very aggressive change in the stochastic as it coils on the upward move, I believe leg two is in a few days.
BTC is testing both resistances on the side ranging wedge. Alongside the BTC production chart I shared earlier 66.8k is the next important level. I still expect us to move higher from here, likely all-time-highs this month. I believe this cycle will be shorter than people expect.
Coin should bounce here on the 100 EMA after a 30% drawdown from the local high. With BTC price action undecided there has been a major selloff despite amazing earnings. As the ETF picks up heat Coinbase will benefit alongside Base and other growing areas of the company. This is still my largest winner in long-term portfolio at this point. The stochastic appears...
Pendle did not bounce on the 100 EMA like I expected, the token is now deep into the daily demand zone. For longer term minded people this is definitely a great buy zone. I did add the start of a weekly demand zone as the dashed red, this is my next target. We could stop here, for traders we look to a break of the down trending resistance line.
RNDR is staying above 11$ which is extremely bullish here. Multiple tests of this green fib has already occurred. You can see a wick to my previously marked area of resistance on my last chart, this needs to be overcome. The next key area is previous all-time-highs, once we reach price discovery again I think 18$ comes quickly.
I am expecting oil and Oxy stock to bounce here. Oxy finds itself on the 100 EMA which serves as support on pivots and overall up trending assets. A historic bottom of the stochastic RSI is marked in dashed red as well. This stock is very oversold here after the tremendous rally. This is actually my best trade of the year, those 70$ Jan 2025 calls made me bank and...
BTC production cost doubled during the halving. This is part of why I think it will be very difficult for price to be suppressed for very long. Smart miners simply would not allow any additional supply to be released far below this price. The best miners have cash and BTC reserves as well. This wedge should break to the upside soon, if not the cycle will go MUCH...
Pendle has bounced of the 100 EMA 5 times in the last 6 months. I expect this to happen again. What happens after the bounces is up to BTC unfortunately. This could be another short-lived pump, or a building block towards all-time-highs. Regardless I think we test 5.1$ off this bounce, PENDLE has also dipped perfectly into the daily demand zone (rectangle)
SNS is moving sideways in the daily demand zone on falling volume. I still expect this to breakout within two weeks, there is now a ton of resistance around 8 cents. I think we see a repeat of the move we saw in March here since the market cap is so small.
Super rode into the weekly demand zone on this previous dip and still has more opportunity. Weekly demand zones are much more reliable than daily as they are 7x the price action history. The fact that this is only wicks is pretty bullish to be honest. We are currently sitting within the daily demand zone before that most recent run up. This is the handle for the...
This token was initially called out by my colleague. After some research I did add a small position around 40 cents. I then threw the majority of my position around 1.2$. With the AI hype we thought it would be smart to try to latch on to an existing Ai focused token, we went with RNDR. With the plan to move to a faster chain, existing infrastructure in graphics...
AKT is prepping for a huge move as I look back on my old cup and handle setup from a while back. The upside projection remains between 7.9$-12.1$.
SNS on Solana dipped down to a weekly demand zone twice building support and is blasting off. This token is pressing up against resistance and I expect a huge breakout here. This was one of the strongest rallies after the big altcoin dip. I expect 11 cents soon given that we have some price action in that region. Just have to work through the 8 cent...
Sideways channels are generally more reliable than diagonal channels. After wicking to a weekly demand zone, Near finds itself in a large range from early March. A large amount of resistance is in its path which I circled on the left side. This may be why you see wicks attempting the topside of the channel with no candle bodies. Once this area is eaten away I...
RNDR wicked perfectly to my downside target which was the prior cycle high. A strong reversal is noted and almost back to the momentum trend line. The weekly stockastic RSI is starting to point upwards signaling a macro reversal. I still plan to hold my bags until 20$ and sell 25% there. We still need to retake the green fib which is about 11.5$.