taika808

taika808

If you're interested in Stacks, now is a good time to open a new long position as it sits right on the MA-200. While it will face significant resistance on its potential upward journey, you can protect against downside risk by placing a stop just below the current level.

taika808

Ondo has been consolidating here for ages but hasn't dropped like many other coins. I think it will move upwards, albeit slowly.

taika808

Nosana is a decentralized computing solution on the Solana blockchain with a very good looking chart.

taika808

Goldfinch is on an upward trajectory in its channel. I think the optimal entry point was in the green box, but you might get a second chance if you wait a bit and buy at the lower end of the channel.

taika808

Jito is a token with a good-looking chart. It's trading above both the daily SMA-50 and SMA-10. It has broken the diagonal resistance and might be ready to make an upward move. It's also one of the smaller tokens with good volume

taika808

AMD is now on the lower end of the upward channel and sits right on the daily MA-50. If you believe it will go up, then this is the perfect entry. If it drops out of the channel and below the MA-50, then it's time to go short.

taika808

LandX, a token that perfectly fits the popular RWA narrative, has passed the diagonal trendline. It is also trading above both the daily SMA-10 and SMA-50.

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I'm not a big memecoin trader, but BONK looks pretty solid here. It has reclaimed an important trading level and also surpassed the diagonal trendline that was acting as resistance. However, it's still trading below the daily MA-50 and is thus not fully bullish, so be careful with position sizing.

taika808

I like Jupiter here; it has reclaimed its trading range and is above both the daily MA-50 and the daily MA-10. Be careful with position sizing, as the market in general still looks a bit weak.

taika808

Meta will likely drop into the green box. It's a confluence of the September 21 high point, the daily MA-50, and the Fibonacci 0.618 retracement. I think it will bounce there and continue its upward trajectory afterwards.

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Nvidia is falling off a cliff here. The area I'm interested in buying is the green box between the 0.618 fibonacci retracement and the quarter high of the trading range. There is also good confluence at this point with the daily MA-50.

taika808

Thala is a small-cap Aptos DeFi token that has retraced significantly and is now in the buy zone regarding to Fibonacci retracement levels. It has crossed the daily MA-10 and is attempting to move up. It will certainly face some resistance around the midpoint of the range, which is around 1.87. Depending on the general market conditions, I think this could perform...

taika808

GEOD has a really nice-looking chart and fits the popular DePin narrative. It's a small cap project available on the Polygon blockchain.

taika808

One of the best-looking charts in the generally weak crypto market right now is DEGEN, the main meme coin of the Base blockchain.

taika808

MultiBit, a Bitcoin bridge for BRC20 and ERC20 tokens, seems to profit from the current hype around Runes and the general Bitcoin narrative, and is doing quite well despite the weak market.

taika808 Updated 

Tesla needs to bounce here, or it's over. The target of the trade is the upper bound of the declining channel, around $225. It looks weak overall, so be careful with sizing and use a stop loss. If it doesn't bounce here you can switch position and short it towards the 2023 low around $101.

taika808

Added to my long-term SOL position on this pullback. The entry is rather aggressive here. If you are more cautious, consider buying on the retest of the mid-range. Be aware that it may also drop a floor lower into the pink box, where the daily MA-200 is located.

taika808 Updated 

Rollbit, the premier casino coin, found its way back into the trading range. If Bitcoin behaves and doesn't drop, it might do well in the coming weeks. The first target is the range high around $0.2, and the extended target is around $0.3.