PontusTrader

PontusTrader

Easy long setup chart here, has lots of potential room to run. 1st target is old all time high at $5.58 2nd target is between $6.6 and $8.3 3rd target... let it run!

PontusTrader Updated 

usdt dominance has now spent 8 weeks trying to recapture major broken support line suggesting % dom drops much lower. it will bounce briefly at 4.9% then fall quickly to 4.1%. seems like it will line up perfectly with btc halving in mid april.

PontusTrader Updated 

weekly chart is looking very bullish, another 71% upside here is almost guaranteed at this point, ultimately, it runs higher to new all time highs, but market dynamics have to play out first. weekly volume isn't even that high compared to the volumes seen in summer 2022.

PontusTrader Updated 

This coin is about to fly. This 4hr FVG gap presents a very great risk/reward setup and likely the last chance to accumulate a position before it rips to the upside. You also have a fractal here - another FVG on the weekly that looks identical to the 4hr.

PontusTrader

Liking $ZEPH here, I bought $4,000 more today. Price has already broken out from downtrend, now it's retesting the breakout line. Also the breakout occurred out of bullish falling wedge formation. I see this going much higher. Not an easy hold at the moment, I agree but will pay off crazy multiples down the road. That's the TA side, the fundamental bull thesis...

PontusTrader

price is being absorbed inside the FVG liquidity nodes. it happened before in the previous node. this price runs higher, not much to say, it's just instinct at this point. this chart is primed to run. here is the daily chart with its own FVGs and bullish falling wedge.

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Alephium broke out of the resistance line last month or so, it's been consolidating and forming a new base at the 50 cent mark. The increase in volume on this recent breakout run adds validation to the bull case. I see an upside breakout here and aiming for a $3 level to be tapped. Long term, this project is goes at a minimum to double digit, circa about $500...

PontusTrader

Price filled the liquidity gap on the 4hr BISI node repeatedly and hammered out a 50 cent floor. Next phase is breakout of the pennant and running the length of the flagpole, should put is over $3 quickly. See the weekly chart idea:

PontusTrader

ETH runs to $2,709 on this impulse to fill the SIBI gap then corrects down to the new BISI gap it made this month at about $1900 before running for ATH again 2024-Q1.

PontusTrader

Perfect setup, you have bullish falling wedge. There was a big whale absorbing the selling pressure in the last 84 hours, that is my feeling watching the tape.

PontusTrader

Fair value gap suggest we have some strong liquidity magnets up above us at the 44k area. I see no reason why those cannot be easily filled given the momentum we have. Following that, I anticipate a violent shakeout back down to the 50% retracement of the the weekly fvg (cyan) at 32k before resuming course for new all time highs by or on May 2024. One...

PontusTrader

Price is coiling for a retaking of the bear FVGs created on the way down in 2022. This is what I think is the very likliest price action to occur. We know ROSE respects FVGs because it reversed hard at the 50% of the FVG as denoted by (i). The more closer bear FVG, denoted by (a), (b), and (c), will act or hold as resistance for a 3rd time. You can even tell...

PontusTrader

Chart looks mega bullish, it's got another huge pump left in it but then I believe the momentum will fizzle out. Check RSI to go above April 2022 level + Google trend keyword search.

PontusTrader

This monthly gap up here is a magnet. Price will tap it shortly but there is too much confluence of bearish factors. 1 - Back test (pullback) to 6 year broken support 2 - Resistance trendline 3 - FVG gap This is just on the monthly. I might be wrong but hedging with shorts in that area is wise.

PontusTrader Updated 

FTM wants to rip, it's been lagging BTC and other L1s these past 2 weeks, but it's basing up for another run.

PontusTrader

Classic falling wedge + into strong support. This bounces hard here, nice risk reward ratio as well.

PontusTrader

High probability setup to the upside, loading up some on this retracement. Anywhere between now and 20,400 is good. I do not expect we'd stay long below 20k if we get a flash dump. The next leg higher is inbound.

PontusTrader Updated 

Ascending triangle clearly in the works, bitfinex market buyer this morning testing liquidity in the 39k level. Expecting a buy order burst into this level to take us into the 40ks. I would not short here!