Welcome me to forex. This is my first call so yeah I'll make every bit worth it by providing a detailed scenarios but keep in mind FX:USDJPY is bearish long term, maybe bullish midterm to take up some liquidity but down is the way on the long run. All scenarios is counting ABC - Zigzag in which the 1:1 is at $164.938 to be completed. This second scenario...
This scenario is very similar to scenario one and I must admit it makes slight sense that scenario 1 and 2 (see below for previous analysis) because it will liquidate or trigger stop losses of early bears in scenario 1 and 2 plus the previous wave 1-5-green matches all criteria for a leading diagonal which gives assurance that we will see some more upside for...
Not so much information here I expect price to drop till $0.31 - 0.27 that is where makes sense to ape in for some double digit profit. OTHER ANALYSIS
It has been hell of a ride right from this point and BINANCE:PEPEUSDT is yet to show no significant weakness. According to Elliott Wave Theory we still have some more highs and price discovery to make for PEPE. OTHER ANALYSIS
Here is the reason why I said I will be taking some profit at $0.00001201. As you can see that is an ideal 110% Fibonacci and 0ver 200% gain from previous swing low coupled with the 20% gain these past days, that is a perfect psychological point for where price might be steaming off. Overall we are still bullish but short term we might see some pull...
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) ...
Centrifuge is among my top picks for the continuing ALT SEASON bull run. It is a strong project with real life and meaningful use case together with Elliot wave technical analysis, I expect OKX:CFGUSDT to be at $1.32 at least by the end of March 2024, also that level marks the 60% golden Fibonacci zone. OTHER ANALYSIS
BINANCE:PEOPLEUSDT have the cleanest impulse I've seen in a long while. Without past context I think we might just be completing the wave 4-yellow of an impulse which can either be a FLAT, CONTRACTING/SYMMETRICAL or BARRIER Triangle. I expect price to bounce from anywhere in the box and print at least 100%. The invalidation level (stop loss) for this an...
First of all you should see this scenario for CONTEXT. Look at how perfectly price have been reacting to this chart. Here is an update with a potential 3RR trade setup. I feel... why not take advantage of the opportunity that presents itself but don't forget this is just us trying to make money on both bear and bull market the overall target on the mid - long...
BINANCE:KDAUSDT is just like BINANCE:MOVRUSDT it is in an uptrend on the macro timeframe. On the Hourly timeframe price should breakout of the Descending Channel soon for at least 50% gain OTHER ANALYSIS
Nothing much just doing what I believe it should do PREVIOUS ANALYSIS OTHER ANALYSIS
This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below). Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks...
Contrary to the previous setup, I have seen a scenario where the invalidation level could become a stop hunt, so what to do is simple; either cut position in half to reduce risk or hedge it with a spot or just close the entire position right now at a minimal loss. BINANCE:LTCUSDT PREVIOUS ANALYSIS OTHER ANALYSIS
Two things for OKX:BLURUSDT , first we get a 40-50% push up, if the volume and fundamentals is strong we could continue the push to 120% creating a new swing high else we will get a cut at the 40-50% push up and head back down to the 78% Fibonacci level on the mid term before the long term bull run continues. OTHER ANALYSIS
Following through from our previous analysis MEXC:SHIBAUSDT precisely reached the pullback zone I highlighted and bounced approximately 20% immediately putting us on a profitable edge. Now all I can say is good luck on the journey to a new ALL TIME HIGH again for SHIBA on this particular scenario. Don't forget I have been calling this since $0.08 see analysis...
I am thinking BINANCE:RNDRUSDT still have one more high to make and now is the time to ape. The invalidation level clearly rules this out so keep note. Will upload the overall context to this later, just don't want you to miss out on any of what I have prepared in store for you all. OTHER ANALYSIS
On the previous analysis price has been moving perfectly to the analysis reacting accurately to it. My next point of interest is within the box which is in between the 50-78% Fibonacci zone. I will be looking to add to my BINANCE:LTCUSDT spot position after taking some profit at that previous swing high. When all was bullish I was bearish now that they are...
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...