DewyCandles

DewyCandles Updated 

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...

DewyCandles Updated 

This will be the second scenario for $AZEROUSDT. on the previous scenario we see some double digit increase followed by this fall. If ALEPH crosses down the previous swing high then it is possible that it will be going to take all the liquidity below and that gives us the opportunity to DCA in at the one to one 1:1 level $0.3315 which is at the 60-90% Fibonacci...

DewyCandles Updated 

This is the macro view of the daily timeframe analysis I have already aped in BINANCE:ADAUSDT and already set a limit order below to DCA around the 60 - 80% Fib (see daily timeframe for context). This whole idea is invalidated one price retrace 100% from the last low created on the 10th of June 2023 which serves as the stop order. If average entry be $0.45, ...

DewyCandles Updated 

First it was all downtrend since September 2021 till October 2023 (over 2 years) with a drop of over 90% then created a temporary support before breaking down. Ever since price tried to recover several times but got rejected even after breaking out of the Descending Channel and then we saw the retest of the channel exactly a year ago before flipping the...

DewyCandles Updated 

THIS IS THE ZOOM OUTLOOK ON THE PRIMARY ANALYSIS (see below the bigger picture) It is either we have already began our journey to $90 right now or we see some shocking surprise of 15% nuke to at least $61k before pressing for $90. Either way, I am bullish on BINANCE:BTCUSDT midterm. According to #Ellitiotwave this move since $16k is IMPULSIVE and no doubt we...

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Personally, I do not pray for this to happen but then I practice what I preach. No matter how bitter it might be one have to be unbiased and aware of all possible scenario available, that is how not get sidelined or rekt. On the chat this would mean that we are in some kind of larger degree double combo Flat. My primary idea is bullish but if we see price...

DewyCandles

On the daily timeframe analysis I talked about how we might be seeing 170% gain coming weeks but then I want to call your attention to the possible right entry here. The supposed wave 3 on the daily timeframe might be 5 because the Fibonacci Extension to that point is 300% which I would say is over extended for a wave 3 as opposed to the 168% and if 200% which...

DewyCandles Updated 

It has been a long time coming predicting BINANCE:PEPEUSDT right from the bottom up to this level printing approximately 740% on the spot. See chart below. Now I bring you fresh analysis since the previous target reached. Looking at the strong movement upward this suggest that PEPE will not be resting anytime soon and infarct, it will be cancelling another...

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Call me crazy but BINANCE:HOOKUSDT will not be joining the bull run instead it will be busy on it road to creating a new ALL TIME LOW at $0.3500 PREVIOUS ANALYSIS OTHER ANALYSIS

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In case you're interested in the previous analysis on BINANCE:HOOKUSDT and you are interested in taking that short here is a 5RR setup. Although I am having a feeling price might not reach the entry precisely by tick. OTHER ANALYSIS

DewyCandles Updated 

This is my top scenario being scenario 1. It suggests that presently the bears are weak and the bullish are taking over price from this moment unlike the second scenario where price has to reach further down before making a new all-time high (see scenario 1 for context). This scenario shows that we are in X-yellow (Expanded Flat), and price will be drawing...

DewyCandles Updated 

I will not be surprised if BINANCE:APEUSDT make a new all time low from where price is making this update a counter scenario to the first scenario The reason for this is because of some few important factors. One is that the community has been weak recently and that affects the fundamentals. Two, despite the move it made in the past few months, we are yet to...

DewyCandles Updated 

Contrary to the first scenario where I suggest a new all time low, this might be what BINANCE:APEUSDT is up to. We might just be on the journey of completing the last leg down of wave Y of wave 2-yellow and then the outburst follows. If you see this scenario as more likely, then it is ok to hold your APE or reenter at $1.562 - 1.330 region and set stop loss at...

DewyCandles Updated 

Now I bring to you BINANCE:MANAUSDT on the primary timeframe after price reacted nicely to analysis on the previous chart on 4 hours timeframe. This is our primary scenario until I see otherwise. See previous analysis on page or comment for context.

DewyCandles Updated 

BITCOIN TO $90K MIDTERM TARGET COULD BEGIN NOW OR A SHORT TERM RETRACEMENT BEFORE It is either we have already began our journey to $90 right now or we see some shocking surprise of 15% nuke to at least $61k before pressing for $90. Either way, I am bullish on BINANCE:BTCUSDT midterm. According to #Ellitiotwave this move since $16k is IMPULSIVE and no doubt we...

DewyCandles Updated 

The possibility of BINANCE:LQTYUSDT is quite many but if we are to look for a bullish scenario this is the best bet. Finished wave 1-yellow at the upper band of the Ascending Channel then the wave 2-yellow completed it retracement at the lower band around the golden Fibonacci zone 0.618% while we are in the journey of wave 3-yellow having completed it wave...

DewyCandles Updated 

Here is my unbiased second thought on $lqtyusdt. If the Ascending Channel on the first scenario which has already gained over 23% since yesterday's post, (see below) breaks then we will have this one. The difference between this scenario and the other is that on the short to mid term, it is bearish while the similarity between both is that on the long run it is...

DewyCandles Updated 

BINANCE:CYBERUSDT have to blow off steam, it is really exhausted at this point having fought the $14-15 region for weeks and it keeps rejecting with a strong wick. I believe now is the time to retrace and only a very strong fundamentals or pure manipulation of price could make price go back to over $15 to take that huge weekly wick/rejection created at...