koryu

koryu Updated 

Lemonade looks like as it has formed wyckoff spring low. As one of my favorite trade setups I entered a long position today. Fundamentally I think that with the success of ChatGPT we could see increased interest in AI related stocks, specially in AI language models. Lemonade (LMND): Lemonade is a provider of insurance-related services. The company is using AI to...

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Its interesting to observe that the eth dominance has been stable around 20% for so long and now going up together with the btc dominance. The lows on the weekly chart are showing an attempt of a parabolic advance. I think a major move is imminent for eth and it's likely to the upside. The eth and btc dominance going up together could mean that this is no a...

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Wilder World is an interesting metaverse project. It has been forming a base over the last year and slowly turning bullish against eth and btc. Took a small position as vc like bet and farming the uniswap LP. Risk is large if retesting the low of the base but looks promising overall.

koryu Updated 

The GRTBTC price has come down a lot and has drawn a hidden bullish divergence on the weekly timeframe setting up for a rebound. The daily chart suggests a bounce with an inverse head and shoulders pattern to target around 545sats +34%. While the next real resistance seems to be around 800sats +100%. To the downside it should not fall back below 360-340sats (-10%)...

koryu

CRYPTOCAP:ATOM has formed a massiv head and shoulders pattern but failed to break down in time, it indicates a trend continuation within the channel. The cosmos ecosystem is growing nicely, I am using the market cap chart because the ATOMUSDT chart does not include the 19% APY yield atom generates. Cosmos is recovering from the UST LUNA collapse and with the...

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disclaimer: i got no idea what i am doing but somehow silver got a 40 year cup and handle pattern in the chart, given the current sentiment and short squeeze potential in the markets, I think it is likely that silver will go back to the midline of the channel at around 100$. After that I got less conviction what will happen next, it might depend a lot on...

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Zcash made a new ATH in market cap already and has left the awareness phase after a two year accumulation phase right before the halving. Each year in october/november there is a major upgrade for zcash (vertical lines), the red lines show the price of zec at these dates. It has now broken all of these levels. If we use market cap instead of price to draw fib...

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I think this cycle's final pump is yet to come. usually btc bottoms around 1 year before the halving and tops with a blow off top before. If history is any indication, I expect a 5th wave pump to 150-200k, blow off top, go back to new fair value at 60-80k, bottom 1 year before halving, reaccumulation, halving, new cycle. My analysis is telling me that btc is...

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while it is still possible that the yellow 3 is not yet over it becomes more likely that btc is already in the 4 wave. if we consider the rule of alternation and view the the 2 wave as ABC, it becomes most likely to me that btc will form a boring large triangle over many months. this triangle would make sense because we will deal with overhead supply from 50-60k...

koryu Updated 

It seems like bitcoin finally bottomed in this swing low with a higher low and a hidden bullish divergence on the rsi. The previous downtrend channel was broken and retested. While it looks scary it actually is more bullish than bearish.

koryu

Twitter hit massive support of weekly ma200, ABC, channel, resistance to support trendline and horizontal support. All the support crossing right now while price exactly at hit. If this is the major low, we can expect wave 3 of 3 after. Risk / reward is amazing

koryu Updated 

I have been accumulating a TWTR position. After the large ABC over multiple years (wave 2) it now consolidated above the correction level. Recently it bounces off the trendline (resistance to support) while forming a hidden bullish divergence on the rsi in weekly timeframe. The all time chart is showing some kind of inv head and shoulders pattern. Twitters...

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btc hitting possible channel support for more moderate downtrend, something to watch

koryu Updated 

btc dropped by 50% in a short time frame and washed out most of the open interest in the futures markets. now it is slowly developing the first bullish structures for a swing low or bottom in the charts. there is an adam and eve bottom forming where the eve is an inverse head and shoulders as targets to the upside we get one range of the patterns at 49k and...

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After studying the cycles and various models I came to the conclusion that its most likely that bitcoin will break 75k and then enter the final and craziest leg of this cycle. When breaking 75k, the price discovery should accelerate and push it way over 100k to blow off top quickly and enter a bear market. Previous bear markets have been -80%, so the current price...

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it could be that bitcoin is still dealing with the 42k top. market was aiming for a abc correction but the tesla buying extended the b wave massively so that this correction looks awkward now and far away from the textbooks. So i think either we are still dealing with the C wave and go for the 5 next, or it is already forming a ending diagonal wedge where the...

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Buying into this natural gas stock, after it bottomed with an inverse head and shoulders pattern, risk reward is 9:1 and giving a 13% dividend yield. I like the setup while nat gas futures look bullish

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