DewyCandles

DewyCandles

This is the first scenario where i believe we are about to experience the last leg down to complete the Elliotte wave 5 wave diagonal. Minimum price target for this scenario is $0.62

DewyCandles

This is a random shorter timeframe analysis for a quick scalp. You can take the 3%. Let me know in the comment section if you would love to see more of this lower timeframe analysis.

DewyCandles

Zooming out from the higher timeframe to the lower timeframe, this is how the X of the WXY (orange) of wave C-yellow is expected to unfold (see previous analysis on higher timeframe for context). If you need more clarity, make sure to ask question on the comment section as I would be answering you.

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In this video i analysed from top to bottom what to expect for the altcoin. There are 3 scenarios in total one being bullish in a short to midterm and 2 bearish in the mid-long term. This analysis takes into consideration the classical analyst view and the price action analyst.

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NZX:GMT scenario 2 seems to be the favorable scenario after scenario 1 after it has been invalidated (see the previous analysis for context) Now I have a not entirely new scenario that stays in between scenarios 1 & 2. It means we're in some kind of Elliotewave Expanded Flat X-cyan on macro and we've just completed wave B-yellow of it ABC and we're about to...

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Among other scenarios i posted earlier this scenario played out. Now there are few new scenarios but i will refrain from posting them so not to complicate things. The next target (bearish) based on this scenario is 0.00000122. see previous scenario on page for more context...

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No big change to pepe so far but yes, we have some new scenarios added to it. This scenario is the one that invalidates the 2nd scenario. We haven't finished the 5th wave and we are in a wave 4-blue but unlike the 2nd scenario, it is unfolding as a Barrier Triangle in which we are just about to end it wave D-purple then price will head down to complete wave...

DewyCandles

No big change to pepe so far but yes, we have some new scenarios added to it. One of them is this this idea that unlike the 1st scenario, we haven't finished the 5th wave and we are in a wave 4-blue which is unfolding as a Contracting Triangle in which we are just about to end it wave E-purple and breakout of it to complete wave 5-blue.

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Following through on the 1st scenario I posted 2 weeks ago, now we are very close to ending the wave C-green of wave 1-orange if truly this scenario is going to play out amongst others. Price will start to drop following the arrow (white line).

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This is a quick scalp for #pepe. It is somewhat obvious that we are in wave B-green of this impulsive move. However, the wave ABC-blue of the wave B-green could be an Elliottewave FLAT pattern (yellow arrow path) or a ZIGZAG pattern (white arrow path) hence 2 scenarios is depicted on this chart. FWB:PEPE #Scalp #Crypto

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A classical analytical rule is that for a trend/line to be valid it must test or react to the line at least 3 times. Now we have the 3rd reaction and a sharp bounce followed by a breakout of the channel on the 4HTF. If the daily candle loses above the channel, then we will have a confirmation of a bull run for #APT. (See 2nd scenario on page for more context)

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NYSE:APE you're still early. See previous analysis on page for context.

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Normally, the #Marubozu candle beneath the 62% Fibonacci is a red flag but shouldn't conclude yet since the day is not over, it can turn into a shooting star with a long wick. But if the candle closed like that and opened beneath the all-time trendline just short the hell out of #BTC!!! So what's my personal bias if you ask me. I don't think bitcoin will crash...

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On the weekly chart which represents a long term, but has retraced down to the .60% Fib. ret. level ($29,000 - $32,000). Now, this point is a strong support level because from this point in previous times, uptrend/bullish reversal usually occurs. a CANDLE CLOSE below the .60% Fib. level ($28,477) will send it to .78% ($18,365) for further confirmation if...

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Generally APE is in uptrend but you know, wouldn't it be nice if you know where to take profit along the line and when to re-enter on the lower timeframe? Your like and comment will make me publish all the intraday analysis LFG!

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Interesting fact about the current APE situation here I give detailed analysis. First, Ape breakdown from the overall 70% Fibonacci retracement which is unlikely, then it went further to break the 100% Fib. retracement again this is very unusual considering how bullish the APE market was but it happened due the the overall catalyst (BTC, UST, LUNA). Now here...

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Generally, ARPA is on a ranging downtrend but that's not what we here for. Interesting thing is, it's repeating the same proportional movement is of mid March to April. This is a good time to build a long position if all things being equal from the current position, we are expecting 35% profit on Spot and 350% on Futures using x10 leverage. Target:...

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Two scenario here... after breaking out of the falling wedge price retested and couldn't continue the bull run hence, breakdown, which turns to a descending triangle. Right now there's no sign of reversal as volume is absent in the market and price could possibly poke out to touch the weekly support trendline. Hold while we keep watch and update you on the next move.