DewyCandles

DewyCandles Updated 

Listed two months ago on Binance BINANCE:RONINUSDT have some potential to go up to $5 in the next 20 - 30 days. I am expecting price to reach inside the box (60 - 90% Fibonacci level) for accumulation meanwhile the invalidation level for short term holding is the previous low. If it breaks it will give us more information for further interpretation. Stay...

DewyCandles

Since BINANCE:RONINUSDT is new, it have bullish potential especially sine it hasn't made any major movement since launch like every other new coin. We have only seen 90% straight run which to me is still very early. The narrative from previous analysis changed slightly but nothing much that wasn't expected yeah, so the accumulation continues as the next point...

DewyCandles Updated 

For this scenario, price could be touching the $0.6 region to complete a wave 4-yellow of an Expanding Leading Diagonal or wave B of an ABC correction. That region is another good area to DCA for the ALT SEASON accumulation. See scenario one for context. OTHER ANALYSIS

DewyCandles

This project BINANCE:ACAUSDT lacks awareness hence the sluggishness but it has potential. Right now the next accumulation is at the 60-79% Fibonacci level and this is the new norms since the previous move 12345-orange is a Leading Diagonal and one thing about Diagonal is that it is mostly followed by a deep retracement - we will be consolidation here for quite...

DewyCandles Updated 

After that huge sink I am convinced that we are in some kind of range for BINANCE:ARBUSDT and the sink will continue till mid May. Looks like winter came in to early. OTHER ANALYSIS

DewyCandles Updated 

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. So this first scenario...

DewyCandles Updated 

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...

DewyCandles

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...

DewyCandles Updated 

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

DewyCandles Updated 

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

DewyCandles

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...

DewyCandles Updated 

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) ...

DewyCandles Updated 

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

DewyCandles Updated 

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...

DewyCandles Updated 

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...

DewyCandles

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

DewyCandles Updated 

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...

DewyCandles

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