EthanTW

EthanTW

4h time frame - XAI was going up with an uptrend line, but went a downward breakout before. However, XAI pumped back above this uptrend line within a short time, which was a strong signal that good for further pump. Also, that fake breakout hit the 0.382 Fib Projection, and we can use it to predict the first target at 1.8. - TP: 1.8~1.95 SL: 0.969

EthanTW

4h time frame - JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern. - TP: 2 / 2.7 SL: 0.77

EthanTW

1h time frame - MANTA go down to support zone with a falling channel, this zone is around 2.4~2.6. From the channel structure, we can see that MANTA got resistance again and again once touching the channel top. Now, MANTA is going to challenge the channel top again, and it is very close to support zone, that provide great risk to reward ratio to long MANTA. - TP:...

EthanTW

4h time frame - Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio...

EthanTW

1h time frame - 1CAT is retesting the support of the rounding bottom and 0.382 Fib Retracement. Also, 1CAT is creating a small uptrend line from those two wick lows. Further, the structure of previous high around 0.15 is helpful for us to see as critical resistance, if 1CAT go above it, next is 0.02. - TP: 0.015 /0.02 SL: 0.0068

EthanTW

1D time frame - LOOKS is retesting the huge falling structure now, this structure began from 0.5 and went over 600 days. This breakout means a sign of strength, which target is the previous high at 0.5. Therefore, we can set up a trading plan while LOOKS starts retesting the obvious support zone. - TP: 0.476 SL: 0.05

EthanTW

4h time frame - RDNT creates and retests the rounding bottom structure, that is a stable and strong structure to maintain the pumping momentum. Also, the Fibonacci Projection provides the target at the 0.49, which is the previous high, making reasonable resistance. Therefore, we can set up a trading plan here. - TP: 0.49 SL: 0.31

EthanTW

1D time frame - IOTA is creating a standard and strong accumulation zone, this bottom ranges from 0.15~0.35. Currently, IOTA just gets rid of the bottom and starts retesting it, price action is critical in near future to check the strength of breakout. If IOTA can keep being supported from 0.3~0.35, it will pump soon and final target is 2. - Target: 2

EthanTW

4h time frame - MEME is creating a potential Cup and Handle structure since reaching 0.057. Target of this CH is 0.067. Furthermore, according to Fibonacci Projection, there is a projected target from 0.382 to 1.382, which pump momentum will push MEME to 0.067. Structure and Fibonacci both point that 0.067 is the critical resistance, that is 'target...

EthanTW

1h time frame - MANTA performs a standard Wyckoff Accumukatuon Methods, which provide guidelines for identifying trade candidates and entering long positions. From chart above, we can recoginze obvious phases of Wyckoff, icluding AR / ST / Spring / LPS / SOS. Currently, MANTA is probably under the SOS phase (Sign of Strength), that is a price advance on...

EthanTW

2h time frame - 1CAT increased by 200% since we shared the trading plan on Feb 11th, link as below. - Now, 1CAT is creating a potential cup and handle which is a continuation structure, that means 1CAT will go to 0.015 if break above the neckline of this CH structure. Considering the risk and reward ratio is not good if put entry at neckline, we can set entry at...

EthanTW

1h time frame - STRK is retesting the support zone at 2.1~2.2, which is made of structure and Fibonacci Projection. Also, there is a potential falling wedge working, and might bring STRK back to 2 in near future, so we need to set SL lower to avoid liquidation. - TP: 3 / 3.4 SL: 1.98

EthanTW

1h time frame - MOBILE is consolidating for around 2 weeks, the consolidation top and bottom are clear to see. Also, we can use volume profile on chart, then the comparable high accumulation price is 0.0036. Furthermore, Fibonacci Projection help us to estimate the other support, which is 0.0035, so we could set up a trading plan as below. - TP: 0.0053 SL: 0.00297

EthanTW

4h time frame - DYM broke the downtrend line with a double bottom structure. Currently, DYM is retesting the neckline of this double bottom, this support works well so far. Furthermore, there are two ways to set up targets, the first one is set from double bottom, that is 7.5, the second one could be estimated through Fibonacci Extension, which is around...

EthanTW

4h time frame - SUI is getting support at 0.618 Fibonacci Projection which made of the wave from 0.36 to 1.7. Furthermore, SUI also retested the 0.382 Fibo Projection twice, that is measured by the new and smaller wave. These retest present great support for SUI at 1.36~1.5, and allow us to set up a comparable well trading plan. - TP: 2.1~2.2 SL: 1.33

EthanTW

1D time frame - We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below. - Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan. - TP: 0.4 / 0.45 SL: 0.215

EthanTW

4h time frame - BLUR is creating a small diamond structure during increasing way. Diamond is a netural structure that doesn't tend to be pump or dump; however, BLUR is getting support from the uptrend line of this diamond, and almost complete the retest of cup and handle, all signs show current support is effective. - TP: 1.2 SL: 0.63

EthanTW

1D time frame - PERP made a rounding bottom and corrects so far. PERP hasn't made any obvious structure with current correction (2nd wave), but there is a critical support zone at 1.07~1.27, which provide good opportunity to set up entry for next potential pump (3rd wave). - TP: 2.69 / 3.95 SL: 0.985