Volatile moves all across the market due Russia - Nato conflict so its really hard to make a sense of price movements in the short term. But long term charts don't give a f... about short term noise. Btc must keep the channel for a potential upside move. The bearish scenario if we loose the channel would be a real bloodbath and probably a long bear market for...
ACA/USDT I was looking for a drop back to search for a bottom and I have two targets to watch out for. Will be watching first before accumulating.
Dot has seen a 55% drop from ATH despite the parachain auction events. We are sitting on top of a strong support zone for now and in case it fails, we have the ultimate support zone which is really hard to fail for this cycle ( yes I'm assuming the BTC cycle is not over yet otherwise there is no point in trading alts anyway :) Momentum is oversold, the only...
ALGO buy zone between $1.0-1.15. Might see a prior minipump before the dump towards the zone which is a strong support area to be hold.
Same old levels for buying ATOM once again. We are in a range and breakout will be really fun.. Watching the same levels for strong bounce for now. Short term upside should not fool you for a bull run, sty safe. Peace
Atom has been consolidating deeply as the other alts. I never thought we would see below $25 in this one but it is declining with such a pace one still wonders how far it would drop.. Anyway I have two strong support areas for a possible bounce with blue price targets. There are still no signs of a reversal on the lower time frame so it would be safe to get one...
I see Avax as a possible short opportunity to below $100 for 20% profit chance with stop above previous high.
Silver printing a bullish reversal pattern on daily and it might test the descending trendline, which I will be watching closely. I'm bullish on SILVER on midterm, and I hope this pattern plays out so we can flip those red lines with green.. Peace
First, this is only a fantasy, it will probably not happen but I just draw the things I want to see if I am going to be exposed to a position. At the moment, we have nothing but a downfall. Unless the downside momentum slows down, this scenario will not be valid and we will be back at much lower prices. In case a price action like this happens, watch you momentum...
This will be my plan for FTT play till the end of year or maybe early 2022. Calculations made on fibo and meaningless trendlines :) Fingers crossed. Peace.
Still following the weekly scenario as mentioned in Would like to point out a shorter term move and potential resistance area to watch out for.
THETA is a lovely project focusing on decentralized streaming. As the price goes, as low as 3.80 can be met technically. Need a bullish candle pattern to confirm the start of the trend but I never chase the bottom. As in probability, this has a better chance on upside the way I see it. These prices seem to be good levels for accumulating and my targets for next...
Reversal patterns printing on daily, oversold stoch on weekly and selling momentum is slowing down. We might be bottomed out and this on has a good R:R. The support area should be help no matter what or this trade is a stop :) will try to update this in time.. Peace
With monthly - weekly - daily momentum all in oversold territory, BABA is currently sitting just above a crucial support on the weekly chart. I will be expecting a bounce and spending some time in the highlighted area for a while.. I'm on the long side as it has more probability in my point of view and last weeks close was a gravestone doji. I think we are...
Ripple is still above its major support area accumulating. You never know when this guy pops, it has a tendency to surprise the market. I will be watching this breakout from the marked area which will drive XRP token upwards with a catalyst probably. Breakout above $1.40 is crucial for this idea Three targets marked for midterm, with first two being...
TLM is getting tights. Might expect another retest of the support region and breakout. Entry should be close to the green box to minimize risk. Got 4 targets for TP and invalidation below the pattern. Enjoy!
Now that my bear scenario is off the table, I was looking for an alternative bullish cycle other than the one I posted before, which I will link as related idea below.. A more possible scenario in my mind would be a midterm 5th wave extension might be in due. I highlighted the important gann trend lines that would be acting as S/R and put in some fibo levels to...
I have two scenarios in my mind and both of them shows the same direction