Bitcoin is likely to drop to $74,000 before heading higher because it needs to reset after an overextended rally. The $74,000 level acts as a strong support zone, where the price can consolidate and build a healthier base for the next leg up. The market appears overbought, with momentum indicators signaling the need for a cooldown, and the current price is far...
Looking at this chart, it’s clear that there’s a positive sentiment around LTC. The price is hovering nicely above the moving averages, which is a sign that things are on the upswing. The moving averages are neatly stacked, and the price is respecting that pattern, indicating a solid upward trend. The volume is quite heavy as well, suggesting there’s serious...
APT is in an uptrend with a strong bullish continuation. I’m expecting a move that will retest its ATH. The divergence and EMAs are showing a good buying opportunity.
I usually explain myself, but just trust me on this one. I only post a chart from my phone when I’m away and it’s urgent. This is an obvious buy.
Ordi is showing a strong bearish divergence, failing to break its recent highs. Each attempt to retest these highs is met with strong selling pressure. My SL is set just above these highs and my first TP target is at the 0.618 Fibonacci retracement level. My final TP is aiming for a longer-term trade where I anticipate Ordi to eventually retest its previous...
SLP is showing a strong bullish divergence on the 4-hour chart, indicating a potential uptrend. The Money Flow Index is in the green zone, signifying positive buying pressure. Importantly, the price is sustaining above my EMA’s, which supports my sentiment. My TP is set at the 2.618 Fibonacci level. This chart based off of The Elliot Wave Theory, Fibonacci,...
Blur is facing intense selling pressure, creating a resistance level for any upward movement. We’re also seeing a bearish divergence, coupled with wicks that are consistently facing sell-offs at the resistance points. Bull flags that are gearing up for another leg up don’t react this way. I’m going to keep building up my short position and the stop loss is...
LIT has just rebounded off of the EMAs, accompanied by the stochastic resetting, providing a clear signal of a bottom formation and confirming the initiation of the next bullish wave. Keep a close eye on the .74 price level, as this is where the majority of trading volume is concentrated. Once we break this zone, my target is the 1.618 fibonacci level which almost...
GFT appears to have completed its Elliott Wave structure with the culmination of the Wave 5 along with a bearish divergence on the 4-hour time frame. VWAP has signaled a transition in the money flow, particularly subsequent to the most recent bearish 4-hour candlestick closure. Projection-wise, Wave A seems like it's heading to the .618 Fibonacci retracement level...
Amb has just bounced off the 0.618 Fib level with strong volume behind it. I'm currently eyeballing a retest of this crucial resistance zone. The .618 retracement will fuel this Wave 3 move. Wave 3 is traditionally the most powerful and dynamic of the five-wave cycle. Given this, I'm anticipating a significant push to the upside. I feel confident in my target...
Bel is making a solid rebound off a key support level with bullish divergence on the daily chart. The volume surge is substantiating this support zone, with the money flow metrics clearly leaning to the bullish side. The 1.618 fibonacci is my target and the liquidity in that area support it. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD...
Lever is in a strong bullish trend, with the higher high on the Daily VWAP indicating a potential breakout. This could help Lever break through this resistance and reach my 1.618 Fibonacci target. With a 3:1 risk-to-reward ratio, it's too lucrative to pass up. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and...
Tomo's chart is showing some strong technical signals. We've got a covert bullish divergence on the 12 hour chart. Combine that with some VWPA strength and the Money Flow is also suggesting heavy capital influx. If we can puncture this resistance level, TOMO could be making a run back to its last peak. Also, the 12-hour chart has been bouncing off of the 50 EMA,...
Cetus just broke the .618 Fibonacci level on the 8-hour chart and the strong volume in this breakout suggests potential upward momentum. Additionally, it cracked the 50 EMA with conviction, indicating a strong bullish sentiment. With this amount of volume and momentum, it's likely that the previous resistance won't be able to hold, and my target is set at the...
Tomo has formed a strong bearish divergence on the 8hr time frame at the top of this resistance. The low volume here can’t sustain price at these levels. The .618 Fibonacci level lacks strength, so I’m expecting it to retest support. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined...
Doge is primed for one final pump before the Bitcoin rally concludes. The Vwap indicates a bullish momentum, and the money flow has flipped to the upside, signifying significant money inflow. Doge will have a blow off top before the Bitcoin rally ends. I'm closely monitoring the resistance level, but it's possible for the price to move towards the 1.618 Fibonacci...
Based on the analysis of Bonk's 8-hour chart, there’s a bullish divergence pattern emerging. This pattern suggests that there’s positive momentum and money flow coming in. Also, Bonk has successfully held its support level, indicating a potential area of strong buying interest. The retesting of the breakout reinforces the notion that the price is attempting to...
Audio has a bull flag pattern forming, indicating a potential upward trend. Additionally, the height of the flag suggests a possible 10% move. The money flow is also turning positive while price consolidates here. With these indicators aligning, it seems like we’re going to pump hard here. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD ,...