evasivesteering

evasivesteering Updated 

BNB is on the verge of breaking out of its range, which has persisted since 2021. Most large-cap cryptocurrencies have experienced significant rallies over the past two weeks, and BNB's breakout seems imminent. The proposed trade setup is detailed in the chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is...

evasivesteering Updated 

Correction is happening after SOL has reached its ATH. My Long set-up is as in chart. Entry will be around $200. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

BTC continues its gradual decline despite the ongoing news around wars and macroeconomic conditions. It appears to be forming a descending ellipsoid consolidation pattern. I foresee two potential scenarios for a price bounce: A breakout from the current ellipsoid structure A dip toward the next support level around the $50,000 range The first accumulation...

evasivesteering Updated 

DYdX is currently the fifth-largest decentralized derivatives exchange by total value locked (TVL). Since March 2024, DYdX has lost 80% of its value, with one of the potential reasons being the departure of its CEO in May 2024. However, with the CEO's return, there is potential for the company’s situation to improve. From a technical perspective, the price is...

evasivesteering Updated 

SUSHI would be at good prices to buy and hold for mid and long-term. Indeed, prices revisited the ATL and bounced. Moreover, on 2W TF, a bullish divergence is about to be confirmed (in 9 days to this candle, in green expectedly). The mid-term target would be the trendline resistance and the long-term one is the previous ATH. Thank you in advance for any...

evasivesteering Updated 

ICP is of my interest because of the project, the team and their continuous dev activities. In my opinion, after a long period of declining (check my previous trade in the link below), ICP has found its bottom. However, in short and mid-term, ICP is going to consolidate in a range from $3.5 to $7.5. I'm waiting for it to be back in the demand zone to fill my...

evasivesteering Updated 

DOGE is one of the biggest cryptos and supported by Elon Musk. It seems that DOGE wants make a move after a long period of consolidation in a huge triangle. I look at the CMF values and see some early sign of a potential break-out triggering a big rally. Although DOGE was stable at a strong support (90% down from ATH), CMF has been increasing since August...

evasivesteering Updated 

XRP has been consolidating below $0.6 for almost two years. The current weekly candle is not really impressive when comparing XRP with other big cap cryptos. However, this candle would be a start for future big moves. Indeed, the long-term trendline since May 2021 seems to be broken very soon. The trendline of volume indicator CMF is also being broken. My plan...

evasivesteering Updated 

Hi all, After initial reflection on Bitcoin's long-term prospects (see link below), I would like to make a more detailed analaysis for it in the next two or three years. Development cycles and characteristics I'll devide the evolution of BTC into three main cycles: Cycle 0: From the birth of BTC until November 2021 Cycle 1: From Nov 2011 to Nov 2018....

evasivesteering Updated 

SOL is one of the most affected cryptos by the FTX crash. Without knowing much about its fundamental, I would like to give my view based on TA. In my opinion, along with other large cap cryptos, SOL may have found its bottom (at $8). What will be the worse scenario for SOL than the FTX's fall? May be the crash of all markets? Except this extreme scenario or a...

evasivesteering Updated 

LINK is currently priced attractively, sitting just above the weekly trendline. During Bitcoin's rally from $25,000 to $73,000 about a year ago, LINK was one of the standout performers. I'm buying LINK at this level with a long-term target of its previous all-time high. Disclaimer: This analysis is based on my personnal views and is not a financial advice....

evasivesteering Updated 

LTC halving has just happened on 2nd August 2023. Compared to the previous halving in 2019, prices are similar but LTC's bases of today are more solide: trippled total adresses , doubled active adresses, doubled hashrate. In my opinion, LTC is still in an accumuation phase in a big range $58-$114 and this would continue for months, maybe until the next halving...

evasivesteering Updated 

SUI has successfully broken the weekly resistance level, and a retest appears highly probable. Let’s wait patiently for an entry opportunity, expected within the highlighted yellow area on the chart. Take-profit and stop-loss conditions are also outlined in the chart for reference. Disclaimer: This analysis is based on my personnal views and is not a...

evasivesteering

BTC has broken above its weekly trendline resistance, although prices remain below the monthly resistance level. Trading in this range is challenging and requires quick adaptation to shifts in market sentiment, driven by political factors (such as the U.S. election and global conflicts) and macroeconomic conditions (like the Federal Reserve's stance on rate...

evasivesteering Updated 

TIA is breaking out its trendline with a good green candle. Setup is proposed as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering

Alongside my longer-term analysis of BTC, I'd like to share my outlook for the short term. In my view, BTC appears to be forming an accumulation pattern in line with the Wyckoff method. If this holds true, BTC may return to the inner range in preparation for its next breakout attempt. A strong buying opportunity is likely near the lower boundary of the current...

evasivesteering

BTC has just broken the local resistance, in 4H TF. A long set-up is as in chart. I opened trade at this price and add more when BTC retests $60800 level. Final target of this trade is the monthly resistance at around $74000. Before this level, BTC needs to break the 1D resistance trendline. Disclaimer: This analysis is based on my personnal views and is not...

evasivesteering Updated 

BTC prices have been consolidating below the monthly resistance for almost 3 months. This is bullish. In my opinion, a bull flag is being formed. My strategy is as follows: If a monthly candle closes above the monthly resistance trendline, it's a BUY signal. A better BUY would be when price falls to the lower range of the current flag, around $57000 -...