Kadena, KDA, deep retrace sets up 100x algo targetanother deep one but it's off to a great start. Love the swing failure pattern (SFP) into the 0.707 fib. hallmarks of smart traders accumulation a position before running it in the opposite direction, in this case higher.
the way I see it, the shallower the retrace, the stronger the coin. for example looking at ADA, 0.5 fib was the bottom & that says "strong af". a retrace to .618 - .65 is perfect for this setup (see my other charts) & .707 is deep but fairly common in crypto so its still an excellent risk to reward trade.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.77 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $1.23
Resistance: $5.70 - order block + bear golden pocket.
Target: $123
Chart requested by @beebbeeb
taking initial (+ some) off at resistance gives a free shot @ 100x with the rest.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Algotarget
Alice, Invers H&S + potential algo target at $107, 74xthis technique is experimental. since Alice doesn't have data going back the lows of 2020 I've pulled the fib from the from the all time highs and set the lows of price action to be in line with the 0.707 fib. this should give a conservative algo target if it runs with the rest of the market.
disregarding the fat finger wick, there's also a inverse head and shoulders target that lines up in the same area as the order block and bear pocket.
no idea if the algo target will play out, but if it does I'll defiantly be adding this tequnique to my arsenal.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $1.07 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $1.46
Stop: $1.00
Resistance: $6.78 - order block + bear golden pocket.
Inverse H&S Target: $8.80
Potential Algo Target :$107
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Uniswap, UNI, golden pocket sets target at $107, 11xAnother golden pocket special...
Uniswap is still the leading dex. this pumps with the rest of the market. 11x incoming.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $4.58 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $9.00
Stop: $6.50 / 3.75
Resistance: $16.65 - order block + bear golden pocket.
Target: $107 - 11x
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Chainlink, LINK, Golden pocket sets up 7x, $125, Target 2: $500I've been pretty cautious about projecting higher than the -0.236 algo target this time around but somehow 7x doesn't feel like enough for link... so I've added the second target. I really like this chart. looks very nice.
solid accumulation just above the 0.618, tested and rejected at the bear fib pocket, with a higher low put in at the next golden pocket. seems ready to try again. It also looks like a big cup and handle that gives the same target as the 1st algo... so maybe that is all it gets. even still, 700% for a coin this large and this solid is pretty nice. we get spoilt in crypto don't we?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $8.71
Ape Entry: $14.30
Stop: $9.80 / $7.90
Resistance: $21 - order block + bear golden pocket.
Target 1: $125
Target 2: $500
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Constellation, DAG, golden pocket sets up 43x Algo target, $1.41another excellent Risk : Reward trade.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.0264 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.032
Stop: $0.024
Resistance: $0.146 - order block + bear golden pocket.
Target: $1.41 - 43x
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Harmony, ONE, Golden pocket sets up 100x algo targetdecent setup, doesn't get much better than this. this is why we got into crypto, these asymmetric risk to reward plays. bet $1000, worst case you lose it all, best case $100k...
a lot of people were excited about ONE last cycle... Are they still in the game?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.0107 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.014
Stop: $0.01
Resistance: $0.08917 - bear golden pocket + $0.119 order block.
Target: $1.47
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
XEM, algo targets all set for $23.23, 946x! If I don't post this crazy stuff who will? + I'll make for some epic street cred if it actually plays out 😂
market cap yada yada, 200b yada yada, yeah i know. it seems pretty improbable. but hey, I'm just reporting what the chart says. Its either a 0.5 or a .786 fib retrace so the algo targets are set for much higher. what is XEM even doing these days?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.013 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.0248
Stop: $0.017
Resistance: $0.219 - order block + bear golden pocket.
Target 1: $10.36 - 461x
Target 2: $23.23 - 946x
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Chiliz, CHZ, golden pocket sets 35x target $2.80for this one I've used only this last wave to measure the fibs. it gives a lower target than the full low to high but is you can see this is the algos range by how they reacted in the golden pocket. still 35x aint too shabby.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $.055 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $.076
Stop: $.059
Resistance: $.26 - order block + bear golden pocket.
Target: $2.80
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Ethereum Classic, ETC, golden pocket sets 14x algo target, $450this is a great example of how this setup plays out. 2018 triple bottom in the golden pocket then wicking through the algo target in 2021. lets see if history repeats...
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $14.80 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $29.40
Stop: $20
Resistance: $42 - order block
Target: $450
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Audius, AUDIO, .707 fib retracement sets up 140x Algo targetLove what these guys are building. great platform. go check it out!
the .707 fib is deep but the setup still looks good. double bottom into the golden pocket with a final liquidity sweep to .707 provides an excellent Risk to Reward trade.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.10 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.13
Stop: $0.095
Resistance: $0.67 - order block + $1.12 bear golden pocket.
Target: $18.39
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
MultiverseX, EGLD, deep retrace sets up 53x Algo targetI seen a lot of this during the last cycle, deep retrace to 0.707... it was as if the big players had worked out that we were entering at golden pocket, so they shake us out by running it lower to the 0.707. To counter that I started entering on the .707 but they even started running through that before rebounding. fun and games 😂
While this is weaker than a few of the others I've posted I wouldn't count it out. last all time high was $475 for a mc of 10b. the algo target is $1582 giving a mc of 43b... yet another one that seems a bit extreme. again, not impossible, just extreme.
I've never looked into EGLD, is it something I should own?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $22.5 or a 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $29
Stop: $20.80
Resistance: $131 - order block + $157 bear golden pocket.
Target: $1582
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Axie Infinity, AXS, 0.5Fib retrace sets up 179x Algo targetIDK about this one... last all time high was $166 for a mc of 10b. this time supply is 3x that and the algo target is $955 giving a mc of 146b... not sure about you but that seems a bit extreme to me. not impossible, just extreme.
I'm actually surprised by axs, I thought this would go to zero. But to retrace and triple bottom on the 0.5Fib, that suggests strength... maybe I overlooked something. anyone have a theory why this is so strong?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $4.08 retrace of this impulse wave (if we get one)
Ape Entry: $5.34
Stop: $3.75
Resistance: $41.90 - order block + bear golden pocket.
Target: $955
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Decentraland, MANA, 0.5 fib retrace sets up 71x Algo targetTriple bottom on the 0.5 fib suggests this is strong & when the narrative comes back around, it's is one of the metaverse leaders... See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.264 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.364
Stop: $0.254 - or under previous low
Target: $26
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
The Sandbox, Sand, Golden pocket sets up 100x Algo targetGolden pocket special...
I like sand, and when the narrative comes back around, this is one of the metaverse leaders...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.26 or 0.618 retrace of this impulse wave (if we get one) - best place to enter. allows for tight stops.
Ape Entry: $0.31
Stop: $0.25
Target: $32
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Coti, Golden pocket retrace sets up 16x algo targetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.079 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.114
Stop: $0.075
Target: $1.91
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
VeChain, VET, Golden pocket sets up 29x Algo TargetGolden pocket special...
to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details.
The Trade:
Preferred Entry: $0.02275 or 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $0.0284
Stop: $0.0213
Target: $0.858
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Crypto market pulse check pt.1 Bullish?My first video analysis
I go through this watchlist every few days to get a feel for market sentiment, here I've skimmed over about half the list, but it is due for an update - what should I add?
Making posts for every chart takes way too long. video make's it easy to smash through the charts so If there's something you want charted let me know.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
AUD:SGD Inverse Head & shoulders, Macro long, +47% TargetMacro change in AUD vs SGD, golden pocket reacted nicely for a higher low & beginning of up move for the right shoulder of the inverse head and shoulder. There are 3 decent trades here: Inverse H&S, Algo and pitchfork reversion. looking for a pullback for an easy entry with tight stop but could also enter here for a decent R:R
Key points:
Reversion to the mean @ +22% - 7.3R with 80% probability as long as the pivot holds. target increases the longer it takes to hit.
Algo target @ +22% - 7.3R
Trade to the neckline @ +10% - 3.3R
Inverse head and shoulders target @ +47% 15.3R
Waiting for a retrace and local 0.618 enables tighter stops and a much better R:R
The trade:
Entry 1: here - 0.91949
Entry 2: after a local retrace, enter @ 0.168fib
Entry 3 once inverse H&S has confirmed enter on the re-test of neckline
Target 1: neckline ~ $1.02
Target 2: Algo $1.12621
Target 3: Inverse H&S $1.35258
Stop 1: 0.89144 - below local 0.65fib, move up until local high is established
Stop 2: after breakout, monthly close below neckline - may give a better exit on a retest fro below neckline
Risk management: position should risk no more than 2% of account balance for a drawdown.
If given the opportunity with additional .618 retracements add to position & move stop to new .707. Take profit at targets and re enter on pullbacks.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
VRA:USD Mean Reversion Targets: +120% / +500%, Algo: +3x / +80xVeracity looks set to pamp! There's multiple golden corner mean reversion trades in play with 80% odds of hitting their targets (as long as the lows hold). This Elliott wave count suggests that Verasity could be entering the most explosive wave, the 3rd with multiple algo targets above. In the past I've noticed setups like this often fail to hit the LOG targets for a 3rd wave so I have left them off this chart and am instead focusing on the higher probability mean reversion and algo targets.
Key points:
2 Pitchfork mean reversion trades in play, these are the highest probability trades. Great R:R
2 algo targets in play, these are the second highest probability trades.
Potential for explosive 3rd wave
Expect resistance at the first pitchfork median line as the weekly resistance is also in line with this target
Expect heavy resistance at order block (also contains bear golden pocket)
Risk of lows being swept, re enter on a 1-2 retrace if this happens.
The high level Elliott wave targets are $4 & $32, I DON'T BELIEVE THESE WILL BE HIT.
The trade:
Entry 1: as close to the golden pocked as possible, current price: 0.0042500
Entry 2: wait for a .618 retrace if lows are swept and price rebounds.
Pitchfork Target 1: 0.008788 (moving higher): 8.7R
Pitchfork Target 2: 0.25 (moving higher): 38R - THIS IS THE BEST TARGET, best odds, should play out even if this is corrective & there should be a decent retrace when this hits.
Algo target 1: 0.017: 24R
Algo target 2: 0.35: 647R
Elliott target: 0.056: 97R
Stop 1: 0.003787
Stop2: below the .707 of the swing from the new low if sweep happens
Risk management: the stop loss is a significant drawdown @ about 11% so compensate for this by entering with a smaller position (risk no more than 2% of account balance for the drawdown)
If given the opportunity with additional .618 retracements add to position & move stop to new .707. Take profit at targets and re enter on pullbacks.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.