AndyTheKing

AndyTheKing Updated 

XCNUSDT is in the optimal buy zone after the retracement of the ~200% pump in December 2023. With enough time, volume and attention - it's possible that this coin eventually works back to the middle of last year's range @ 0.0094. This would represent a 600% gain from current prices. Zoomed out - weekly view: Hit the BOOST button if you like my analysis and...

AndyTheKing

Jan 2021 lows have been taken out, with a swing failure pattern forming on the monthly. If the March candle can close like this in a couple of days, I anticipate the beginning of a long period of RVN outperforming BTC. Let's get it. Hit the BOOST button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.

AndyTheKing

Roughly two and a half years ago, the accumulation of RNE seems to have begun by strategic entities ("insiders") of this company. If price can break out of the accumulation range (0.042 - 0.104), a promising multi-year uptrend looks likely. Until then, the POC at 0.063 might put up some resistance. Traders can look to buy any breakouts above top of range....

AndyTheKing Updated 

From a technical perspective, Brainchip Holdings (ASX:BRN) ticks all my boxes. I believe we're at an ideal buying location for both traders and investors looking to add to their position. My reasoning: Location: Bottom of range Structure: Triple bottom, "W" price structure Divergence: Huge OBV div, confirmed div in histogram, Willy div VPVR: Currently...

AndyTheKing

I love the VPVR - volume profile study. It tells us so much about inefficiencies in liquidity and where price is most likely to go. As per a general understanding of price action, price tends to follow the path of least resistance towards areas of greatest supply or demand. We've popularised terms such as stop runs, liquidity hunts to discuss this basic...

AndyTheKing

Lots of potential for ANTBTC and ANTUSDT over the long term. TA technicals aside, I love the "digital communities" FA behind this product, especially as we continue to move increasingly decentralised in the way we work. Good luck! Hit the LIKE button if you find my analysis valuable and want to support my channel. Follow to make sure you don't miss any future...

AndyTheKing Updated 

Love the look of SXPBTC and SXPSUDT here. Cup and handle chart pattern on both pairs, coupled with some strong fundamental news coming out. The longer the accumulation, the bigger the pump. Excited to see where this one goes. Good luck! Hit the LIKE button if you find my analysis valuable and want to support my channel. Follow to make sure you don't miss any...

AndyTheKing

Using the volume profile (VPVR), we can see confluence between the 2009 swing low and the bottom of "value". This immediately gives two reasons to signal that the tide may have turned in favor of the bulls. The value high @ $3.845 lines up with the midpoint (50%) of the entire chart, which gives extra validity to that price level acting as significant high...

AndyTheKing Updated 

From a high timeframe outlook, ONTX looks primed and ready to go. However, as a rule of thumb I do not chase up markets. Sure, the price can keep going up but there are ALWAYS other opportunities that can be capitalized upon with cleaner entries. A retest and continuation of the 0.382 fib would be the most aggressive and likely realistic entry. Failing that, a...

AndyTheKing

Similar to the SNDL chart I posted yesterday, FUBO is cooling off and returning back to a more reasonable buying zone. Despite Twitter being bullish at current price levels, I believe a more ideal risk/reward long trade is a bit further down. Technical reasons for the trade: → Price has exploded on high volume . This means more eyes are on this stock, with...

AndyTheKing

After an impressive run up on high volume, SNDL is cooling off and returning back to a more reasonable buying zone. Technical reasons for the trade: → Price has exploded on high volume. This means more eyes are on this stock, with people who missed the first move wanting in on the action → Very little volume traded overhead. When this breaks the old highs, it...

AndyTheKing Updated 

Bitcoin looking extremely heavy at these levels. With world news around COVID-19, the resolution of US elections and a bottoming US dollar index (DXY) in play - are the BTC bulls still confident to step in here and buy? Technically, I'm doubtful. Technical reasons for the trade: → Divergences in OBV, RSI and volume → 50% Retracement lines up with VPVR support...

AndyTheKing Updated 

Nice structure being put in at the lows with Sundance Energy Inc, a 13M energy micro cap. Technical reasons for the trade: → Support formed at range low → Very nice OBV - buyers happy to step in → Price gaps above on the 1D and 1W → Double bottom Market structure → W in RSI Good luck! Hit the LIKE button if you find my analysis valuable and want to support...

AndyTheKing

Price is currently at the range low, building up support at the EQ of the weekly order block. Technical reasons for the trade: → Range low, trading at the weekly OB EQ → Double bottom price structure on the weekly. Price structure also forming on the 1D → Buyers have been accumulating between 200-300 sats according to volume → Clearly defined risk window Good...

AndyTheKing

Trading petroleum micro caps doesn't sound glamorous... but every now and then you can unearth some absolute gems. I believe TAT is one of those gems. What an absolute gift this setup is! Technical reasons for the trade: → Divergence in macd/histogram and OBV → LOOK AT THAT OBV! Big buys coming in at these levels → Trading above the POC → Significant...

AndyTheKing

Lovely setup coming in here on IO. I anticipate a move back to the middle of this year's range @ $5 if price can break through the POC @ $2.84. If the POC is broken, price should move quickly to target. Technical reasons for the trade: → Double bottom (and another smaller double bottom recently!) → Price still trading within the reload zone (0.618 fib) → Daily...

AndyTheKing

SLRX has formed a perfect bottoming pattern on the weekly chart. Technical reasons for the trade: → Double bottom (and another smaller double bottom recently!) → Highest weekly volume ever → Break above the POC → Price still trading within the reload zone (0.618 fib) → Weekly price gaps above make for some nice targets → Clearly defined risk window Good...

AndyTheKing

The STAKEWETH chart (Stake / Wrapped Eth) is so clean that it basically trades itself. Technical reasons for the trade: → Double bottom at the 0.886 fib → Rising volume on the 1D → Trading below value on the volume profile → POC lines up in the kill zone - easy to plan for exit! Good luck! Hit the LIKE button if you find my analysis valuable and want to...