Riot has been building bullish momentum towards the upper channel we have had drawn for a while. The RIOT to BTC discount was pretty heavy a few weeks ago. We are seeing a breakout of the RSI trend and lots of buyside volume. The 4 EMAs are starting to curl upward and this is very bullish. If this follows my BTC 40k plan I expect Riot to break above this red...
FTM is on an uptrend with the overall markets, including crypto & BTC. A trend line is forming towards a pivotal fibonacci level. This level will serve as resistance. My short-term target is marked with the dashed green line. If BTC falls or alts take a beating I am eying the dashed red or 28 cents as the first target. The most bullish scenario is abut 53 cents...
Naka hit both of my short term targets after brief consolidation. RSI and volume are on a slow freefall yet price is rising. This means there are less sellers than buyers however we could be preparing bearish divergence which I don't like to use on the 4-hour chart. I added a new local demand for supportive context. My next target is a two week candle body...
Like some other newer to CEX tokens, PYTH seems to be respecting fib extensions. These are pretty hard to chart since they are so new. The chart history is small and the token did launch at a rather large market cap. Volume has dropped harshly as well as RSI, cool offs are good for consolidation. The token did break the multi day downward trend dawn with the red...
INJ has consolidated into the local demand on the daily perfectly over the past few days. The uptrend is starting with emas coiling upward and RSI breaking out of a range. The average volume is up on the weekly. The two dashed lines are historical resistances before we grasp for all-time-highs. The token is ranging right in the middle of the Bollinger bank which...
Sofi maintains the megaphone I have been following for weeks. I believe this stock is heavily manipulated, and therefore VERY hard to trade short-term. This is the first candle body above the 20 EMA in a while and the RSI is on a macro uptrend. Volume has a slight uptrend as well. I think this next quarter's earnings will be the needed catalyst to take this stock...
This Hims GAP play has worked out very well with some washouts that I had to hold through. You can see my entry with the dotted green line which I normally do for transparency. My entrance was after the confirmation of the breakout on that medium term downtrend (purple line) HIMs did have some issues in the meantime but the 8$ strike worked out great. I got all of...
PGY on the daily although heavily corrected does remain on trend. RSI is contracting and you know how I feel about that (big move coming). Volume is on an overall uptrend as well. PGY is very undervalued fundamentally in my opinion. I think the war has effected this Israeli stock pretty heavily. This offers a buying opportunity in my opinion. If you look at the...
INTC looks to be creating a bull flag on the daily chart with a clear upward momentum. All EMAS are facing upward in a strong way. The volume is strong and the RSI remains up trending. After the green fib was taken the famous .5 fib seems to be the next target. Since flags like to mistreat me lately I am predicting a massive bounce off this fib to the golden .5....
Riot is on an overall uptrend on the weekly chart. The stock has been all over the place and extremely volatile, not always trending with BTC directly. The weekly RSI is taking a shot at a contraction breakout currently and volume is on a major uptrend. A previous trend line that served as support must be taken out as resistance for this move to really gain steam....
To be transparent I stuck with my plan and took my 5x by selling 33% at that dashed green like I said I would. I mark my entries with dotted greens btw. I was able to escape on a wick. Once again a candle body is being rejected at this level. I added the fib extensions to the chart and the token seems to respect them decently. You will notice a contracting RSI...
The gala weekly chart looks fairly bullish to me. I drew a fib retracement from the most recent macro swing high and the token has been ranging within the first fib level for months. The first and second attempt at the red fib have failed. The RSI has broken out of a macro downtrend and the EMAs are beginning to curve upward. Volume shows a macro uptrend as well....
This weekly chart has freshly drawn fib retracement levels. You will immediately notice that BTC has had 2.5 weekly candles above the .382 which means the asset is heating up from a low of 15k. The EMA trio are all facing upward and RSI broke a downtrend, the dotted line on the RSI is a high from 2021 for reference. Bitcoin has had a lot of excitement around this...
Pendle has been struggling to maintain the previous channel so I deleted those lines. The chart has respected fib levels very well on the weekly and daily. Price has been ranging between the .618 and .886 respectively. Volume is on an overall uptrend with contracting RSI. A move is coming. Gaming has taken the current hype away from RWA and defi plays. I think...
As I expected the first attempt at this June 2021 resistance was a heavy denial. This could be old bag holders exiting at break even. Traders are also likely to play this key area. The token has quickly dumped into the 4 hour demand here which is rather large. The token was way overheated. Consolidation is needed before another attempt. The RSI remains in the...
The ilv cup and handle did end up playing out hugely, you just had to be patient and not lever yourself into oblivion. This 118$ resistance is likely the largest resistance the token has in its history. Since most of the tokens history is rocketing upward or downward, not much meaningful price structure has been created. This is partially why these tokens can pump...
Naka has blasted through my first two price targets. All 4 EMAs are coiled upward now and the RSI has broken the consolidation downtrend. The current price action sits directly on a fib extension and the next fib is just below 1.9$. The best course for this gaming token would be to consolidate touching the newly updated demand or to hover over the first dashed...
This is a chart I shared a while back and the trend is working out perfectly. Coin is meeting my circle target sooner than expected. With the ETF looming, Coinbase designated as the custodian, and binance law suit decided, Coin is looking for a huge upside in the coming year. I have spot that I entered around 40$ and I plan on rolling long term calls all next...