If you look at my total3 chart idea you will see I am short-term bearish here, all of my tracked altcoins are breaking medium term channels downward for the most part. I would not be adding spot here personally. I am short major alts/gaming right now. I have not sold my spot entries. Sol will probably be an indicator for altcoin corrections moving forward since it...
Total3 has been in a massive high grade channel trending upward. Volume is historically much higher than the last year and RSI is trending up on the long term. I think we are at an inflection point for a potential larger correction here as many alts I have been following are breaking their channels downward. The dashed red line is an area of high interest for...
Sofi seems to be magnetized to the .114 Fib that I drew on the daily from the most recent macro swing high. The megaphone channel is still in play and the stock really cant catch a break. Between insiders selling and their loan revenue coming under scrutiny, the blood is real. I hold a large amount of spot shares and have traded the stock with options in the past....
QQQ is looking to take the weekly timeframe resistance here on a rather overheated market in my opinion. I do believe we just might see all-time highs by next summer despite all the economic turmoil. The index is very close to the .886 fib level and has risen above the previously rejected weekly resistance. Zooming out, the RSI and volume are both on uptrends as...
VZ has been on an uptrend since my entry around 31$, I use this position as an anchor to my long-term portfolio. If I can capture some multiple expansion while collecting the dividend I will be satisfied as this is a much higher yield than short-term treasuries and the margin of safety is high. VZ just retook a long term fib of .114 a few weeks ago and has been...
I will try my best to predict the next key level as we continue price discovery. This level is a Fibonacci projection and would put my initial entry at over a 5x which I am pretty pumped about. I have been using this speculative bet to multiply my total AVAX holdings. I plan on selling 33% of my tokens at this level which will cover my initials + about 80% profit....
DXY is falling apart which is generally a good thing for risk on. The red fib level is a region I expect to be tested, it might fall through this area this time around. RSI is falling heavily, we are only at the middle of the Bollinger band, leaving lots of room to fall rapidly. If this keeps up I expect Bitcoin to really rally into end of year.
ILV is looking to be possibly breaking out of the cup and handle I have been averaging into and charting for a few weeks. Look at the huge upswing in volume with all weekly green candles. The breakout aligns with a longer-term fib level as well which I love to see. Massive upswing of RSI as well. I think this is the breakout personally. 150$ target in 3 weeks.
RNDR just blasted through a key weekly zone from Jan 2022. There is not much structure to the chart until Dec 2021 either ~ 5.4$. RSI and volume are WAY above average as this token really heats up. These levels can almost be treated like gaps since the chart was down only and took not time to chop around and build support/resistance. I would say we close the gap...
Avax is looking like it wants to retest my green dashed line of 23.51 which is an area of high interest. The previous demand was of perfect supportive structure, I have not seen many tokens use a demand that amazingly on a four hour timeframe. I updated the demand, RSI is still in an uptrend although a slow one. I believe AVAX still hits my price target of 28$...
Naka managed to stick above the previous demand level and consolidate within a narrow range. The trend is broken on the 4 hour with the gaming hype. I updated the demand as support, the trend line will function as support as well if this retests. The move looks too strong to do so though and is also almost confirmed on the daily. I think we see 1.56 soon, with...
Joe is looking to attempt to turn the previous medium term channel into a new support level. The gold line is the .382 fib which is a key area looking to be tested again soon. Volume is still on an overall uptick and RSI is cooling off as it needs to before another rally. The demand box is a fall through zone is this doesnt play out. I think the token tests the...
3ull is a gaming token on Avalanche I got into around 7 mil mcap, the token is on a tear and I am luckily up over 400%. My first sell zone is around 100 million market cap. Hard to do much TA on these just wanted to continue to cover it as gaming is heating up.
Vale is a play I have been thinking about adding as I have sold my BHP holdings for other opportunities. The stock provides a strong dividend, international and metals (mostly iron) exposure. The company is a high cash flow company and does fluctuate with the iron markets for the most part. Iron is a lot different than gold and silver, and is showing an uptrend on...
RNDR had an explosive move this weekend so far and barely played out that hourly head and shoulders. You would have had to march the stop to make profit on that one. The .382 fib is likely to become support here, or we see a fall through back well below 3$. The B bands print a picture of overheated price action as it rides the top of the bands. Volume is very high...
Matic rejected the monthly resistance as well as the .382 fib. This consolidation is fairly close to a key area for forming a cup and handle as well. RSI is falling but still remains on trend. Volume is on a longer time frame relative high. The dotted line is a likely bounce zone in my opinion. I think we see another test at .9 (and fib) soon. With 1.20ish by end...
GMX is seeing a potential reversal of RSI here and is looking to uptrend. another attempt at the .382 fib is in play with multiple supports drawn. A local demand could be a bounce region as well. With GMX being the recent winner of largest ARB grant I have high hopes for this token in the future. The limited supply will be a factor for consistent uptrend during...
INJ has built a decent amount of support here on the blue horizontal. RSI has fallen meaningfully. A demand is drawn for a potential bounce zone if the token rolls over. The teal line is the .618 that has been rejected a few times, the more attempts the merrier. I think the token is prepping for a large move to the upside in the coming days if BTC behaves.