NAKA is looking to be preparing for its next leg, the token had a reasonable cool off period, the RSI is breaking trend and multiple tests of the 11EMA have occurred. My short term target remains 1.56$, I think we likely bounce off this demand (green box) and then continue uptrend in coming days.
Pendle continues the uptrend with a break in the downturn of RSI. There was a huge buy order that brought the token back into the channel that has stood since mid October. The token is looking to retake the 11EMA, and bounced nicely off the local demand. We are looking at another attempt of the .886 Fib level.
AVAX is testing the .618 fib for a second time on the 4 hour very clearly, a local demand is drawn for context. Volume average is climbing as well as RSI. The wicks are testing the demand and I believe we consolidate generally above the green rectangle (demand) before another run.
As you know I have some hefty long-term bags on RNDR and try to average in with technical analysis. My previous chart showed a bounce around here which is entirely possible. This does look like a broken neckline of a small hourly head and shoulders, I wont be adding on this green line despite the hype. THe golden line is the .382 fib drawn on the weekly which is a...
Shop has been on an absolute tear and is looking to be creating a small flag on the 4 hour that has an upside past the .886 fib. Do remember we are 1/3 of the way to all-time-highs and have a long way to go to even 1/2 of that. Was shop overvalued at 175$, sure, but what about todays prices? The market is very irrational this year stay safe.
This is a daily view of my weekly ILV cup and handle idea. With rising RSI and HV I think we see an explosive move soon, especially since my main gaming layer-1s/2s have been pumping (avax,matic). PYR and many other gaming tokens have been on a run. Do remember iluvium is in beta 3 and set to be fully live very soon. We do not yet have a popular crypto game to...
Small caps accelerated on the CPI print as they had been lagging for months and were very oversold. As Hims fundamentals increase investors are catching on, TA wise the stock has taken two important levels this month and we have a half month to go. If this flag breaks to the upside we will see my first sell target that is the dashed green. Breaking the gold .382...
AVUV is my small cap value index that I use, I was able to snag a few long-term DCAs on this weekly demand I drew a while back. I think markets are really getting sick of non-profitable companies, and small cap value focuses mostly on companies that make money and are less sexy than the growth tech stocks. I like to hold about 10% of my long-term account in this...
PYR I have been charting for a while and entered long term probably over a year ago at this point. If I am trading a token I mark my entry point with dotted bright greens for transparency and to remind myself so I dont have to log into brokerage. PYR is looking at maybe another bounce within the short-term channel or on the local demand. If the market really heats...
RNDR has consolidated around the local demand for a few days. The token is looking to test the long-term channel noted by the green lines. 3.1$ is my next target with a decent amount of historical price action. HV and RSI are experiencing a sharp rise and the stronger alts are pumping over 20$ today. Do remember I am not here to trade RNDR short term, I hold this...
Joe just retested this channel recently and broke out with the AVAX hype. The dashed green is my short-term price target for now which was just passed, so I think we see 50 cents soon. HV and RSI are rising sharply into this BTC rally.
BTC once again is attempting to break this resistance level and has surpassed two wedges in a row. 39k has been me medium term price target for a while and I think things are about to get VERY volatile. We just bounced off an important Fib level, and with the ETF looming I am seeing whales feel the fomo. I personally think we are about to see the 39k test within...
Pendle remains on the overall trend and had a meaningful cool off which is needed to keep the longer-term momentum. RSI took a breather and HV is on an uptrend. The most recent bounce was directly on the .5 FIB which is a power move imo. I think we see ATH soon. I added a local demand as additional supportive context. I would say we see ~1.20 in ten days time.
Coin looks to be breaking through supply after a few tests with a clear uptrend in both price and RSI. The stock is looking to retake the daily .786 fib level as well. We are looking at 115 UPCOM:ISH by end of year if the market stays excited about this CPI print and potential rate cuts next year.
QQQ is looking VERY strong after this CPI print, so many people were net bearish and we likely are seeing a squeeze as well. I would not be surprised to see ATHs next quarter, I do believe the economy is in for some pain next year though and would recommend being cautious.
HD breaks out of the channel on bullish CPI news and positive earnings. I simply hold HD long-term and buy it whenever it reaches about 280$.
Hims required some patience but I did average into the call setup and finally the teal line is broken and looking to be confirmed on the 4 hour. My first target is 8.14$. HV is barely moving so we have a little time here.
I did layer on more calls on the ARK news adding more hood shares. Alphabet did sell their remaining shares which might have caused that large red candle. The HV has plummeted to very low levels along with RSI which makes me believe this is oversold. First sell target is 9.45$, we are approaching the daily gap and I believe this can close very quickly with this...