SAGA’s reverse head and shoulders pattern is nearing completion, but the breakout hasn’t quite occurred yet. Based on the measured move of the pattern and aligning it with the Fib 3.618 extension, the target price after a confirmed breakout is around $4.45. We’re currently seeing the price consolidate below the neckline, and if the breakout confirms, we could see...
AAVE is looking bullish after breaking out of some key technical patterns. First, we had a large descending wedge, which is a textbook bullish reversal pattern. The breakout from this wedge was followed by a cup and handle formation, another strong bullish signal. Now we’re moving toward some key Fibonacci levels. The 0.382 Fib level at $289 is the first major...
Tick tock, tick tock… That’s the sound of the next 143 days counting down. Most were sidelined for the last 143, and most will miss it again. The chart needs no explanation—this is the last cycle before regulation finally stifles all opportunity for the working class to change their fortunes. Don’t sit on the sidelines wishing, ‘what if…
The chart presents a descending wedge pattern, a typical bullish reversal setup. A clear breakout from the wedge has occurred, followed by a successful retest of the breakout level, confirming upward momentum. This breakout is supported by bullish divergence on the RSI, signaling a shift in momentum to the bulls. After the breakout, the price has entered a...
The FWB:65K area has been a rejection point twice already for BTC, so an opportunity for a scalp back down to the breakout area is possible. However I would trade with caution as we're into the window for the beginning of the bull run so wouldn't be surprised if price just runs. If this marks the beginning of the bull run I'd recommend all shorting option...
Well, it looks like DOGE has broken out of the cup and handle pattern we were watching. With this breakout, the next immediate target is the 0.618 Fibonacci retracement level at $0.116, which represents a potential 10% move from the breakout point. This level is crucial for traders looking to scalp quick profits before deciding on further direction. Given the...
SUI’s been on quite the ride, and right now, it’s looking like we might be wrapping up this ABC correction. Here’s what I’m seeing: 5-Wave Downer (1-5): The market took a hit – we all saw it coming. Classic 5-wave impulse down. And now? We’re watching the recovery take shape in this ABC correction: (A): The first bounce after hitting rock bottom. You knew that...
In this analysis, we’re tracking an Elliott Wave structure on Solana’s daily chart. Here’s what we’re seeing: Resistance Zone ($150-$160): This zone has been tested multiple times and remains a critical level to break for further bullish continuation. A break above this area could lead to a much stronger move towards $170+ levels. Elliott Wave Count: We have...
In this chart, we’re comparing Solana’s 2024 cycle to its 2020 cycle, with a focus on hidden bullish divergences in the RSI and similar bar structures. Both cycles are displaying key similarities in terms of duration, volume, and momentum shifts, which suggest that SOL might be gearing up for another strong rally. 2024 Cycle (Left): Hidden Bullish...
In this chart, we are looking at a clear fractal pattern, which has been unfolding in a bullish structure. After a significant rally post the April 2024 halving, Bitcoin entered a consolidation phase, which is visually highlighted by the yellow channel on the right side of the chart. Key Observations: 1. Bullish Flag Formation: We see a clear bullish flag...
Analysis: BLAST has broken out of the wedge, which suggests a potential rally. Post-breakout, we often see a retest of the upper boundary of the wedge, which could offer a strong confirmation of the breakout. After the retest, price is expected to rally back towards the top of the pattern. Entry Point: DCA (Dollar-Cost Averaging) Entry Zone: Marked around...
TON/USD – Bearish Continuation with Elliott Wave & Head and Shoulders Setup Toncoin has completed a Wave B as part of an ongoing A-B-C correction in the Elliott Wave structure. We are now entering Wave C, targeting a .618 Fibonacci level around $2.81. This level coincides with a previous high retest, adding further confluence to the idea of a potential bottom...
The chart indicates that Dogecoin (DOGE/USDT) has already broken out of the Descending Triangle pattern, signaling a potential shift in market sentiment. With this breakout, here’s a closer look at the critical elements and price projections moving forward: 1. Descending Triangle Breakout • DOGE has broken out of the descending triangle to the upside, defying...
The chart displays a strong technical setup for PEPE (PEPE/USDT), featuring a Symmetrical Triangle formation alongside a repeating fractal pattern with hidden divergences in the RSI. Below is a detailed breakdown of the key elements and potential price targets: 1. Fractal Pattern & Hidden Divergence • A fractal pattern earlier in the chart preceded a sharp...
The chart illustrates a strong technical setup for Solana (SOL/USDT), showing a Cup and Handle formation alongside a fractally repeating pattern with hidden divergences in the RSI. Here’s a closer look at the critical elements and price projections: 1. Fractal Pattern & Hidden Divergence • At the beginning of the chart, there’s a fractal pattern that led to a...
The AEVO/USDT pair has been trading within a well-defined downward channel since its all-time high earlier in 2024. The following key points summarize the current market structure and potential future price movements based on technical indicators. 1. Downward Channel • AEVO has been in a steady downtrend, forming a clear downward channel that has persisted for...
Fet's looking to lead the AI charge in the coming weeks we have : Reverse Head & Shoulders: • We’ve got a clean Reverse Head & Shoulders pattern in play, which signals a strong bullish reversal. The base sits just above 1.00 USDT, and we’ve already seen a breakout confirmed at 1.309 USDT. This setup is often the precursor to a significant upward move. Price...
Price has broken out from it's 75 day falling wedge pattern & given a retest. A hidden bullish divergence on the weekly time frame provides confluence to the setup. TP targets 180% - to current ATH & top of the Wedge 235% - to the 1.272 Fib BONK/USD played out a very similar setup in Dec 2023, hitting a new ATH roughly a month after the initial breakout. Cheers BB