an EW count on ADA showing 5 wave structure with corrective sequences Very simple and basic when we zoom out, can be labelled a few different ways, main thing is we can see clear 5 waves and targets reach fib extensions Will update when candles print
DNA had massive bearish selloff and is trading at very low price just above HKEX:1 area. Between current lows and ATH, we can anticipate a decent rally before resuming a larger move lower (if that would happen in future). At these lows its great price range to accumulate and build a position using risk management and DCA strategy. It's been trading back it forth...
HEX chart looking really nice, after massive selloffs some great rallies will ensure. No way to get the exact bottoms or tops, best strategy from my POV is simply counting the waves and focusing on target range to apply DCA strategy to divide your buy in into multiple orders (3 works good imo). I got in at approx 3.2 c and paitently waited for this drop (missed...
We are #BULLISHAF2024 WIth the recent merger "news", this is definitely an important one for the AI blockchain space I had targets for ICP that played out the news came after the fact and seeing it pamp past cpl days, its interesting how the news headlines show up at key moments instead of when its consolidating at the lows Regardless, its not a sell signal, can...
FTM had great run up off the lows but has been sluggish and weak since. Perhaps can be viewed as consolidating/accumulation AM favoring 'the top' is close but also considering another leg higher might be in play after current pullback. We will have to wait and see how the current pullback plays out and see how markets behave over next few days/weeks. Opportunity...
THETA been showing lotta strength still trading near the lows with great upside ROI it looks like its currently retesting the breakout with hidden bullish divergence on RSI
A EW count on SOL showing the current low as wave ((3)) ended and current move up as a corrective rally (similar to winter 2022 rally, just a larger degree wave) So far, the technicals have played out very well, not perfectly but good enough to bank great profits on both sides of the trade. Just a projection, Not Financial Advise.
Self explanatory LONG setup with stop loss near pivot low manage trade heading into premarket TP#1 just before pivot high, adjust stop loss after 1st target hits (or trail stop)
Many alts still trading near the lows looking very bullish in preparation to breakout to the upside. Theyve been consolidating at the lows for very long time and ready to rock & roll. Entry here is a bit high in terms of risk:reward with the stop loss at the last low ~$0.15. I suspect a liquidity grad could take place first (retest the breakout) but that may not...
Looking at NVEI chart, initially listed on NASDAQ in Oct of 2021, shortly after completing 5 waves to end its first cycle trading on Canada's TSX. Had an incredible runup with an incredibly great ROI from its IPO price. Nuvei has had some huge drops, along with some great rallies off those lows. GREAT profits for trading and building up some risk-free/low cost...
downside should be limited, shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run. a 5 wave move down is clearly visible, however an ABC count is preferred here as it hit the targets and stayed just above the...
downside should be limited, shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday) Risk:Reward LFG!!
Following the selloff on Friday, our view was limited downside on BTC and potential rally over the weekend. Rally failed, simple consolidation but lows held in place. Anticipating some Monday morning volatility and green Low risk trade (with stop loss in place, unlikely to sink below 39k, and if it does most likely just a quick liquidity grab). Could turn into a...
downside should be limited, shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run. a 5 wave move down was completed, clearly visible. In the bearish scenario, can retrace to 0.786 as a wave B, in the bullish...
downside should be limited, shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run. a 5 wave move down is clearly visible. In the bearish scenario, Im favoring a leg missing as the wave v extension target range...
GLXY showing weak rally off the lows with BTC.D flexing its muscle and sucking the market cap out of alts to push higher. However, another alt pump may be approaching (or may have started). GLXY under $5.00 is good area to start accumulating (depending on your outlook on markets), under $4.00 is even better. Currently, favoring the count as wave (5) of ((3))...
INJective Protocol had massive rally, reached target zone for wave 4 retracement levels of 0.236-0.382. Can it go much higher? Possible but less favorable. Fib Extension targets were also hit on both calculations, so its best to favor upside as limited. Wave 4 * can * retrace to a maximum of 0.5 fib before the count can be considered as invalid. For now, we're...
RIOt has great rally off the lows. Favoring 1 last leg higher, however targets were reached. We will see how the pullback plays out, if remains above the previous low of $5.16 where we labelled it as wave (ii), we can go long with a stop loss just below that low. Theress 3 nice gaps clearly visible below HKEX:9 , HKEX:8 & HKEX:7 ; so those are areas we can...