Dandady

Dandady

Trading by the Volume Profile, at the moment we are heading back to the value area high. As long as we can stay above the $20.900 zone, which is the VAH, we are looking for longs only and recommend to be optimistic about the future price growth. As soon as the price breaks below the zone, it will make a fakeout on the bear market trend and will go back to the...

Dandady

THETA TREND ANALYSIS THETA is breaking out of a triangle to the upside, which indicates to take longs only at the moment. The Breakout is being supported by the 50 EMA, which could be a good entry point. The EMA pullback is being combined with the Trend retest. VOLUME ANALYSIS The volume profile shows us 3 different key zones: The Value Area Low: The...

Dandady

Uniswap is breaking out and looking for a safe trade here. RISK-REWARD The Risk to Reward ratio on this trade is 7.2 so it is quite high, we recommend to close 75% of the position at the $7.7 area. POSITION SIZING We would not recommend anytime to open position more than 2-5% of your balance, but in this trade we are currently opening a 5% trade I am so...

Dandady

C98 broke out of structure again and as long as it has changed it's character the higher probability trades are longs only. 2:1 risk-reward ratio trade is on the chart. It is important to conduct thorough research and analysis before making any investment decisions. In this analysis, we will be focusing on the c98 coin, which has recently caught our attention...

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WHAT IS THE VALUE AREA? The value area in trading is a range of prices where the majority of trading activity occurred during a specific period, typically during a trading session. It is used in market profile analysis to identify areas of fair value and potential areas of support and resistance. The value area is often represented by a bell-shaped curve, with...

Dandady Updated 

Uniswap meets multiple resistances and convergences at the moment. On the 4h timeframe a clear trend breakdown and retest rejection can be seen. Negative delta with a cumulative volume delta convergence shows up on the 4h timeframe too so it indicates a red flag. The previous mentions also meet at the same time the 200 ema which would be a moving resistance at...

Dandady

So many divergences shows up on litecoin on the oversold territory at a significant resistance level. Red flag.

Dandady

On CTK shows up many bearish divergences. The major support zones broken and this is the retest. we recommend not to take profit of this crash just use trailing stop by ATR or whatever indicator you use in your trailing strategies.

Dandady

The overall crypto market might be one more leg away from the ultimate bottom from a technical standpoint. On the logarithmic scale 28% away we will reach the most likely bounce reversal point on the price chart Short term bearish, long term bullish, always watching the macro.

Dandady

The bear market trend resistance will act like a magnet until it breaks so as a counter trend trade it can be traded until it will be hit.

Dandady Updated 

Theta token reached the previous continuation accomulation zone where we expect the bigger players to hold the price. From a riks-reward standpoint this is a rare and well set up trade. We do recommend to take multiple profit by smaller parts every potential reversal zone. Because of the yield inversion in the market the short term interest is favored, so we use...

Dandady

A fair value imbalance can be seen between the 0.6 and 0.7 fib level where the price would totally fulfill the imbalance. This would be also a short squeeze, which will indicate a red flag if the price hit the mentioned zones. 12.630$ would be the price target for this selloff. Be aware of the CPI release. The technicals are not that dominant at these times.

Dandady

Many people are shorting ethereum at the moment, but if we want to see a clear selloff we want to see a retrace first. The fair value gap is matching exactly with the 0.7 fib level which will be a really nice red flag from a technical perspective.

Dandady

Pretty accurate levels can be found on the crypto market chart

Dandady Updated 

One of the important rules: Always trade with the trend! As we trend upwards we can see a beautiful respected curve, which might will become a potential cup $ handle pattern. We also have an unconfirmed downtrend, which has already broken out.

Dandady

Ethereum is trading at the bear market resistance zone, which could break soon. On the chart my potential entry/exit points are visible and recommended to pay a big attention on the anchored vwap. The volume weighted average price (blue line) can reject the price, but after a breakout avoid FOMO and wait for a retest for it to look for the next potential...

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Buyback can be identified on the 4h timeframe on MTL. Why do we have green light on this asset at the moment? -Quarterly vwap breakout -At the same time we are being supported by the 50 and 200 EMA -break unconfirmed resistance If we zoom out to the bigger timeframes, we can also see some rejections of the 50 EMA which indicates that this should be a small...

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MATIC Can easily drop 13% minimum, but for a potential breakout it can be hedge traded with small stop loss (long)