DewyCandles

DewyCandles Updated 

I have a god feeling that we are in a wave 4 formation and I think it will be a Running Triangle for the fact that we have seen 150% extension for it wave B- but I am not disregarding the fact that we could get other variation such as a Flat, Running Flat or an Extended Flat. Either way we will see BINANCE:PEPEUSDT losing at least 10-20% in coming weeks. (see...

DewyCandles Updated 

You also have to know how to check for correlation in various coins to have a clue on the direction of the trend in a particular timeframe. Such is the like of this BINANCE:FLOKIUSDT and BINANCE:FETUSDT but it doesn't stop here, there is more and I'll be showing them to you one after the other. Presently FLOKI is at the end of second phase of what I call...

DewyCandles Updated 

This is an updated Elliott Wave count to the previous analysis for BINANCE:ADAUSDT PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:LINKUSDT OKX:CFGUSDT BINANCE:APEUSDT BINANCE:ARBUSDT BINANCE:ALGOUSDT

DewyCandles

The thing I love about this chart BINANCE:CYBERUSDT is it volatility and precise trend direction. I have two scenario and this is the first one. We are in some sort of Accumulation / capitulation Phase just like in BINANCE:APEUSDT You can either start buying partially or you simply wait for lower price if your patience won't run out. The second scenario is...

DewyCandles Updated 

First let me draw your attention to my previous call on BINANCE:CYBERUSDT See all the accuracy along the line from top to bottom before I introduce you to the next blueprint for the next one year. 1. This was the first call 2. The Second 3. The Third 4. The Fourth 5. The Fifth 6. The Sixth 7. The Seventh The major liquidity has been...

DewyCandles

This was the link to m mind on $btcsdt posted yesterday. www.tradingview.com The first setup got invalidated but I am entering it again since I still have conviction based on my technical analysis and some confluence that it should still go down. BINANCE:BTCUSDT.P Check back on previous post where I predicted price to reach this level and now we are just...

DewyCandles

FX:USDJPY TRADE SETUP Picking up from the previous analysis (see the previous analysis below for context) I believe It is nice to take the LONG opportunity that presents itself here. The kind of soon-feeding you want. So here is the whole long setup since the short played out. All the details is on the chart starting from the Entry to Stop loss to Take profit...

DewyCandles

BINANCE:FETUSDT is still bullish on the higher timeframe but buying now is not advisable because of the risk reward. What you should wait for is the retracement to point 2 area after present price reaches point 1. But if price fails to reach point 1 and starts to deep from current price then it is best to buy lower after price has taken the PSL (previous swing...

DewyCandles Updated 

Short term play for BINANCE:CYBERUSDT is bearish with a good RR but the Higher Timeframe narrative hasn't changed

DewyCandles

I told you that the new technical analysis you will be getting is going to be top notch with a touch of SUPPLY & DEMAND, SMART MONEY CONTRACT, ICT (inner cycle trading), CLASSICAL analysis and of course ELLIOTT WAVE THEORY so it can go round to fit literally everybody's style. My first detailed analysis is BINANCE:ENSUSDT (Ethereum Name Service). Let us start...

DewyCandles

If $cyberudt is interested in being bullish it should come with volume this week else it will take the previous swing low. Not until we see a change of character BINANCE:CYBERUSDT is assume to be still bearish as we have been seeing a lower low. That is why on the 4 hour timeframe I have placed a limit order for a SHORT position especially seeing the exhaustion...

DewyCandles

Let's watch this play out. A good risk reward with clear invalidation level.

DewyCandles

Invalidation level is at previous swing low. 3 Take Profits

DewyCandles

BINANCE:CAKEUSDT is 100% away from this low. The TPs and invalidation level (stop loss) is clearly on the chart.

DewyCandles

Not much to say here other than (first and most important point) BINANCE:BTCUSDT is still bullish. Yes the bull run is not over yet but do not expect some ridiculous target. The most considerable target is between 80 - 90k while the extreme for me is within 91 - 120k. Look at the RSI and you will fins some similarity where the previous double top printed a ...

DewyCandles Updated 

BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong. Unlike the first scenario, this one won't be going much higher but at least $6 is expected so when you get there, don't make the mistake of "oh we are...

DewyCandles Updated 

The striking correlation between $flokisusdt and BINANCE:PEPEUSDT will make you think they're being developed by the same developer, it is insane. Starting from the wave 2 and 4 of the of wave 1-yellow being a classic Zigzag and Triangle and wave 2-yellow for both being a classic Zigzag as well. If you missed that big run for Floki and Pepe (called it since) ...

DewyCandles Updated 

I don't see why BINANCE:ONEUSDT shouldn't make new highs from here. The double resistance must definitely hold. OTHER ANALYSIS BINANCE:BTCUSDT BINANCE:DOTUSDT www.tradingview.com BINANCE:CYBERUSDT BITFINEX:APEUST BINANCE:BTCUSDT