EthanTW

EthanTW

12h time frame - MANTA had made a big box, ranging from $4 to $2, and took around 84 days. The quick dip from $2.5 to $1.5 help us confirm the time span it needs at least to build an accumulation zone, that will be similar to the left structure, which is 84 days. It means we will only see MANTA performs prior others since July if it makes a standard accumulation...

EthanTW

12h time frame - BLUR maintains downward trajectory since hitting $0.8, also formed a neckline that would be the critical resistance in future. However, BLUR is probable on a correction wave, also called Elliott 2nd wave, if we take a step back and look at the bigger picture. Current pullback is approximately 60%, that is still acceptable because just got support...

EthanTW

4h time frame - SSV has been going on an uptrend since Oct 23', this climbing way is very healthy, accompanying with high volume as every pump. Also, SSV made a stop hunting to liquidate leverage on bull side. However, SSV did create a top structure after hitting $63.85, and there is a target at $24 if SSV continues to correct based on the Fibonacci projection....

EthanTW

12h time frame - YGG increased over 100% while broke out its prevailing resistance zone of a huge rounding bottom structure. Price is still testing this zone that had been converted to support at approximately $0.86, this price zone aligns closely with YGG's 0.382 Fibonacci projection, an attractive point to purchase YGG. Also, current market cap is around 300...

EthanTW

4h time frame - PYTH has sold off rapidly in the early of April, and saw lows of $0.48. From perspective of TA, PYTH is correcting with the 2nd wave of Elliott impulse wave that is great for accumulation of momentum to build the 3rd wave. $0.48 aforementioned is also the corresponding support zone to the price zone built in Feb. In conclusion, $0.48~$0.58 are a...

EthanTW

4h time frame - JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from...

EthanTW

12h time frame - 1CAT is building the second leg of a potential big double bottom, which show a critical resistance around $0.012, also the neckline of DB. Standard method to estimate target from a double bottom would get $0.0196, that is the 200% Fibonacci projection. Furthermore, if we consider the GameFi/BTC L2 potential that 1CAT possesses, there is more...

EthanTW

12h time frame - SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market...

EthanTW

12h time frame - TIA maintained a dip for over two months since $21.14, performing weak trend in the past. However, TIA gained lots demand when price went below $9 and rebounded aggressively, which is also 38.2% Fibonacci projection. TIA is one of the largest modular L2, this sector gets lot attention in next bull run, that provide potential for TIA, so I think...

EthanTW

4h time frame - BLUR is creating a big head and shoulders, and breaking out the short-term downtrend line so far. Neckline of HS is around 0.834, that is the critical resistance for BLUR to make further crazy pump. Entry after neckline got breakout doesn't provide that great RRR as current entry. - TP: 1.255 SL: 0.363

EthanTW

12h time frame - GMT is creating a symmetrical structure that might follow the trend we predict in future. Also, this structure is similar to a rounding bottom, which will provide lots momentum for pump. Red zones are the critical resistance to build bottom structure, GMT can increase rapidly once going through these resistance without hesitation. - TP: 1 SL: 0.215 (spot)

EthanTW

4h time frame - SUI made a cup and handle, then pulled back after hitting 2.17. Also, the target of CH pattern hasn't been reached yet. If use fib on that cup structure, we can see SUI got support at 0.618 fib and went up to 1.272 fib, then still retest 0.886 fib, this is a standard momentum accumulation path for next pump once SUI be supported from price...

EthanTW

4h time frame - PYTH is consolidating as a triangle pattern, which could be see as a potential continuation. Before completing structure, PYTH just retested 0.618 Fib Projection and got support. Both signal indicate that PYTH is still on an uptrend way. - TP: 1.58 SL: 0.781

EthanTW

4h time frame - XAI was going up with an uptrend line, but went a downward breakout before. However, XAI pumped back above this uptrend line within a short time, which was a strong signal that good for further pump. Also, that fake breakout hit the 0.382 Fib Projection, and we can use it to predict the first target at 1.8. - TP: 1.8~1.95 SL: 0.969

EthanTW

4h time frame - JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern. - TP: 2 / 2.7 SL: 0.77

EthanTW

1h time frame - MANTA go down to support zone with a falling channel, this zone is around 2.4~2.6. From the channel structure, we can see that MANTA got resistance again and again once touching the channel top. Now, MANTA is going to challenge the channel top again, and it is very close to support zone, that provide great risk to reward ratio to long MANTA. - TP:...

EthanTW

4h time frame - Last analysis of MEME pointed out there was a potential cup and handle structure, but fail now. MEME kept going down and retested the neckline zone. So far, MEME is maintaining in a reasonable support zone around 0.033~0.036. Also, MEME just dump and try to make a wick low now, so we can set up a trading plan with great risk to reward ratio...

EthanTW

1h time frame - 1CAT is retesting the support of the rounding bottom and 0.382 Fib Retracement. Also, 1CAT is creating a small uptrend line from those two wick lows. Further, the structure of previous high around 0.15 is helpful for us to see as critical resistance, if 1CAT go above it, next is 0.02. - TP: 0.015 /0.02 SL: 0.0068