EthanTW

EthanTW

1h time frame - MANTA performs a standard Wyckoff Accumukatuon Methods, which provide guidelines for identifying trade candidates and entering long positions. From chart above, we can recoginze obvious phases of Wyckoff, icluding AR / ST / Spring / LPS / SOS. Currently, MANTA is probably under the SOS phase (Sign of Strength), that is a price advance on...

EthanTW

2h time frame - 1CAT increased by 200% since we shared the trading plan on Feb 11th, link as below. - Now, 1CAT is creating a potential cup and handle which is a continuation structure, that means 1CAT will go to 0.015 if break above the neckline of this CH structure. Considering the risk and reward ratio is not good if put entry at neckline, we can set entry at...

EthanTW

1h time frame - STRK is retesting the support zone at 2.1~2.2, which is made of structure and Fibonacci Projection. Also, there is a potential falling wedge working, and might bring STRK back to 2 in near future, so we need to set SL lower to avoid liquidation. - TP: 3 / 3.4 SL: 1.98

EthanTW

1h time frame - MOBILE is consolidating for around 2 weeks, the consolidation top and bottom are clear to see. Also, we can use volume profile on chart, then the comparable high accumulation price is 0.0036. Furthermore, Fibonacci Projection help us to estimate the other support, which is 0.0035, so we could set up a trading plan as below. - TP: 0.0053 SL: 0.00297

EthanTW

4h time frame - DYM broke the downtrend line with a double bottom structure. Currently, DYM is retesting the neckline of this double bottom, this support works well so far. Furthermore, there are two ways to set up targets, the first one is set from double bottom, that is 7.5, the second one could be estimated through Fibonacci Extension, which is around...

EthanTW

4h time frame - SUI is getting support at 0.618 Fibonacci Projection which made of the wave from 0.36 to 1.7. Furthermore, SUI also retested the 0.382 Fibo Projection twice, that is measured by the new and smaller wave. These retest present great support for SUI at 1.36~1.5, and allow us to set up a comparable well trading plan. - TP: 2.1~2.2 SL: 1.33

EthanTW

1D time frame - We are currently gaining almos 60% profit from ALGO since last entry on Jan 27, as below. - Furthermore, ALGO is breaking above the neckline of this potential head and shoulders structure, which means here is an opportunity to add positions or set up a new trading plan. - TP: 0.4 / 0.45 SL: 0.215

EthanTW

4h time frame - BLUR is creating a small diamond structure during increasing way. Diamond is a netural structure that doesn't tend to be pump or dump; however, BLUR is getting support from the uptrend line of this diamond, and almost complete the retest of cup and handle, all signs show current support is effective. - TP: 1.2 SL: 0.63

EthanTW

1D time frame - PERP made a rounding bottom and corrects so far. PERP hasn't made any obvious structure with current correction (2nd wave), but there is a critical support zone at 1.07~1.27, which provide good opportunity to set up entry for next potential pump (3rd wave). - TP: 2.69 / 3.95 SL: 0.985

EthanTW

4h time frame - MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan. - TP: 0.047 SL: 0.027

EthanTW

4h time frame - ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long. - TP: 4 SL: 1.5

EthanTW

1D time frame - Since last analysis of C98, we have already took profit, link as below, and here is the new one. C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53....

EthanTW

4h time frame - ONDO is consolidating since hitting 0.47, but does not make apparent trend of continuation structure, only show a potential rising wedge. ONDO is just retesting the support from uptrend, that is an opportunity to open long here; however, considering the resistance from potential wedge, need to be careful of 0.488. Also, because ONDO has high...

EthanTW

1D time frame - MINA is creating a continuation structure since increasing to 1.63 with 380%. There are many kinds of possible continuation structure, the better one is cup and handle. If MINA makes cup and handle, then cannot go below 1.1, which allow us to set a trading plan with great risk to reward ratio. - TP: 2.5 SL: 1.09

EthanTW

4h time frame - MUBI retested 0.085 two times and created a double bottom, which neck line is around 0.127. We have opened positions at bottom(0.085), and the new support zone(0.127) is an opportunity to add positions, that target is 0.22. Moreover, if we use Fibonacci Extension on MUBI, the first obvious resistance is 0.345, so we can set up a trading...

EthanTW

4h time frame - MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5. - TP: 3.73 / 5.2 SL: 2.74

EthanTW

1h time frame - 1CAT is creating a potential rounding bottom, there is an obvious accumulation zone around 0.004, and will complete the structure once 1CAT break and retest 0.0075. So we can split fund into two parts, first one is buy 1CAT below 0.004, next is the timing that 1CAT retest 0.0075 after breaking it up. Also, according to a standard rounding bottom,...

EthanTW

1D time frame - BTC went through PRZ recently and broke the plan that shorted at 46k. Now, BTC is approaching the previous high at 48969, so we can set up other plans with sweet risk and reward ratio. First plan is depended on the potential symmetrical structure (or double top), this plan would short at 48k~48.9k and target at 38.5k which is the neckline. Second...