EthanTW

EthanTW

4h time frame - GMT is creating a potential cup and handle structure since our last analysis(as below). We can set up a new trading plan from this CH and original Elliott impulse wave. Both of them indicate that the first target is around 0.46, and final is 0.6. - TP: 0.46 / 0.6 SL: 0.2665

EthanTW

1D time frame - ONE is breaking out the long-term downtrend with an obvious bottom zone around 0.009. What it need is more volume to push price higher, that would be a perfect breakout. Also, we use Fibonacci Extension and structural resistance to set targets as below. - TP: 0.038~0.04 / 0.05 SL: 0.01612

EthanTW

4h time frame - BIGTIME is creating a triangle structure since December 6th, and volume is decreasing gradually, which means BIGTIME is approaching to the end of consolidation. Also, there is a structural support around 0.5, that make SL be clear to set up. TP: 1.32 SL: 0.4477

EthanTW

1D time frame - FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide...

EthanTW

12h time frame - CHZ completed a bottom head and shoulders, and CHZ is doing retest currently. This retest is getting support 0.886 Fib Projection, which is a strong sign for further pump. Therefore, we can set up a trading plan here. - TP: 0.102~0.106 / 0.118 SL: 0.07257

EthanTW

2h time frame - SUPER just broke out and retested the falling wedge, next step for strong pumping momentum is go above 0.66 which is the high while broke out wedge. Also, SUPER got support at 0.618 Fibonacci Retracement that is a good sign for next pump. Therefore, we can set a trading plan here and targets as below. - TP: 0.9 SL: 0.485

EthanTW

4h time frame - PEOPLE is creating a potential bottom head and shoulders, the right shoulder hasn't been created until breaking above 0.017, so we can set up a trading plan here to gain great risk to reward ratio, and if PEOPLE break out the long-term downtrend line, there are higher targets at 0.021 and 0.025. - TP: 0.017 / 0.021 / 0.025 SL: 0.0106

EthanTW

12h time frame - MATIC is creating a potential double bottom structure. Taking a step forward to the lower time frame, MATIC just retested 0.5 Fibonacci Projection, which final target is 1.47. Also, use Fibonacci Extension on the wave from 1.568~0.492, it shows the first target at 1.44, which is closer to target from Fib Projection, and 1.44~1.47 is the neckline...

EthanTW

4h time frame - MEME is creating a potential cup and handle structure, and still building the handle part, which will be completed once breaking above 0.0475. Also, there is a support zone around 0.035~0.038, that allow us to set up a great trading plan. - TP: 0.066~0.075 SL: 0.032

EthanTW

12h time frame - SOL is creating a potential cup and handle pattern, which is a continuation structure. The handle part hasn't been completed until breaking above 65.5, but we can set up a trading plan here that provides nice risk to reward ratio around 2.7. TP: 79.8 SL: 58.79

EthanTW

4h time frame - OP created a double bottom and retested with a triangle structure. OP is still consolidating in this triangle, which could be a potential continuation structure and help us to set up a trading plan. Target will be estimated from double bottom and the triangle. - TP: 2.41 SL: 1.523

EthanTW

4h time frame - KAVA is creating a potential long-term double bottom structure. Currently making a cup and handles pattern in lower time frame, this CH provide us a reasonable setting for SL. Also, if KAVA maintain the pumping momentum, there are three targets as below. Risk to reward is great, even only reach the first target. - TP: 1~1.05 / 1.17 / 1.5 SL: 0.725

EthanTW

4h time frame - AGI is creating a triangle pattern, despite there is a wick top recently, it can still be regarded as a continuation. The best entry is AGI retesting the triangle bottom(uptrend line). If AGI get support there, we can have targets as below. TP: 0.048~0.053 / 0.07 SL: 0.0211

EthanTW

12 he time frame - DYDX is creating a long-term bottom structure, and if we can mark three resistance zones through Fibonacci Extension, that are 4.8~5.1 / 5.6~6 / 6.95. Also, DYDX is breaking out a triangle structure in lower time frame, which allow us to set up a trading plan that risk to reward ratio is almos 9. TP: 4.8~5.1 / 5.6~6 / 6.95 SL: 2.7

EthanTW Updated 

12h time frame - LOOKS seems more like symmetrical structure here if use Bars Pattern on the left wave(0.385 to 0.037). Considering the downtrend line on higher time frame, the first target is 0.18 as our previous analysis in October(ref.1). If this symmetrical structure maintain the pumping momentum, next target is 0.37. - ref.1 Head and Shoulders

EthanTW

12h time frame - LINK is creating a triangle pattern, this might be a continuation structure for the pump from 10.5 to 16.6, which means LINK can reach higher price if break above this triangle pattern. Also, LINK just retested 0.382 Fibonacci Projection and had support, enhancing the probability of continuation structure. TP: 18.27~19.1 SL: 13.65

EthanTW

12h time frame - GMT is retesting 0.618 Fibonacci Projection, this is also the potential Elliott impulse 2nd wave. According to Fibonacci analysis and structural analysis, we can predict the next target will be 0.52 if GMT trigger 3rd wave. TP: 0.52 / 0.61 SL: 0.25

EthanTW

4h time frame - PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future. TP: 1.7 / 2 SL: 0.8225