Shiba needs to go around the block to sniff some butts and mark his territory. The ideal entry was made on March 16. We're out of the optimal buying zone.We broke the trendline on March 23, we're starting to get a little structure behind it, cool. In terms of location, we are already in a profit taking zone (TP1). Why ? Fibo first stop of the February movement....
Reef in a long term triangle. We'll see how the price behaves when the yellow trend crosses, but in my opinion we should retest the long term white trend, rebound to take off in April towards the intersection of the blue dotted line trend and the upper trend of the triangle. Well done to those FTX wh*res who sold their bags quietly on the way up and dumped the...
Need more time. We need a leg down to confirm a bullish structure. Volatility is too high. Spreads on FTX are starting to look OK but still to high for the moment. MACD in compression. We are close to the death cross.
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Setup idea on Chiliz vs USDT ( CHZ ). Wait to break the trendline and build a daily bullish structure behind it (a daily ascending low and high). OBV stayed clean despite the price purge. Good area on William R. Volatility is high, but looks like it will settle down. Location in long time reload zone. SL: below 0.16 TP: around 0.46
Bias EMA9/EMA18 4h: bull Bias EMA13/MA30 4h: bear Bias EMA13/MA30 1D: bear Bias EMA9/EMA18 1D : bear Location: perfect Double bottom D validated. Div MACD bear 4h in creation but not validated. If daily close below 0.05570125, wait for a bounce between 0.05177025 and 0.0457400 for an entry. SL below 0.04125175 USD TP1: around 0.13 USD
DOT is almost mature. Wait for confirmation of the divergence with a 0 cross (or 0.56 to be sure). Once done, ideally we should wait for a daily W with a return to 618 (between $17.4 and $15.88) to have a nice setup. Last time, it made a V bottom, so beware, it may leave like a thief. On the other hand, the volume went away on holiday. So be careful. For the TPs,...
The first stop failed after the double top. We logically revisited the "long" reaload zone then retested the "short" reload zone, in which we got killed. It doesn't look good. We are back in the high RLZ of the last movement. The liquidity has been sucked up on this level. We also notice that the MA200 is supporting this level. If this level holds, we should :...
In a few words : "nothing yet" but hope appears. - Location not bad, we touched the long time RLZ. - MA50, MA100, MA 200 D = bear - EMA13/MA30 D = bear - EMA9/EMA18 D = bear - Vwap = nothing - OBV = something interesting since january 24. - Volume : the sellers are calming down. - William : stupid. - MACD : no div confirmed. - No reversal structure in 4h, daily,...
My idea of the day. I look at YLD which is always bullish when the market is red, It happened again today. Probably because it is the token of a stacking system. In close line it made a nice reversal structure on the price, but with the candles, it is very weak (W on 3 daily candles). Apparently enough to pass with the div MACD and RSI. Using the BB %B indicator...
TP Idea on KAVA, if you are already in, let's see. Beware : too late for an entry now.
Wait for the bearish divergence to be cancelled (not yet confirmed). Buy zone in the "buy zone" triangle. We have not broken the level of this summer. - Momentum is almost good. - The structure is not ready. - Volatility too high. - Buying volume seems to be losing strength but obv is increasing in daily. - Confluence at TP level. - A nice hole in the volume...
An agressive entry, be careful. Bitcoin can knock out everything and invalidate the setup. So take it with a grain of salt. To be on the safe side, wait for a clear direction from BTC. Take it easy on your position.
My thoughts on XLMUSDT. For the moment : - Momentum: nothing bullish on a daily basis. - Structure: nothing confirmed on a daily basis - Location: we are in a long term buy zone, but too high according to my criteria. The reload zone 1 was used as an accumulation zone in December and early January. We may go back there, because for the moment the momentum is not...
OMG/USDT looks sexy after his monumental purge. He is back in a powerful buying zone. It is starting to draw a reversal pattern but it is not yet validated. Moreover, we haven't touched its trendline which we have been doing regularly for a long time now. The EMA9/EMA18 and EMA13/MA30 biases are not yet bullish in daily. If you have money burning a hole in your...
So far no reversal structure and a poor location on VRA, so don't get too excited. Wait for a return to RLZ (the blue rectangle) and a reversal structure (at least a clean daily one) before entering. From a TP perspective, the sell zone is in the red rectangle. Note, the chart seems to like GANN. It hit its target in mid-September 2021 (orange rectangle)...
XTZUSDT long term. We will wait for a return to RLZ (blue rectangle), and a cross on WilliamR (the white line must cross the red line upwards). For the sell zone, we can hope to at least go for the old ATH, if not more. Impossible to have a clear idea as long as we haven't put a real bottom.
Movement expectation for KDAUSDT. We will look for the first blue rectangle before retracing to buy zone and then go for sell zone 1.