My view on the Nervos Network for the few coming months. I expect a new low below $0.002
Since the bullish move on Ethereum from June 2022 till March 2024 can never be counted as an impulsive wave; I expect ETH to face a challenging sell-off in the coming weeks. As long as the price is still below $4,000; many bearish analysis are valid (for instance ETH can go <$800) The invalidation of all the bearish ideas & the confirmation for the bullish...
UPCOM:FTM is still in a bearish trend. A confirmation for a beginning of a wave C has happened in my view, therefore an impulsive wave with 5 inner waves shall happen. Passing above $1.2776 invalidates the idea. I expect the bearish move to end between $0.0772 : $0.0314 according to the Fibonacci retracements 50% & 61.8%, but precisely at $0.0606 due to the...
LSE:ONE is targeting below $0.0038 imo… A confirmation for a beginning of a wave C has happened in my view, therefore an impulsive wave with 5 inner waves shall happen. I think that a fake break of the $0.0038 support will achieve the maximum increase in the trading volume. Generally, Harmony looks good for the long term as long as it doesn't break $0.0012 &...
INDEX:GALA The #GALA bullish move from the bottom of Oct 2023 till the top of Mar 2024 seems to me like nothing but a corrective wave. There’re multiple ways to count the next wave based on that but imo I expect any kind of an impulsive wave to target below $0.0059 (which would be a good buying opportunity). The cancellation/ invalidation of the idea is...
SEED_DONKEYDAN_MARKET_CAP:XTZ #Tezos is almost near an all time low which sets a decent demand zone. A buy trade from the green demand zone between $0.464 down to $0.317 looks like a safe trade imo. The stop-loss shall be <$0.317
Sandbox seems to be in a strong buuying range as long as it's a bove the support of $0.1466 The stoploss is <$0.1466
Polkadot is facing a huge challenge during the current frustrating sell-off. As long as it's still above $3.57 I believe there's a chance for a massive bullish run with a bullish confirmation above $7.77 The final stop-loss or cancelation of the idea is below $3.57
Trust Wallet Token #TWT is expected to finish wave (2) between $0.4227 : $0.2281 The stop-loss shall be below $0.2281 (yet it's preferable to be taken as a long term investment). The first target should be a new ATH.
Verasity's all time chart look very optimistic for the long term once a spring happens from below the $0.0021 level. The cancelation (if the spring doesn't occur)/ confirmation (if the spring occurs) is above $0.0152.
CONFLUX it has a buying chance on the lower time frames to enter at ~$0.16 With a stoploss below $0.14
My view on the Altcoins dominance (excluding the top 10 coins).
I've got 3 scenarios for the Worldcoin. The white scenario feels more accurate imo so I'm going with it. The stop-loss, target & the entry for a short term trade are on the chart.
Manchester City Token looks very promising from the current prices. I expect it -if the bullish scenario is confirmed- to reach up to $10 : $20 The best action right now is to buy it. With the ATL (the red line) as a stop-loss. -There's a small chance of a final drop to $1.5 (in yellow), before the expected bullish scenario.
Worldcoin (WLD) A setup for the long term. Buy between: $2.2 - $2.7 The stoploss is breaking the low 18th of July.
Decent chart with a high possible reward Osmosis is targeting in the bullish scenario imo 10x
The bearish trend of Arbitrum is coming to an end. A last dip around $0.6 : $0.7 is likely before the bullish move starts. We'll decide if the bullish move is corrective or impulsive during it. No clear invalidation so managing the risk is a must.