OTWhale

OTWhale Updated 

Just sharing my personal perspective. Will publish another idea once price reaches yellow line. How it reacts there will prove to be an interesting one.

OTWhale Updated 

It's not that rare to see price goes down before continuing up after a golden cross, or price goes up before continuing down after a death cross This market likes to do just that, not to mention that BTC has already shown weaknesses on the Daily Time Frame It needs a correction, if it wants to have a healthy, sustained rally further up I'm personally keeping an...

OTWhale

I've got lotsa free time nowadays, so I decided to make some drawings :) This is definitely not 100% textbook accurate, but you can't possibly miss the resemblance Will this schematic play out? Only time will tell ;)

OTWhale Updated 

I'm still holding my BTC LONG positions at 16K, so 32K should be a beautiful number to close them, right? Well.. yes, and no. Can BTC retake the rising channel back? Absolutely yes, or retest it then down. Can BTC retake last swing high? Absolutely yes, then down. Can BTC break through the pink zone? Absolutely yes, a liquidity wick then down. While BTC indeed...

OTWhale Updated 

Smart Money is accumulating for the next markup a.k.a bull run, that's the fact. The question is, are they done accumulating? As you can see on this weekly BTC chart, there're still many unfilled gaps both above and below the current price. If they're planning to take profit at a new ATH by the next 2024 halving, they're gonna need an extremely high...

OTWhale

ETH needs a very strong penetrating force to break through 1,980-2,070 level It might go down first to pick up that much needed energy

OTWhale Updated 

I'm long term bullish on crypto, and I'm happy for this new year pump. Congrats to those who placed longs at $15K, you should take some profits off the table now. Why? Because we're not out of the woods yet. If you read my previous BTC analysis, I've already mentioned that I'll consider BTC has reversed if it manages to break and close above Ichimoku Cloud at...

OTWhale Updated 

VET has finally broken 100 Daily EMA and a strong sloping resistance since May last year (only one false breakout had ever happened, just right before FTX). This is because BTC is also pumping hard (BTC.D is high) After the breakout, VET retested both said sloping resistance and 100 Daily EMA, and now it has broken previous high before the pullback, and also...

OTWhale Updated 

You can clearly see a Bullish Ascending Triangle formed on the Daily chart Price is perfectly rejecting 200 Daily EMA , and if it breaks above, ~$0.07 is a good target If BTC consolidates/moves up, &/ there happens to be a good fundamental news for GALA , you can expect those red lines above to be hit If BTC does a major correction/pullback, then expect this...

OTWhale Updated 

Daily Time Frame: 1. Strong Bullish Candle Close and Lagging Span have crossed up Ichimoku Cloud 2. Ichimoku Cloud has printed green (look right) 3. Conversion Line has crossed up Base Line 4. 9 and 21 EMA have crossed up 55 EMA 5. Absurd Volume on Breakout (look left) 6. Buy Signals have been printed on various indicators since Oct 11 Entry: ~$14/wanna take a...

OTWhale Updated 

1. Daily Close at $15.6K with no long wick indicates overwhelming selling pressure while buying demand stays the same/diminishes 2. All Ichimoku Indicators pointing a big bearish movement on Daily, alongside 2 big bearish candlesticks (strong bearish momentum) 3. R:R of 1:2 | Entry/TP/SL; that is widely used for this indicator on Daily Time Frame, is shown...

OTWhale Updated 

FED FOMC Decision on Nov 2nd weighs heavy upon all markets, including crypto market. While other markets have shown high volatility in accordance with any macro related news, crypto market surprisingly moves in a calm manner despite being known for its infamous volatility, which actually scares me the most. Why? Because it means that any major macro news will...

OTWhale Updated 

On my previous idea, I stated that I might turn bullish if BTC breaks and closes steady above 22K, and while that might be what's gonna happen, I really think we all should watch out. Volume keeps declining If BTC breaks above 22K with volume like Sep 27th or even higher, then we can safely assume that the trend will continue for awhile. Sadly the data shows...

OTWhale

Early this year, I mentioned in my analysis that ADA might go to $0.3 support range if BTC goes to $28K or below, and it did happen. I have accumulated a lot of positions when it reached $0.4 a couple of weeks ago, and congratulations if you have done that as well. I also mentioned why $0.3 is a very good spot to open long positions, and there are milestones that...

OTWhale Updated 

For the last couple of weeks, all markets are bleeding, including crypto market, and there is one particular coin that took it to a different level of bleeding. Yes, LUNA. One of many cryptocurrencies that used to sit at the top, crashed to $0.00000112 from its All Time High of $119.55 a month ago, just within a couple of days. So if you used to have $1,000,000...

OTWhale

ADA has a strong support at $1 area, which I think will hold if BTC decides to go further down. Projects and Milestones/Roadmaps for ADA this year might bring more demand that can launch the price higher, I personally expect a new ATH for ADA this year. Max (45B), Total (34B), and currently Circulating Supply (33.5B) of ADA can also be brought into...

OTWhale

DOT is having a hard time trying to go up again after falling from $55 a couple of months ago, and we can see many pressure downwards, towards the $22 support that's been holding for quite some time. If BTC goes down again below $36k/$38k expect this support to be broken as the overwhelming pressure downwards can't be sustained anymore and we can see DOT go down...

OTWhale

A Head and Shoulder Pattern is clearly seen on the weekly chart, and I think it's safer to wait until around $28K-$30K to place a long on BTC/Alts. With such Bearish Sentiment, it's still hard for the Bulls to take over, although it's still possible (but very unlikely considering such weakness) for the Head and Shoulder to end now at $38K and rebound upwards, but...