In our previous SRM analysis, we identified areas to buy and averege in. We have gotten our wish buy zone at the 1.236 fib support region which coincides with the PoC(Point of Control) on the Volume Profile tool. We can also see the RSI is at support region tho not oversold yet(weekly) and the Stochastic is oversold which makes for a good buying opportunity to...
Greetings Investors! Today we consider the trading pair SAND/USDT Alright, Lets begin! Sand has seen impressive price growth since it's listing back in August last year, forming an Ascending Channel that price has continued to respect each time it has been tested. Question is, will it respect it this time? Taking a Look at our RSI, a bottom formation started...
Chart above us is what we call a Fifth Wave Extension Impulsive move. Basically a fifth wave extension impulse move has the fifth wave to be the longest of the 3 impulsive moves to the upside and wave 3 to not be the shortest, which leaves us with wave 1 being the shortes of the three At the End of a Fith wave extension move, Price usually retraces the entire...
In our previous analysis on CRO, we identified Potential buy areas and DCA zones. However, we've had a hard time having our orders filled. Not to worry as our trade idea is still on track, UPDATE: From the chart above in this current analysis, we can clearly see CRO in a channel up. Notice that after price touched channel resistance the first time out, we...
From the Chart Above we have The 360 Daily Moving Average(Blue) along with some horizontal support zones and a logarithmic growth curve. Taking a look at the 360 MA, after each bullrun, the moment price closed below it, we retraced at least 50% from the breaking point. Important to note we only closed below the 360MA when the bullrun ended and had touched...
In our previous original BLZ analysis, we talked about how price to go over $1 and up to $2 eventually. However I recently discovered the price data on Binance was not complete, hence a re-analysis. Just like the others published recently, turns out this is also a First Wave Extension. Trade Idea Enter with stops below the triangle and target previous local ath...
The favourite coin of majority in the crypto space looks to be having a hard time. Here is What you need to know for a reversal to take place. We either have a Running flat correction or a Expanded Flat correction in play. Depending on which fib level we get that reversal, it's uncertain to say where the bottom is for now. However, we know that if price fails to...
HELLO FELLOW TRADERS & HAPPY HOLIDAYS! Today we will consider the trading pair 1INCH/USDT Almost a year ago (just 3 days from now), 1INCH was listed on binance on christmas day with an opening price of $0.2 and shot up to $3.089 in that same day. Fast foward a few weeks/months later and 1inch would go ahead to make new ath's of $7.875 in May making it a +3800%...
Evening fellow Traders! Today we will be considering the trading pair SUSHI/USDT Right from November last year, SUSHI started an uptrend (Impulsive move) to gain 4000% increase in price up until march earlier this year when it was due a correction. The Correction so far has been an impulsive ABC correction, spanning at least 266 days and also serves as...
In our last Venus analysis, we talked about how price could drop all the way down to the 61.8% fib support level as shown below Now that we have reached that level, the question is what happens next? In addition to the Uptrend channel we constructed last time, price managed to sneak in a downtrend channel as well which went unnoticed in our previous analysis. A...
In our Last KDA analysis we correctly predicted the sell of down to its current levels which was our DCA zone as shown below In this analysis, we will look at the thigns required for KDA to meet our desired buy target of $2-$1.95 Still in it's correction phase, looks to be a gearing up for a wave correction of the downward 5 way impuls move. Should this be the...
Been a minute since we last published an idea. Today we consider the pair WAVES/USD From the chart above we can see that waves is in a corrective phase (wave 2 to be precise) and it appears to be either a flat correction or an irregular correction. Two areas to watch out for are the two green zones highlighted for a reversal. Price targets from either of those...
Welcome back to our QTUM analysis Series In our first analysis, we pointed out buying zones for a potential bottom as shown in the chart below A month later we updated that idea after a few buyng zones were met Now in this analysis, we are analyzing afresh, with a different view. In our two previous analysis, we drew 2 trendlines that price continued to...
Happy New Years! fellow traders. Today we consider the trading pair, LINK/USD From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits. Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support...
Believe the chart above is very much self-explanatory Bitcoin in trapped within a channel and nearing it's apex with an eventual price target of at least 30-27k which coincides with our horizontal support & area of interest and could also play out as a triple bottom which i think is more likely tbh. Should we fail to hold that then 24.7k could be a possible...
Evening folks or whatever time it is in your zone. Chart above is Bluzelle (BLZ) and it looks primed for a breakout. For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside. I strongly believe in this project coupled with the fact that its...
I've had this one on my radar for quite some time now, looks like the market finally gave me a dip to buy. Enter with a stop-loss below support. First Target- All Time High Second Target- Marked Blue Zonal Area(1.272 Log Fib) Completion of the 5th impulse wave should take us above $6
Please see below, linked is the original idea for Bluzelle(BLZ) I created a fresh chart layou inorder to provide another perspective into BLZ. As you can see, currently trapped in an ascending channel, BLZ is the perfect coin to hold for the long haul right now. At support of the larger trending channel, It is a steal to hold for long term gains. If you look...