Hello Traders! Today we will consider the trading pair KDA/USDT First-off, from a fundamental point of view, Kadena is a solid project with appealing Use Cases Launching one of the world's first scalable ready for application, Public braided blockchain, Delivers Security & throughput, with a mission to unite public applications, private blockchains, and other...
If you've been a follower for long then you know the story of my username, and my plan to make it all back at the time. Well, it's time to revisit that plan. Looking at the chart above, current Price action is signalling for a confirmation of a First-Wave Extension. First-Wave Extension is and impulse move consisting of 5 impulse waves, 3 to the upside (1, 3 &...
Merry Christmas! Today we look at the trading pair, UNI/USDT UNISWAP saw a lot of growth since it's listing last september up until it's ath earlier this year. Currently sitting at the .236 fib support, looks to be in accumulation phase. However, I don't think this is the bottom. Taking out our Fixed Ranged Volume Profile tool, drawing from listing to current...
Hello Traders😃 Today we will consider the trading pair XVS/USDT and tweak just a few things in our analysis. Alright lets start! In our previous analysis (linked below) on XVS, we talked about how Venus could reach a price target of $500 & higher. In this analysis, we will add a few updates to that idea. After readjusting the lower trendline and a few other...
Merry Christmas Eve fellow Traders and Happy Holidays! Today we wil consider the trading pair GRT/USDT. Recently we put out ideas on SUSHI, LUNA, AVAX, 1INCH etc. talking about first wave extensions and their price targets for 2022 (all linked below btw). This, we will do a similar idea for GRT. As you can see in the chart above, GRT has had a 9500% growth in...
Been a minute since we published an idea. Today we look at the pair, SRM /USDT First off, the Fundamentals, SRM (Serum) is a decentralized exchange built on the Solana Blockchain that allows you to make both market orders and limit orders compared to traditional DEX's that only allow market orders namely; UNISWAP, SUSHISWAP & PANCAKESWAP etc. In addition to...
In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars. Today we will be talking about higher targets in our re-analysis. Visit the previous analysis for inights(will also be linked below) As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch Currently in a larger...
Chart Above has everything you need to know about current price action. Overall move is a Third-Wave Extension, hence wave 3 being the longest Best course of action is to DCA, instead of leverage, or wait for bitcoin confirmation. If you found this helpful, pls leave a like and share you comments below. Feedback is appreciated.
Well would you look at that, a Bitcoin analysis. Opting for the Higher time frames here, from the chart above we have 4 trendlines, all of which have played significant roles in bitcoin achieveing it's current price action. Looking at the trendline that initiated the bounce on November in the year 2011, bitcoin has found itself at the trendline once again after...
Picking up from where we left on our analysis on UNISWAP yesterday (linked below), Price looks to have broken above the pennant whilst forming a bearish divergence in the process. Could be a short opportunity and will most likely be a fakeout until invalidated of course. Trade Idea; Wait for price to close below resistance before going short. Enter with a...
Greetings fellow Traders, Today we consider the trading pair DOT/USDT Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process. Currently Near Support of the trendline, and still in it's Larger Wave 2...
TL;DR -Watch for restest of horizontal support -Target $4.19 as first target( sell initial investments) -Watch for succesful retest of D1 resistance or purple trendline and add to positions -Target trendline resistance as second target ($6.5+) As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long...
In the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle. Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III. After which a correction should see us find support either at Prev Ath...
This, we're considering the trading pair, AVAX/USDT Just like the last two ideas, This is also a First Wave Extension according to Price Action. Completion of the Wave 3 would give us a target in the range of $200-$264, after which a slight correction wave 4 will occur and up to our Wave 5 target of about $370+ NOTE: DURATION FOR TRADE MAYBE INACCURATE. NOT...
Believe the chart is very much self-explanatory. Third Wave Extension. Expect a retracement back to $60 levels. Sidenote: I know everyone is bullish on solana and the hype is there, but consider this and be cautious.
Good day fellow traders. Today we will be looking at the Trading pair QTUM/USDT picking up from were we left off. In our last/original QTUM idea, We identified potetial buy zones and support areas to cop some tokens for long-term gains Price has met our Mega buy zone area and we could have seen the end of the wave 2 correction. Also in line with the Ascending...
Looking at the Chart, Qtum is in its third Impulsive Wave of the shorter wave count, and in its 5th wave of its longer wave count. Each with a Target of the 1.618 Fib Resistance around $57 taking us to new ATH's by December/January A break of the Weekly support would signify break in Market structure and a bear market. Apply Risk Management.
In my last FTM analysis i showed how ftm could have seen it's top and was due for a correction and it played out (even tho i wish it didn't) as a ABC correction wave. In todays analysis I will be showing possible future moves for FTM. While The ABC correction in the last analysis we did (linked below/Chart beneath this statement) was correct, it seems that was...