Stoic-Trader

Stoic-Trader

HOT is looking interesting for another leg up, with bullish RSI divergence on the lows, and no divergence on the higher high (1 or A). For long trades, I see an aggressive and a conservative stop loss level, depending on your trading style. Targets can be placed on resistance levels along the way, shown in yellow.

Stoic-Trader

1INCH is giving us an impulsive wave count which is valid as long as we stay above 0.3204 (wave 1 high). A break of the green descending trendline without invalidating the count, is a bullish trigger. First target for wave 5 is 0.6500.

Stoic-Trader

I have taken a long trade expecting a new leg up for this pair. Based on bullish RSI divergence on the recent low + impulsive wave (1 or A) + lack of divergence on the recent high. Targets, stop loss and partial profit targets are on the chart.

Stoic-Trader

The correction which began last October is currently in black wave B. My expectation is that the uptrend will continue in the next days. If there is a fake breakout above gray resistance, I believe we will have a good short opportunity.

Stoic-Trader Updated 

In the daily timeframe, WLD is printing an impulsive wave to the downside. My primary count considers we are in green IV of blue V. Therefore, I expect a new lower low under the red line (1.937), and then an upside movement initially targeting purple line resistance (2.791).

Stoic-Trader

In a longer term view, the solid run of the dollar could begin facing hurdles soon. I am considering this to be wave C, which would lead us to a reversal pretty soon.

Stoic-Trader

This token had a nice rise over the last 6 months, but technicals are not looking good right now. We have: - Ending diagonal pattern for blue 5 / black 5 / gray 3. - Bearish RSI divergence I don't see SUI as a good opportunity right now (unless you are a holder), and I'll wait for a corrective pattern (gray 4) before looking for new long trades.

Stoic-Trader

After a 500+% pump, IOTA made a solid correction down to 61.8% pullback, which is acting as some sort of support. My primary count considers black C / gray 2 is over. But... to have a higher confidence that the uptrend has resumed, I'd prefer to see a break of the purple level at 0.4495.

Stoic-Trader

▶️ The ascending channel gave us an ending diagonal with bearish RSI divergence. ▶️ The break of the bottom trendline is a strong indication that the downside will persist. ▶️ Most obvious initial target is the closing of the gap at 296.34.

Stoic-Trader

Expecting TON to find resistance in the 5.45 to 5.50 zone for another leg down, completing green V. This zone is a confluence of 50-61.8% pullback and resistance from lat December lows.

Stoic-Trader

XRP Triangle Ripple has been in a symmetrical triangle since early December, which gives us a slight bias for upside continuation. Lower prices (wave E) will be interesting to look for long trades.

Stoic-Trader

After a beautiful pump, ZEN is now correcting, together with the whole crypto market. We have already reached typical correction levels (50-61.8% pullback), so I'll be keeping an eye on reversal patterns for long trades. There a support level in the green zone, around 18-19, which could serve as the platform for a new uptrend.

Stoic-Trader

A Bear Flag has formed and it seems that it will soon be broken to the downside. A correction to the gray resistance zone will be an opportunity for short trades. This view is supported by: Lack of bullish RSI divergence on the December low Bearish RSI divergence on the January High Impulsive move to the downside on the last couple of days.

Stoic-Trader

▶️ I view the upward movement starting in August as a leading diagonal. ▶️ This suggests a new ABC pattern upwards for black 5. ▶️ Note that Black 4 might still be ongoing, potentially leading to another drop to test the bottom ascending trendline.

Stoic-Trader

▶️ I am biased towards further downside price action. ▶️ Drop from early December has an impulsive look. ▶️ Upside movement is forming a corrective bear flag. ▶️ There is no RSI divergence in the recent low. ▶️ Therefore, the higher probability is for a new leg down retesting 0.1462 low.

Stoic-Trader

I believe Netflix still has upside potential. Wave Analysis: We are nearing the end of the current correction (green c / blue 4), which should lead to the next upward movement (blue 5 / black 3).

Stoic-Trader

Black 4 from my previous analysis seems to be complete. Blue 1 should be wrapping up soon. Blue 2 is a buying opportunity targeting recent highs.

Stoic-Trader

Upon completion of an impulsive wave to the downside, we are now in a correction which should target the 0.57 to 0.574 zone. This matches the 50-61.8% pullback with the green ascending trendline previously broekn in mid-December.