TheTraderAndy

TheTraderAndy Updated 

Once the most pumpy of memes, has fallen from grace... but I believe a big rally is on the horizon.. Testing high timeframe trendline, macro 786.. Falling wedge pattern forming.. And bullish divergence on 4h and 12h timeframe.. Selling volume decreasing... This is in the process of bottoming out in my honest opinion..

TheTraderAndy Updated 

To add to my previous analysis on the linear scale, the log scale paints an even clearer picture that this is indeed, the most ideal spot for a reversal in popcat. Log 786 retracement tapped, lower bound of the channel tapped, fib time 0.618 reached, bullish divergence on the oscillators. This is a generational entry, with targets as high as $12 possible during...

TheTraderAndy Updated 

Pretty confident that we are at, or very near, the bottom of this post Coinbase-listing dump / alt coin destructive phase. Meme coins are extremely oversaturated nowadays with new ones launching every minute. You are better off betting on recently established (1yr old+ but not too old) with good listings, great community, strong holderbase, great content...

TheTraderAndy Updated 

AI the hypest narrative in the space today. This coin has an interesting use case. But most of all, the market cap is low enough for it to rip up. The chart looks extremely bullish. And perpetual funding rates keep oscillating into negative territory, possible due to large amounts of shorts piling in - meaning, a short squeeze is inevitable.

TheTraderAndy

I believe we are in the last leg of the cycle here. I expect another sideways chop to form a bull flag pattern into end of march, then a 3 wave move up to tap 164-165k before entering a 12month + bear market. Fear is at an all time high, alt coin traders are completely obliterated (I have been through it too, a lot of my previous attempts to call bottoms on some...

TheTraderAndy Updated 

The Fibonacci Speed Fan is a technical analysis tool that combines Fibonacci retracement levels with trend lines to identify potential support, resistance, and trend reversal points in an asset's price action. This tool has proven to be particularly useful in detecting trend reversals, especially in the case of the XRP token. XRP has demonstrated a history of...

TheTraderAndy

This could explode and do a 100x from here. Hidden gem, competitor to MoonPay which has a 3.4bn market cap, this company only has a 27m market cap. And the down-trend just broke. Nice breakout candle. Don't sleep on this TSX future giant. 1. Strategic Position in the Crypto Ecosystem Banxa acts as a crucial bridge between fiat and crypto by offering...

TheTraderAndy

Canaan Inc. (CAN) has had several bullish developments recently. The company continues to focus on expanding its bitcoin mining operations and strengthening its balance sheet through strategic financing and share purchases. Some key highlights include: Operational Growth: Canaan's bitcoin mining capacity increased significantly, with a 58% boost in computing...

TheTraderAndy

Why am I bullish IREN? AI Cloud Services Growth: Iris Energy's AI Cloud Services division is expected to generate $32 million in annualized profits. This is a new strategic move that leverages their existing infrastructure to diversify revenue streams beyond Bitcoin mining​ Increased Bitcoin Mining Output: For September 2024, Iris Energy mined 347 Bitcoin, with...

TheTraderAndy

Soluna Holdings (NASDAQ: SLNH) focuses on green data centers that convert surplus renewable energy into computing resources for applications like Bitcoin mining and AI. Recent updates include the expansion of several major projects. Project Rosa secured a partnership for 187 MW of renewable energy, while Project Dorothy continues with infrastructure development....

TheTraderAndy Updated 

Simple Elliot Wave count here.. ABC correction into a gap + 0.382 fib forming a valid bull flag.. If this plays out, then SPX could see 5000 next year.. Only concern is NDX looks toppy ... that could drag the whole market down

TheTraderAndy

Alright, let me break it down for you: ETH is heading straight to $12,622 – no ifs, ands, or buts. Why? Because the charts are screaming it. Fibonacci Extensions: The 0.618-0.65 levels are textbook targets for major price moves, and guess where they’re pointing? You guessed it: $12,622. This isn’t guesswork, it’s mathematics. Measured Moves: Look at the last...

TheTraderAndy

Perfect Bullish Gartley Harmonic formed on RIOT. The target for this trade is 29$ I'm hopeful the stock goes much higher, but for now, this technical set up caps out at 29$

TheTraderAndy

MOG is showing a textbook Livermore Speculative Pattern right now, and it's looking super bullish. For those who aren't familiar, this pattern is known for leading to explosive moves, and all the signs are pointing towards another big leg up. We've already seen the initial accumulation and breakout, and now we're in the reaction phase—exactly what you want to see...

TheTraderAndy

Of personal belief that ETHBTC has finally bottomed out and will outperform BTC for a while moving forward. ETH proxies like ETH based memes will benefit even more. Bullish Divergence on Weekly and 2Week Chart Golden Pocket Support. Sentiment in the toilet.. Time to reverse trend :)

TheTraderAndy Updated 

Don't let the "fundamentals" mess with your head.. NDX has another 36% climb ahead of it, before it's next serious correction... I called the bottom of this correction quite accurately (In fact, I called it but 4 days in advance to my predicted date it bottomed... This is a text book bull flag with a measured move to the 161.8 Perfect technical...

TheTraderAndy

Previous chart got messed up on TV, so reposting with more detailed information.. This daily BTCUSDT chart illustrates a classic Wyckoff Accumulation Schematic, showcasing various phases and key levels critical to understanding the potential market movements. Phases and Key Levels: Preliminary Supply (PSY): This is the initial point where substantial...

TheTraderAndy Updated 

Looking very similar with one small difference (the Phase B Upthrust didn't make a new high)... Aside from that, this pattern is playing out 1:1 If it continues, price should drift upwards leading to a breakout.. likely in September.