TheTraderAndy

TheTraderAndy

Trend line break in October/November.. new bull phase begins... Top in July/August 2025.. $128k is pessimistic target. $225k is optimistic target. Fractal from previous bear phase...for illustration purposes only... NFI...

TheTraderAndy

Possible scenario playing up to complete a head and shoulders pattern. Rally up to high 50s, then another corrective wave down to fill the "void" in the chart, aka the mid 20s. We may see a wick down to 20k, but likely this will be front run at around the 24k mark. Not financial advice.

TheTraderAndy Updated 

ICX is a great project, but not going to pump to All Time Highs tomorrow. Have patience. ~3x + by August is possible and likely if we follow this logarithmic growth curve.

TheTraderAndy Updated 

Continuation pattern forming on both USD and BTC pair for AUDIUS.. Interesting project.. Could see a continuation of uptrend soon. MFI is oversold, RSI looks like it's finding some support. Stochastic RSI price action is flat, looking for a crossover and move above 20 there (not displayed here), would wait for confirmation of these factors and a break to the...

TheTraderAndy Updated 

Great company, great earnings, growing TTVs every month, and bullish price action. Bitcoin is gearing up for a leg higher. 13$ is my next target. Few.

TheTraderAndy Updated 

Potential break out of the infamous "mem triangle" aka bullish pennant. We *could* see a move to ~0.9c pretty soon

TheTraderAndy

Sadly, too many moonboys in the space who have no idea how market cap works as a function of price. Especially when the supply of a token has since inflated dramatically since the ICO / mania / hype / listing phase. Yes the overall market is growing in market cap - however there are also many more projects competing for said market cap, so it's all relative. Do...

TheTraderAndy Updated 

Earnings on the horizon, there's a lack of confidence here.. Don't forget the meteoric rise during Q4 of 2020 (165% Gain Alone). We can see we are still in an uptrend. We can see rejection off 20 Day EMA. We can see neutral RSI, and potentially bullish Stochastic RSI. Bitcoin is also doing well this week, and will have a strong April, as we are entering a new...

TheTraderAndy

Log Chart of AAVE, with curved/parabola trend lines and potential paths. The fib levels indicate points of resistance. Current Strong Resistance: 0.236 Fib, EMA20, EMA50 - wow! Support from EMA 100 - pretty cool to see this all line up. Breaking through this resistance area could rocket the price up to previous highs, possibly further. We also have the...

TheTraderAndy

Another analysis, this time on the weekly chart and following the method of Dave-The-Wave who accurately predicted the last cycle top relying on parabolas. Instead of relying on indicators here, apart from the Pi Cycle Top Indicator, we can see there's a potential risk of 85k~ being the cycle top. This model could be completely invalidated, as all models are...

TheTraderAndy Updated 

As we try to make sense of the market via TA, and after posting many ideas (And those ideas evolve over time), given my bullish bias towards this asset class, I believe we are still in a solid up-trend, and forming "healthy" market structure here with some consolidation and forming a bull-flag continuation pattern. There are bearish-divergences appearing on the...

TheTraderAndy Updated 

As soon as BTC consolidates, we could either range between current support/resistance or break out of the pennant to the upside, as well as $460 resistance. Next stops would be $540 (always factor in a small % for front-running), $580, $650 and $720

TheTraderAndy

Could we see Bitcoin top this cycle between 100-110k? Can we extend much farther then that or will the power of crowds and technical analysis control the price, more so than the fundamentals and sentiment? That would be the only reason this outcome is validated. We should want to see some confluence with on-chain metrics. We would also want to avoid bearish...

TheTraderAndy

Possible Scenario For $BTC. What we have is a weekly chart, with a log growth curve which illustrates how bitcoin has grown logarithmically over the years, and helps to spot potential future market peaks. I've combined this with a couple trend lines to give us potential scenarios. One being, we top out around May this year at 112,000$ or slightly higher. We...

TheTraderAndy Updated 

Bullish continuation pattern formed on the daily chart, looks like a breakout to the upside is imminent for $ICX .. Upside target before entering resistance zone would be $3.80-$4.00 range with profit taking along the way ($2.70-$2.80).

TheTraderAndy

BTC may probabilistically show strength over the weekend as there's an Inverse Head and Shoulders Pattern forming. I think *mild* upside is possible, with a few more days of sideways action before the next leg up. The fact that $BTC is holding up so well during a large sell off in the equity markets, shows the strength this asset class has during these uncertain...

TheTraderAndy Updated 

If support area (box) holds, BTC will likely slowly consolidate sideways until the Bollinger Band contracts (not shown here), before another explosive move to the upside (my fundamental bullish bias for BTC). I was off with my timing on my previous trade to go short, however, the price did break UP out of a potentially bearish pattern, before rocketing to the...

TheTraderAndy Updated 

Weekly and Monthly charts are pretty overbought, we are sitting on 90 on the weekly RSI. Rejection off 50k Psychological level. Rising Wedge in a bull market is typically a corrective pattern if we break below lower resistance. Unless Elon tweets something about BTC, I think we head down for a small correction, before heading higher. Short term bearish...