Here is an update to our previous chart that can be found here: From that previous post, we did confirm the key zone as support and have been riding our blue trendline to the upside. Currently ETH is testing this blue trendline and will tell us exactly what wit happen next. If we continue to close candle bodies at or above this blue trendline UPtober will...
Here we are seeing a short term trade setup form for JUP. On the 2H chart we have seen price heavily defended at the $0.78 level with three seperate wicks. This has created what are known as tweezer bottoms. Of course, its on a lower timeframe, but with a bullish divergence forming on our RSI as well seems like a great trade setup. On the other hand if we break...
Please note: This is very speculative as moodeng is a brand new memecoin and is very high risk. Here I have added my dextools chart. None of the tradingview charts for MOODENG are good therefore I choose dextools to chart this particular asset. Simply scroll over the image I have attached to see the chart without the candles overlapping it. What we can see is a...
Again another picture perfect prediction thanks to the amazing analytical tools of Viaquant. In our last post we laid out the two scenarios that were most likely to happen with the rate cut decision. The first scenario we laid out was the one that ended up playing out and we got the pop from $60,000 to $64,000. Exactly to our white line of resistance we laid...
Here is an update to my SOL chart from a few weeks ago. This chart has been amazing to trade. Still holding the $120 zone as support. Also the white line of resistance I had drawn here is still very much in play. We just tapped it at $150 and have seen sellers continue to respect this trendline. Once we break above the white line and confirm the breakout...
Please refer to our last prediction^ As predicted, after confirming the breakout RLB has retested our trendline around $0.085. After buyers cam back in a held that as support we are trying to gain momentum to the upside for our run back to $0.20. The only thing left is to watch the 3D RSI (right chart) to flip that RSI level of old resistance into new...
Just wanted to provide an update to our FTM chart. After a perfect retest around $0.36 price has skyrocketed to our first resistance zone at $0.64. Depending how traders will react here will determine if we break to the next target or get a pullback to retest old resistance as new support
Hello traders, Briefly I wanted to give my thoughts on what we might see develop with the price action of BTC today. No matter what I believe these rate cuts will lead to the continuation of the bull market in the macro structure but it is possible to have a short term pull back before. We are viewing the CME chart as we still have a gap to the downside around...
Here is an updated to our previous post that can be found here: Since that post TSX:RLB has seen an explosive 35% pump on the 3D breakout. Here's what to watch for next. Price has seen some sellers come in and defend the liquidity zone around $0.115. Getting the retracement now, we want to see price hold and create a higher low between $0.085-$0.095. This...
Based on our previous post we are watching for price to breakout of our daily falling wedge to confirm this reversal. On the weekly chart things are starting to look great. We have seen a full retracement from our high to the 0.618 (known as the golden ratio). This would be a perfect place for price to bottom out at before starting the next leg of the bull. We...
Massive falling wedge forming on PEPE's daily timeframe. A break above could confirm the breakout and send us back to the highs. Falling wedge's are generally bullish patterns that are formed when price forms a series of lower high and lower lows. Once a higher high is formed, it usually signals the reversal of the downtrend. This PEPE analysis is also supported...
RLB continues to build a phenomenal structure both in price and with our strength index. This next week could be a massive week for RLB given BTC starts its recovery. What we want to see is RLB close a 3D candle above our red line in price while also closing our RSI above its red line which sits around 55. If we see another rejection from both these levels then...
Doge is in the process of finishing another accumulation phase before the next leg to the upside. You can clearly see this is the case as moving averages on important timeframes have been heavily defended. Here is what to watch on the higher timeframes. - Holding 200 MA on the 3D - Holding 100 MA on the weekly (price just had a perfect railroad track off this...
On the monthly timeframe, FET looks like a fantastic buy. Our key level of old resistance (red box) got flipped into a level of new support (green box). On top of that FET created a doji candle to close out the month. This could signal the downtrend for FET is on the monthly is over and that a new uptrend can begin.
A few key signs of strength are starting to appear in the short term as of Sep 2, 2024. We will continue to monitor these developments. -Bullish engulfing candle on the daily timeframe -3D doji printing -Weekly railroad tracks forming
Here is a link to our previous chart: This will be the last chart for tonight but very important. Last week we saw Solana breakout of this triangle, successfully retest it as support and have another leg to the upside. But with the weakness in BTC and ETH, Sol fell back below the trendline invalidating the pattern and thus falling into the $120 demand zone...
Here is a link to our previous post: We were expecting ETH to outperform Solana with the ETF and other factors for the cycle, but no things might be looking to take a turn. If Solana can take advantage of the weakness of ETH at the current moment then it could break out of this supply zone and start increasing at a faster rate than ETH.
Here is a link to our previous chart: It is amazing to see the accuracy of this chart. We are still in our white symmetrical triangle. This resistance has again caused the ETH/BTC pair to get rejected an additional 3 times leading to a breakdown. Once our support at 0.049 was broken it caused a collapse to test our lower white band of support. Now that the...