WhoIsWu

WhoIsWu Updated 

DUSK has had an impressive run since the low of January 22nd to the high on January 26th, a +51% gain. After a few Zig Zags, DUSK has lost about 11% of those gains. Now I would like DUSK to retrace towards the Golden Pocket, for that it needs to break below Support 1 and Support 2. While it's taking stabs at Support 1, it is at the bottom of the weak channel...

WhoIsWu Updated 

LUNA has retraced quite a lot since January 25th BTC bounce, now seems like the time for a good Long opportunity. Price is currently in the Daily Support channel, unless there's a force majeure, LUNA is primed for a bounce up. Coincidentally LUNA is also near the Golden Pocket of Fibonacci Extension taken from January 20th to January 23rd. It is also at the bottom...

WhoIsWu Updated 

Following my biased logic of What goes up, must retrace! ICX doesn't particularly stand out, I screened it purely on +% change and low volume today. And I don't usually look up if there are any big news for the coin, but today....... I also didn't check the news. My thesis is quite simple: #1 ICX is in the Golden Pocket of Fibonacci Extension taken from January...

WhoIsWu

Expecting GALA to stay between Resistance and Weak Support for the Weekend. Direction will be clearer depending on how hard it breaks/rejects the Resistance, GALA has already attempted to break through twice on the 26th and 27th of January. Overall, I think GALA will cruise towards the Support of around ~$0.16 in the next 4 days. When in trade I keep to a strict...

WhoIsWu Updated 

I've attempted to read LRC last week, and kind of succeeded. Drawing an ascending channel from January 21st, LRC has reached the top of it. Coincidentally the price is in the Golden Pocket of the Fibonacci Retracement taken from the high of January 19th to the low of January 22nd. If there is a decisive brake down from the Golden Pocket, I expect LRC heading...

WhoIsWu Updated 

SOL has spent the past two days in and around the Golden Pocket of a Fibonacci Retracement taken from the low of December 23rd 2020 to the high of November 6th 2021. Naturally I'd expect at least some sort of a bounce above the 0.618 level, but considering how the Golden Pocket is based on a +1 year Fibonacci Retracement, the bounce might take a few days to...

WhoIsWu

I've noticed BTC forming a somewhat clear Double Top on Daily and Weekly Charts, a thousand ideas covering this figure were probably posted on January 21st, but here's my iteration. Logically the price is heading towards a long term Support channel between $31k and $29k. If Support Channel doesn't hold, next line of defense is the Golden Pocket, Fibonacci...

WhoIsWu Updated 

My original thesis of a 5 EWT Count starting on January 19th was invalidated once wave 4 dropped below wave 1. New and improved Thesis! Waiting on what the price decides to do with the Golden pocket, as seen on 1H and 15M charts. On the 15M chart, if the price breaks above 0.618 (~ 7.267) level with strong volume and is supported by either side or up movement of...

WhoIsWu

Expecting a bounce from the Parallel Support from December 20th. Ideally price will reach the Resistance of January 10th before resuming the downtrend. This presents a good Long Scalp opportunity, will wait for the price to retest Parallel Support first. When in trade I keep to a strict Risk Management plan and keep an eye on BTC This is my Thesis, targets are...

WhoIsWu Updated 

Attempting a EWT 5 count and corrective ABC for DUSK. DUSK doesn't yet have strong long term S/R channel to validate the count, so I've used the Parallel channel for extra confluence. ABC corrective levels are based on my Fibonacci Extension calculation. Targets are: A ~ 1.009 B ~ 1.057 C ~ 0.99 When in trade I keep to a strict Risk Management plan and keep an...

WhoIsWu Updated 

TLM (Alien Worlds) showed up on my radar purely because of its massive ~82% increase in daily Volume over the past 24 hours. Closer inspection of the chart satisfied quite a few of my trade criteria: #1 Channel formed since 9-ish of January #2 Price approaching the Golden Pocket #3 Price rocketed through a Resistance Channel which has been tested a few times...

WhoIsWu

Since January 15th, KAVA has twice tested it's December 2nd Resistance, in the process creating a couple bullish structures. #1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th. This for me is an omen of more upside. #2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and...

WhoIsWu Updated 

KAVA (KAVAPERP) has had quite a run up in the last +7 days, of around 45%. Once again it has reached the top of the channel and is right in the Golden Pocket of Fibonacci Extension. Taking into account that it's the weekend and confluence between Channel top and Golden Pocket, I expect a mild correction. If the price breaks below 0.618: First Target is 0.5...

WhoIsWu

On a 1 hour chart, KSM appears to have formed a Symmetrical triangle, a series of declining Maxima and increasing Minima. And it's getting quite close to the Apex (pointy end of the triangle). It might Breakout Up or Down, so far I'm only speculating about the magnitude of either Breakouts, approximately 25%. What's also important, one of the sides of the...

WhoIsWu

DYDX is too new for any Daily chart analysis, so the next best thing is a 4H. I don't often use EWT, mostly because I can spot a 5 count in everything, and it feels very subjective, but let's see how this thesis holds up. Using my Confluence indicator (not public), DYDX reached somewhat of a clear Top on a HTF. Logically I want it to have a smooth ride down Wave...

WhoIsWu

First time spotting a Bull Flag. AVAX stayed within the Parallel Channel for almost 4 days, if it doesn't break it's Long term Support (around $62) I expect price to retrace to $73. MACD is flattening on a 4H chart, so keep an eye out for a Cross Up. Resistance levels are marked R1-4. FTX:AVAXPERP BINANCE:AVAXUSDTPERP

WhoIsWu

Update to my September 24th FIL analysis, switched charts from FTX futures to Binance Futures. I've been waiting on 2 conditions to open a LONG position in FIL on a Daily Chart: #1 RSI reaching 30 or lower and then breaking the trendline #2 MACD Cross Up RSI is almost at 30, MACD still has ways to go, strongly trending down at the moment. Price is reaching the...

WhoIsWu

On a Daily chart, FIL appears to be channeling down (semi-channeling) towards a historic Support all the way from the year 2020. I'm not counting on FIL to reach the Support, I'm more interested with what happens to RSI and MACD. Historically, whenever FIL's RSI dipped below 30 on a Daily chart, the price recovered at least 50% rather quickly. This can be observed...