evasivesteering

evasivesteering

BTC has broken above its weekly trendline resistance, although prices remain below the monthly resistance level. Trading in this range is challenging and requires quick adaptation to shifts in market sentiment, driven by political factors (such as the U.S. election and global conflicts) and macroeconomic conditions (like the Federal Reserve's stance on rate...

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TIA is breaking out its trendline with a good green candle. Setup is proposed as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

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DYdX is currently the fifth-largest decentralized derivatives exchange by total value locked (TVL). Since March 2024, DYdX has lost 80% of its value, with one of the potential reasons being the departure of its CEO in May 2024. However, with the CEO's return, there is potential for the company’s situation to improve. From a technical perspective, the price is...

evasivesteering

Alongside my longer-term analysis of BTC, I'd like to share my outlook for the short term. In my view, BTC appears to be forming an accumulation pattern in line with the Wyckoff method. If this holds true, BTC may return to the inner range in preparation for its next breakout attempt. A strong buying opportunity is likely near the lower boundary of the current...

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BTC continues its gradual decline despite the ongoing news around wars and macroeconomic conditions. It appears to be forming a descending ellipsoid consolidation pattern. I foresee two potential scenarios for a price bounce: A breakout from the current ellipsoid structure A dip toward the next support level around the $50,000 range The first accumulation...

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BTC has just broken the local resistance, in 4H TF. A long set-up is as in chart. I opened trade at this price and add more when BTC retests $60800 level. Final target of this trade is the monthly resistance at around $74000. Before this level, BTC needs to break the 1D resistance trendline. Disclaimer: This analysis is based on my personnal views and is not...

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LINK is currently priced attractively, sitting just above the weekly trendline. During Bitcoin's rally from $25,000 to $73,000 about a year ago, LINK was one of the standout performers. I'm buying LINK at this level with a long-term target of its previous all-time high. Disclaimer: This analysis is based on my personnal views and is not a financial advice....

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BTC prices have been consolidating below the monthly resistance for almost 3 months. This is bullish. In my opinion, a bull flag is being formed. My strategy is as follows: If a monthly candle closes above the monthly resistance trendline, it's a BUY signal. A better BUY would be when price falls to the lower range of the current flag, around $57000 -...

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SOL is one of my favorite cryptos and I've bought it around $30 (see analysis in the link below for long-term view). For a short-term trade, my waiting point to open Long is mentionned in chart. A detailed setup will be shared at the moment of entry (with precised Stoploss). Disclaimer: This analysis is based on my personnal views and is not a financial...

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I've been closely monitoring both the BTC chart and the market cap of altcoins (excluding ETH). The current support level for altcoins is quite strong (Fib 0.618 on daily and weekly support). This support needs to hold if we want to see a recovery in the altcoin market or at least a stop to the ongoing decline. Disclaimer: This analysis is based on my...

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PEPE is retesting the local trendline. I started to buy PEPE here and increase position when bounce from trendline. Trade setup is as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

LINK is at its support since November 2023. As a result, I opened a Long with set-up as seen in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

INJ is currently at weekly support and is bouncing well. I open a Long with setup as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

AR forms an accumulation schematic following Wyckoff method. Spring event has just happenned. Moreover, the volume indicator CMF has also successfully retested the broken trendline. I opened Long here and target $80. First TP would the the range's high. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under...

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KNC has been consolidating in the current range for 1 year and a half. I bought KNC here and hold for some months. Reference SL and TP levels are in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

ATOM is testing again it's range low. I bought ATOM at the current price. Invalidation and final target are mentionned in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

evasivesteering Updated 

SOL is one of the most affected cryptos by the FTX crash. Without knowing much about its fundamental, I would like to give my view based on TA. In my opinion, along with other large cap cryptos, SOL may have found its bottom (at $8). What will be the worse scenario for SOL than the FTX's fall? May be the crash of all markets? Except this extreme scenario or a...

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LTC halving has just happened on 2nd August 2023. Compared to the previous halving in 2019, prices are similar but LTC's bases of today are more solide: trippled total adresses , doubled active adresses, doubled hashrate. In my opinion, LTC is still in an accumuation phase in a big range $58-$114 and this would continue for months, maybe until the next halving...