MASK is at break out point. This will be epic, IMO
OP is consolidting in a range and can break it. Proposed target is as in chart. SL would be below the EMA 50D ($2.25 for example)
APT is among the rare cryptos that have a green candle today. Suported by news (*), APT's prices hold well the key level which is a confluence of Lower trendline of a falling wedge Fib 0.618 CMF bounces at support trendline In my opinion, one can accmulate APT here down to $10.2 and sell at proposed targets. It would take some weeks. This trade is...
FTM prices broke the descending channel and is finalizing the retest. In case of a successful retest (1D TF), a referenced setup is as in chart.
IMX was amongs cryptos with the best performances these weekends. It's now in consolidation phase. A bullish pennant is formed. In my opinion, it could reach +25% target (from the current price) with two possible scenarios as depicted in chart.
INJ has been forming a kind of Wyckoff (re)accumualation. Price action is at the end of Phase D, at SOS (sign of strength) step, more precisely. As a result, a proposed setup is in chart.
GALA is breaking out the descending channel. Trade is activated if the breakout is confirmed. A referenced setup is as in chart.
BTC prices are just above the Fib 0.786 level ($23127). This Fib retracement is drawn for the range starting from August 2022. If this level cannot hold (1D TF), in my opinion, the current uptrend will be interrupted. The next lower levels would be : (1): EMA 50D (2): Fib 0.618 (3): Fib 0.5 (4) : CME gap at $20000 Under the current context (bad...
Hi all, I would like to share my new mid-term view for BTC. The accumulation is still my preference scenario (please see my previous analysis in the link below). However, I'll not ignore the possibility of a (re) Distribution procedure. As a result, in this analysis, I label both cases: Black for Accumulation and Grey for Distribution. What could be...
GALA broken the falling wedge, retested it and is rejected. As a result, a referenced setup is depicted in chart.
ATOM has been moving in a descending channel since August 2022. A fake breakout happened in February, marking a sign of weakness. Now ATOM is trading inside the channel and below both the EMA 50D and MA 200D. It is a rare big cap losing these two moving averages. Volume indicators suggest that ATOM will go lower: both CMF and MFI broke their trendlines. As a...
MANA is showing more weakness. Firstly, a H&S formed and the neckline was broken. Retest of this neckline is rejected, very likely. Secondly, both EMA 50D and MA 200D were broken down. Bears are in favor. Finally, CMF volume indicator lost its trendline and its values become negative. This means "lack of buying interest". As a result, a short setup is...
QNT didn't make big move since the recovery of BTC and (almost) the whole crypto market, since the beginning of this year 2023. However, if we look at the QNT's price action, we can see that prices are at the lower trendline of a triangle and that the accumulation is still on-going for QNT. Indeed, when comparing to other trendy cryptos like GMX, OP and...
Hi all, After watching BTC moves for some days, here is my view for the next steps. Potentially, BTC would come back to retest the $25300 level. Before doing this, I expect that BTC will drop a bit more from here for liquidity grab. This means that BTC will deviate from the current blue box, to the down side, the go up to retest the higher ranges. The scenario...
LIT had broken out the Darvas box of almost 11-month accumulation. Retest of the box is on-going. It seems that LIT will make a big move after that. This is a swing trade so patience may be needed to reach the 2 targets.
STG seems to form a Wyckoff accumulation price action. At this moment, it holds quite well the current level $1.03. In my opinion, one can have two potential LONG setups. Set-up 1: if STG hold the current level while BTC could down as much as $23000. Set-up 2: if STG cannot hold the current level, and go down to the the long-term trendline. Target will be the...
BTC prices are right below the supply area around $25000. In short-term, this is an important key level to break (or to be rejected). Obviously, we have a Supply area right above but there're supports below. So in my opinion, BTC will be ranging in the zone defined between $23500 - $25300, in the next days. The range with interesting levels that I'm watching is...
From what I can see, a Wyckoff Distribution Schematic 1 can be applied for LDO's current price action (on 4H TF). Now prices are retesting the range's high after a failed break-out. In my opinion, retest would be rejected. In this case, a referenced setup is in chart.