Today, AI cryptos did very well before the drop of BTC. AI-hype will continue in my opinion and AGIX is one of the best performing AI cryptos. On 4H-TF, prices broke the trendline and retest is going to finish. A referenced setup is in chart: SL $0.36 TP1 $0.519 TP2 $0.66
On 4H TF, FLM broke the long term trendline (since November 2021). The retest is on going. One can wait for retest to be done (with 4H candle) to enter the trade or one can enter here, depending his trading style. In any case, a good risk management is always needed. One needs to keep an eye also on BTC which is forming an ascending triangle , in my opinion. For...
MANA is one of the best performing cryptos (big caps) since the beginning of this year, with 75% of increase. Since then, MANA has been consolidating in an ellipsoid. It seems that the end of this consolidation is coming. On 2D TF (cf screen-shot below), buyers seem to come back because MFI and CMF values are bouncing after falling to their trendline. As a...
DODO has been in a long-term descending channel. It's at breaking point. Let's keep an eye on it because it's been performing very well while BTC was dropping today.
ICP has been in a descending channel since June 2021. Finally, it's just broken this channel. Although, the prices has been continuing to decline since being listed in exchanges, Dev teams of Internet Computer are always among the most active ones with promising roadmaps (in theory). With this breakout, will ICP make a big run to reach 100% target?
AGIX, a trendy AI crypto with high volatile these days, broke out the 2H trendline. It's ready to retest the previous ATH at $0.66 (i.e 40% from here).
SHIB had made 850% during the previous bullrun in quite a short time after 5 months of accumulation. This time, the accumulation period is even longer (i.e more than 9 months already). When will SHIB break out? It would be soon thanks to the current moves of BTC and the whole market. Moreover, CMF values became positive (as in the past, this is an early sign of...
LPT has been consolidating around the trendline starting from July 2022. In high time-frame (2D), we can see better this consolidation with the below screenshot. In lower time-frame (4H), prices are about to break the local trendline (to be confirmed). If break-out is confirmed, we can consider the setup as in chart with good R:R (5.8)
Hooked Protocol is a Web3 gamified social learning platform providing tailored Learn & Earn products. Launched in late 2022, this crypto has big potential to evoluate. Currently, HOOK prices are right above the trendline and can probably gain more than 50% from here in short term.
AAVE has been consolidating around the long-term trendline with EMA 50D as support. Volume indicators like MFI and CMF have already broken out their trendlines and still hold above these levels. This means that buy pressure is still maintained during the latest correction of BTC. As a referenced setup, target is $112 (+40% from this price) and SL should below...
ETH has been trading in a quite narrow range of 10% since a month. It seems that ETH is in an accumulation phase following Wyckoff method. This is my hypothesis based of recent movements. One needs to follow closely the next moves to be sure. But in my opinion, it is a good time to accumulate ETH. For a bullish scenario, ETH would go to 2400 in next few...
TRX was stuck under the longterm trendlines(s) while many other big cap in top 20 had already break-out. BTC turns bullish is a good opportunity for TRX to break the trendline and fly. MFI indicators had already in good buy region supporting this break-out.
SKL has been moving in a descending channel. Prices are at break-out point. As a reference setup: Target will be the next weekly resistance (+75% from here). SL will be below the current weekly support or the EMA 50D (-25% from here).
Hi all, The phase D of distribution schematic in my previous Wyckoff analysis didn't happen. It seems that the small rally of BTC caused a phase Shift. I think that this small rally is generated by FOMO effects and belief on doveish scenarios after FED decision on rate (+0.25%) and Powell's talk on 1st Feb. As a consequence, the previous Wyckoff analysis on a...
ROSE prices are right below the longterm trendline. Trading volume has continuously increased. Indeed, volume indicators like MFI and OBV have already broken out. This is a good sign of a imminent breakout. Along with the rise of BTC and metaverse coins, ROSE would follow. If breakout happen, ROSE would reach level of the last november 2022 (50% rise) as some...
GRT is an AI crypto with the biggest market cap. While other lower cap coins (like FET, OCEAN, RLC...) have printed very nice performances, GRT is still waiting for a breakout. We may see this to happen quite soon. In 2D TF, GRT prices are at breakout point of a descending channel. However, volume indicators broke already their trendline resistance. In my...
GALA has been moving in an ascending channel and it's breaking down. RSI is at breaking point as well. Target would be the EMA 50D. * For safe trade, one should wait for confirmation before entering (a clear break-down with 4H candle and succesful retest of trendline if needed (depending on you style)).
DIA is an Ethereum token that governs Decentralized Information Asset (DIA), an open source Web3 data and oracle platform. Its main objective is to become the Wikipedia of financial data. The structure of DIA worths an attention: Prices are at breaking point but need to confirm Consolidation - Manipulation - Expansion seems to be formed Let wait and see...