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WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon. It's likely that a H&S pattern is going to be formed. With this scenario, I think that WAVEs would make 50% profit from here. The referenced TP is the MA 200D level and the SL should be below EMA 50D.

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YFII is interesting to keep an eye on. EMA 50D and MA 200D are almost superimposed. A big move is likely to happen. Prices have just broken the trendline. I suppose that YFII is going up.

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BTC had broken the major trendline of the bear market starting from November 2021, at the third time touching this one (see screenshot below). This clear breakout (at the 3rd time) would have risen a question on when the retest would happen. Using Wyckoff method for short-term period (2H TF), it seem that distribution is happening, possibly. You can find more...

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OP is breaking out the trendline resistance. If successful (with 4H candle e.g), it is likely going to establish a new ATH. Fib levels could be references for the next targets.

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MATIC is consolidating just below the strong weekly resistance. The prices are now compact in a narrow area formed by a rising trendline and this weekly resistance. Breakout (A) or breakdown (B) seems about to come. On 2D TF, MFI already broken its resistance and is consolidating right ahove this one (see the below screenshot). This supports eventually a...

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SFP has been consolidating in a Darvas box since May 2022. It is breaking out and could reach 50% target. First, the "Trendline 1" must be broken, which would be a trigger to break also the Darvas box. Target will be the next weekly resistance (50% profit from breakout point eventually). The SL should be below the MA 200D.

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DYDX has formed a perfect triple bottom patterm. Prices are now right under the neckline and DYDX tries to make a breakout. If successful, the next target would be around $4.

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ATOM was struggling to break the trendline resistance (black line). While the breakout is still a question and depending much on the strengh of BTC, some sign of weakness in ATOM structure have already appeared. Firstly, on 4H TF, ATOM is forming a double top patterns with bearish divergence on MFI indicator. Also, it is breaking the 4H trendline. On higher...

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NEAR has formed a Bump and Run Reversal (BARR) Bottom pattern. It is retesting the trendline. If successful, the potential target would be the MA 200D (quite close to the november 2022's level).

evasivesteering Updated 

After the yesterday's post for BTC, I would like to add another one based on Volume Analyses. I'm using two indicators: Trading Volume and Chaikin Money Flow (CMF). BTC has been moving in a descending channel since October 2021 where the bear market had started. The downtrend is supported by continuously increasing (selling) volume. In the same time, the CMF...

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DYDX is consolidating just above the MA 200D. A potential and interesting move upward. A setup as in chart with tight SL and high R:R would be considered.

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EGLD is still in consolidation between the longterm trendline and the EMA 50D. Volume indicator MFI has been almost broken the resistance and so does OBV. If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%). A referenced SL would be below the EMA 50D ($38.7).

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SOL has just broken its trenline, on 4H TF. Volume indicator MFI had broken also its support. Selling pressure can increase faster. If BTC goes sideline or becomes weaker, SOL would go deeper. A reasonable target would be the EMA 50D ($16.44). If things are worse for crypto in the next days, we could think about the second target ($12.78). This trade is...

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Hi everyone, I update again the previous Wyckoff analysis with recent moves of BTC. This is a bullish scenario supposing that BTC is in an accumulation phase. As seen in chart, we should be in phase D where we expect an LPS (Last Point of Support) to happen. This point would be at low as $19500 or $18500 (as mentionned in my recent analysis, c.f link...

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What a day (and a week) for cryptos and stocks with many important news. Market sentiment has been changing rapidely. For BTC, i've tried to break $21500 without successful. At some moments, it'd almost made a breakout. However, at decisive moment, bad news have come out together with perfect synchronisation, as usual. BTC lost it ascending channel and is...

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Hi all, I would like to update my privous wyckoff analysis for BTC. Globally, the structure and expected planning for BTC prices are the same. This time, there is one change: The second ST as SOW (*) appeared after PPI and CPI releases. In the chart, I highlight also the schedule of the passed and future FOMC meetings (black) and CPI releases (blue). We all...

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GALA prices form a bullish pennant and is going to break it. If so, it will make a second leg up with a quite high target. The proposed setup is in chart.

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APE has benn consolidating in an elippsoid around the 200D MA, after making a jump of 20%. It seems to break out soon and can reach another 20% target. Funding rate is still quite negative.