evasivesteering

evasivesteering Updated 

NEAR was one of the rare cryptos that could see its ATH during the bear market starting from november 2021. However, it finished like other ones when losing 85% of values from its ATH. A very disapointed result after such great performances. Today, prices are almost at the longterm weekly trendline and have almost stable these days. Is is sleeping? No, I don't...

evasivesteering Updated 

Hi all, I would like to have an update on CHZ. We can see that CHZ is moving in a rising wedge. At the moment, the prices are at the lower trendline and the EMA 50D supports, after falling from $0.283. The trading volume continues to decline which indicate that the selling pressure has been almost dissipated. For these reasons, here below is a LONG setup...

evasivesteering Updated 

Hi guys, I would like to update my previous wyckoff analysis after new movements of BTC this week (what a week!). In general, it doesn't change much, just the 'ST as SOW' point which is now a little bit lower. Let keep an eyes on BTC at these critical prices. Level to level trades is always a good choice. All the best!

evasivesteering Updated 

CHZ has been trying to break the daily support since a month and formed a cup & handle pattern. It seems that the breaking-out is going to be confirmed (on 1D TF). Despite the weakness of BTC and almost the whole market, CHZ performs very well these days. Volume indicators (OBV, MFI and CMF) are supporting this breakout: OBV breaks the resistance MFI breaks...

evasivesteering Updated 

On 1D TF, SKL has been in a falling wedge since almost two months (see screenshot below). Today, it broke out the wedge. On higher time frame (1W), a bullish divergence can be seen: OBV and MFI increasing, CMF having broken its trendline. Moreover, an inverted hammer re-inforces a potential reversal (cf. the below screenshot). The proposed setup is in chart...

evasivesteering Updated 

KNC lost its wickless weekly trendline last week and rested this resistance yesterday. I think for the rest of this week, KNC will go down to targets presented in chart. One more reason for this prediction is that BTC seems being rejected by the MA200W (in short term).

evasivesteering Updated 

Hi all! Here is my new prediction. This time it is for HNT, a web3 crypto. HNT formed an Eve & Adam pattern on 12H TF (or Cup & Handle pattern). Since the bottom, it rallied 70% trying to break the resistance. Being rejected several times, it doesn't seem to withdraw. If breaking out the resistance of Eve & Adam pattern, it will need to break the trendline...

evasivesteering Updated 

AVAX is now quite close to its long-term support trendline (only around 10% higher). When comparing to XRP which has been jumping about 80% since three weeks, AVAX's price action at this moment is quite similar to that of XRP at three week ago. AVAX is likely to create a double bottom pattern with hidden bullish divergence. Volume indicators are good for a...

evasivesteering Updated 

Since 2 months and a half, ATOM has been well performing despite the fluctuation of BTC and the whole market. In my opinion, ATOM will make an increase of 10% from here, in short-term. Here below is a bigger view for ATOM (in 1D TF). It is moving in a ascending channel.

evasivesteering Updated 

BTC has been showing some signs of a potential reversal. Once again by using Wyckoff guidelines, I think that an accumulation phase is on going. A reversal will be confirmed when the "upward sloping accumulation structure" (in 2D TF) will have been completed. It means that the $30000 is a key level. Before approaching this level, BTC may be still fluctuating,...

evasivesteering Updated 

The total market cap has been moving as my previous prediction (see link below). Now it is a a crutial point: Will it breakout or being rejected? Let's wait the weekly close of this week (or the next one) to see better the next short-term move (A or B). Cheers!

evasivesteering Updated 

In the continuity of my previous analyses for BTC on 05th July and 21st July, I would like to add a further view of BTC in the next two weeks. This time, the analysis is based on the Wyckoff method. On 12h time-frame, it is likely that the Accumulation Structure No. 2 has been formed. BTC prices now are out of the accumulation range (in Phase D) and seem to be...

evasivesteering Updated 

XMR formed an ascending triangle and seems to have broken out the pattern. To have a safe trade, it is better to wait for a clearer breakout (with a 4H candle closing above $25 for example) and with/without successful retest, depending on your trading style.

evasivesteering Updated 

BTC has bounced very well since a few days. Yesterday it was rejected by the next resistance (dashed line) and the MA 50W. It seems to continue going down. I think that BTC would retest the MA 50W some times in the coming weeks before breaking it to go higher. My predicted mid-term target is still $32000 and BTC would not be lower than the EL Line (please refer...

evasivesteering Updated 

JASMY formed an descending triangle and broke the base line. RSI broke its trendline as well. JASMY is now in discovery price area and every decrease in price creates a new ATL. My estimated Stoploss and targets are in chart.

evasivesteering Updated 

POND is a crypto of Marlin protocol providing a high-performance programmable network infrastructure for DeFi and Web 3.0. Like other Web 3.0 cryptos, POND has well performed recently. After losing 95% of value form its ATH, it has consolidated in a Darvas box since 2 months and a half. High volume trades have been realized and pushed the price to go up. The MA...

evasivesteering Updated 

Everyone has been talking about the next capitulation of BTC where price would be $15000, $10000 or even lower. My model, as long as being valid (*), predicts that BTC might be very close to its current cycle's bottom. BTC is struggling to close above $20000, the current resistance (also a psychological price level, electricity cost level or whatever). If...

evasivesteering Updated 

BTC and altcoins has been in bloodbath today (and also since the last weekends). Is the bottom in? As in my prediction for BTC on 28th May, the targeted price were almost filled today (with good timing). However, if we look at the Total Market Cap of crypto, it seems that the whole market still has room to go more down. Price and RSI broke their trendline (on 1W...