GMT has been forming an accumulation schematic 2, following Wyckoff. With an upcoming announcement from STEPN, the break-out would be anticipated. The short-term trade set-up is as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
DOGE is one of the biggest cryptos and supported by Elon Musk. It seems that DOGE wants make a move after a long period of consolidation in a huge triangle. I look at the CMF values and see some early sign of a potential break-out triggering a big rally. Although DOGE was stable at a strong support (90% down from ATH), CMF has been increasing since August...
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information. Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority. I know that many of you may buy FET at much lower prices but in my...
ICP is of my interest because of the project, the team and their continuous dev activities. In my opinion, after a long period of declining (check my previous trade in the link below), ICP has found its bottom. However, in short and mid-term, ICP is going to consolidate in a range from $3.5 to $7.5. I'm waiting for it to be back in the demand zone to fill my...
LDO has been consolidating for almost two years and formed a kind of ascending triangle. The break-out is very closed and when this happens, LDO would accelerate its momentum. We know that LDO price is correlated to ETH and it seems that ETH is in a waiting mode, expecting some news on Spot ETF. Nonetheless, irrespective of the Spot ETF news, following BTC's...
INJ has just broken the consolidation range of 3 months. Price now is just above the broken range and it seems that the retest is on-going. For short-term trade, I bought at this price and look forward to selling at $74 and $99. Invalidation is when price falls back in the range (in 1D TF). For long-term, Injective is a very promising L1 blockchain with a fast...
Context: BTC continues to show strength. To be honest, I've been waiting at lower prices below 40K to open Longs. But this didn't happen. BTC breaking 53K implies that 58K or even higher prices would be reached quite shortly. IOTA set-up: With the above reason, I openned a LONG position for IOTA with targets (blue lines) and invalidation condition (red...
I am initiating purchases of SAND in this region. From a technical analysis standpoint, prices currently hover just above a robust support level, indicating significant potential for upward momentum in the coming weeks. Key technical indicators include: Consolidation above the Fibonacci level 0.5. The Tenken Sen has recently crossed above the Kijun Sen,...
SUSHI would be at good prices to buy and hold for mid and long-term. Indeed, prices revisited the ATL and bounced. Moreover, on 2W TF, a bullish divergence is about to be confirmed (in 9 days to this candle, in green expectedly). The mid-term target would be the trendline resistance and the long-term one is the previous ATH. Thank you in advance for any...
ONT has formed an accumulation schematic since may 2022 and has been breaking out. As a result, a Long 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.
KAVA has been consolidating in the current range since november 2022. Recent buying candle with good volume indicates a potential rally. Proposed setup is described in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
LTC prices are still at buyable area because it hasn't made any significant move since 6 months. For long-term investment, I made an analysis, please check the link below. In short-term, on daily TF, price has just broken the local trendline. I expect that LTC will do something this time after a long consolidation period. For these reasons, the proposed set-up...
BTC reached briefly its previous ATH, prompting a predictable correction as investors capitalized on their profits. BTC is likely to fluctuate within the range of $61,000 to $69,000, with some potential deviations. It remains early to determine whether BTC will sustain its upward momentum following a period of consolidation, or if further correction will come,...
ETH/BTC pair forms a typical Accumulation schematic, following Wyckoff method. In my analysis, it seems that ETH/BTC has likely reached its lowest point as the Spring event in phase C nears completion, paving the way for phase D and a potential acceleration to the upside. The primary obstacle seems to be the local trendline, but this shouldn't pose a significant...
BTC has been ranging since a week. In chart is the range and levels that I'm looking at. My main hypothesis is that we are in a small distribution area between $42000-$43500. Let's see if this scenario will materialize the next days. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
The recent moves of BTC are very remarkable: a big jump of 40% in just three weeks. But the next moves would be very tough and unpredictable. In my opinion, in weekly TF, the current support is $36000 ( Fib. 0.5 ) and the current resistance is $42000 ( Fib. 0.618 ). It is possible that BTC will be trading in this new range (need the current weekly candle to...
I don't have more info to add to this crypto because everybody knows FTX crash and what is happening/will happen its old CEO. I'm just looking at the chart pattern and find that FTT would be an interesting investement. After falling from the famous $22 level, FTT has been consolidating in a range from $0.8-$3 and this consolidation has signs of an Accumulation...
LINK seems to be at phase D of the Wyckoff's Accumulation Schematic 2. I'll wait for entry at the given area. Exit and Take Profit levels are also found in chart. The Fib levels are for Weekly TF, if any weekly candle closes below the Fib. 0.5 is also an exit signal or invalidation condition. Disclaimer: This analysis is based on my personnal views and is not...