LDO, which stands for "Lido, a Delegated Proof of Stake (DPoS) staking protocol for various cryptocurrencies, including Ethereum (ETH) and Terra (LUNA). Lido aims to provide liquidity to users who stake their tokens on these blockchains. In my opinion, LDO is forming an interesting pattern, the accumulation schematic following Wyckoff method. As in chart, the...
BNB, crypto of largest exchange Binance has been trying to resist the longterm support (since Mars 2021). Today it's rejected by the EMA 50D after bouncing from the current support. As my analysis, BNB seems to form a falling wedge and in the next days/week, prices would retest the lower support trendline. I'll consider to accumulate BNB in the range...
Hi all, I would like to share my new view on WLD for those who are interested in this crypto. By the way, if you have any fundamental news, don't hesitate to share in comments. In general, WLD has been moving in a descending channel. Although prices are trying to break the upper (resistance) trendline, in my opinion the bottom had not been confirmed. We still...
Hi all, I would like to update my previous analysis for alcoins. This new one give similar outcomes: altcoins are still bleeding and will do more. The reason is shown in chart: a H&S pattern was formed. The break-down of the neckline will trigger the way down to the support trendline of the descending channel. The only adjustment (wrt to the original one) is...
I suppose that WOO has been forming an Accumulation schematic following Wyckoff method. According to my analysis, it'd take months for WOO to be in the range $0.1-$0.3. Base on this plan with expected main events, I'll look for potential setups. ------------ Info about WOO ------------------- WOO Network is a system of Centralized Finance (CeFi) and...
I would like to continue my previous analyses (see link below) with new data for PEPE. As shown in chart, it's an accumuation scenario. Although, it's too soon to confirm anything but this is my current hypothesis and projection for the next moves of this crypto. What are your plans and thoughts about this meme coin? Thanks in advance for sharing with me.
RNDR has just broken the descending channel and also the MA 200D. Retest is on-going but in accordance to BTC's view in short-term (see link below), it's unlikely that this is a false break-out. Rejection by the lower trendline would happen, in my opinion. As a result, a short setup is proposed as in chart.
OCEAN has been moving in a descending channel. It's broken the local trendline support and would go down to touch the lower support trendline of the channel. As a result, a Short setup is as in chart.
BTC has been bouncing strong after touching the support around $25000. The main motivation of this "rally" is news linked to Bitcoin ETF filings of Blackrock and other big funds. It's a good news for BTC and cryptos! Let's see how long this move will last and how high BTC could reach because SEC will not reply soon to these filling requests. What happen if...
BTC has been going no where since a week. When will it decide to move? In the next days, i'm still thinking about its retest of the trendline since January 2023 (around $27000-$28000). Before this, probably BTC continues to consolidate around the EMA 50D to finalize a re-distribution phase (after the first distribution one from the range 30k-31k).
In 4H TF, WLD seems to have been moving in a descending channel. It's just rebounced from the support trendline (at around $1.65). This pullback with average volume would not give alot perspectives on a strong bounce, in my opinion. I would wait for a second retest of the trendline where a bullish devergence (on CMF and/or MFI indicators) would enhance the...
As explained in the last comment of my previous analysis for WLD (see link below), I've been waiting for it to fall in this deviation area and get back to the range afterwards. I'd bought some in the deviation area and will add more when the local trendline is broken. The proposed SL is below $1.84 and Target is $2.5.
By looking at this chart, would we call it a bullish flag? Breaking-out would trigger a big move. Currently I've not seen a big buying volume yet but it may come with some 'news', anytime. Stoploss is always needed because BTC is not bullish.
MASK is one of potential cryptos because of its fundamental (being backed by Binance, the world’s leading cryptocurrency exchange). It will have a lot of room to grow because of the low market cap of only $230 million (at today's price). My long-term plan is presented in chart. By this, I suppose that MASK is forming an accumulation phase following Wyckoff...
On 1D TF, TOMO has been moving in an descending and broadening channel (see the screenshot below). Price has just touched the upper resistance trendline and being rejected. On 4H TF, TOMO had already broken its trendline. As a result, a referenced setup is as in chart. 1D view:
I would like to update my previous analysis for PEPE (see link below). My view does not change: a possible accumulation is on-going. Only the levels are slightly modified. It's likely that PEPE prices are evolving in an ascending channel with some deviations. Following wyckoff accumulation schematic, in my opinion, the phase B is happening with a potential...
GMT is breaking out its trendline since Mai 2022. Volume indicators CMF and MFI are also breaking their trendline. Massive pump is very likely, specially after the good news from XRP today (XRP named not a security). Short-term TPs are Fib 0.236 and 0.382. Mid-term TPs are Fib. 0.5 and 0.618.
LINK has been consolidating in almost a year (May 2022). The price action seems to be a Wyckoff accumulation (Schematic 1) and a Spring/Test is under confirmation. As a result, a trade set-up is as in chart. One can enter here (risky option) or wait for a successful retest (safer option). Generally, it's important to consider also BTC moves for risk management...