CME_MINI:NQ1! NQ may reach 18K if breaking flag strongly 1. NQ was running in a long uptrend channel from 31 Aug '20, which both bulls and bears respect to. 2. After four consecutive strong bull bars from 11 Oct '21, price is now trying to break the channel upper line. All bulls will be encouraged if price breaks the flag with a strong bull bar like 01 Nov...
BINANCE:UNIUSDT UNI is likely to trigger retail's stop loss before going up 1. From May 23 till now, UNI is moving in a broad trading range between 13 and 31; Now it's contracted to a triangle, waiting for new price action to break out. 2. From volume profile and price level, we can easily find out that the yellow box is institutional's position average cost...
BINANCE:AVAXUSDT AVAX is in a Elliott Wave; May enter corrective phase soon. 1. From Aug 17, AVAX started to climb up and form motive phase of a typical Elliott Wave. Maybe many "Elliott Wave" traders are trading AVAX. If they are still there, price will probably enter corrective phase soon. 2. From Oct 31, price rises rapidly in a 73 degree angle, making new...
BINANCE:CRVUSDT CRV is likely to break out successfully; 7.3 can be expected. 1. From Jun 17 till now, CRV is moving in a broad trading range between 1.24 and 4.29 for almost one year. If there's a break out, an equal distance can be expected, say 7.3 2. Institutional traders build their positions in area A and area B. And in area C, it breaks out with good...
BINANCE:LUNAUSDT LUNA in three push pattern; price and volume are completely diverge; more likely to rebounce to 35 1. From Sep 10 till now, a three push or upward wedge pattern is formed; Bulls power becomes weaker and weaker. 2. Along with each higher high, volume also becomes lower and lower. It shows bulls have less interest to buy. 3. Meanwhile, bears also...
BINANCE:DOGEUSDT DOGE is in trading range, buy low sell high may be the best way 1. DOGE is in trading range from June, between 0.16 and 0.33. Most break out will be failure, so buy low sell high may be the best strategy. 2. Look at volume profile, most traders' position cost is around 0.24. Bulls and bears still fighting around this area. 3. For buy and hold...
BINANCE:SHIBUSDT SHIB is back to value zone, may continue uptrend after retest 3.5e-5 level 1. Like most air coin, so many traders are trapped on day 1, we mark its close price 3.466e-5 as A. After five months, we saw a consecutive five days sell climax. On Oct 7, high price reached 3.528e-5, which means most of "day 1" trader can exit breakeven, we mark its high...
BINANCE:XRPUSDT XRP still in a broad trading range, dominance may break down 2% soon. 1. XRP drop down from ATH(1.97) on Apr 14, get double bottom support at 0.51, then retrace to 0.618 at 1.42. Now it's in a broad trading range between 0.88 and 1.42. 2. In the recent 8 week, it makes a HH and HL, which forms a slightly uptrend channel that both bulls and bears...
BINANCE:SOLUSDT SOL's is more likely to continue uptrend after retest 217 1. SOL is now the fourth biggest market cap coin, so that the join of more institional trader will make the price action more clear. 2. EMA 20 level; 36 degree uptrend channel; clear support/resistent from Sep 9. all these makes 217 as a key level for the next test. 3. As a conclusion,...
BINANCE:DOTUSDT DOT in a strong bull trend, more investors will join along with the parachain auction and development 1. DOT is in a bull channel now, emas are all in uptrend parallel. Bears won't expect a major trend reversal at this moment, will only scalp from pull back. 2. DOT almost complets a perfect ABCD pattern from Jul 21; It also reach the measurement...
BINANCE:ADAUSDT ADA is about to break out from the wedge, targeting to 2.8 1. Bulls are trying to break out the wedge generated from Sep 7, now it's the sixth time after five times failure; Meanwile, bears are still working on make it a fake out. 2. On Oct 27, price just tested 0.618 of Fibnacci retracement of the last swing(1.82) and close beyond it on the same...
BINANCE:ETHUSDT ETH may suffer a deep pull back soon 1. It's the fourth week that ETH beaks its new ATH. ETH is still moving in a 45 degree uptrend channel from Sep 29. Due to there's no sign that market will reversal or turn to a trading range, bulls will keep buying and bears will only scalp. 2. From July 21 till now, ETH almost completes a perfect ABCD...
BINANCE:BTCUSDT BTC is targeting to at least 80000 1. Bulls are trying to make a new all-time-high now; While bears are waiting for a double top formed at around previous resistent level 64854 (High of Apr 14) 2. BTC continues to climb up from Sep 21 to Oct 20, which has already reached its measured movement target. So that, if more bears join at level 64854,...