jack_the_real_trader

jack_the_real_trader

Everyone shares their ideas, and here’s mine. I’m not a very talkative person, but to summarize, I believe we have a potential alt season ahead. A strong cup and handle pattern is forming, and the candle has broken out of the handle, currently in its pullback phase. I think this might be the last good entry opportunity unless the trendline gets broken. P.S....

jack_the_real_trader

About KASUSD: 1. Both RSI and MACD indicate a breakout, with MACD showing a divergence. 2. The price has reached the historical trendline. 3. According to the Elliott Wave theory, the price appears to be in a corrective phase, potentially reaching around the 61% retracement level (approximately $0.08). This price can be a good level for entry.

jack_the_real_trader

TONUSD Analysis: 1. While TON exhibits a weak breakout signal in the RSI, a clear divergence is evident in the MACD. Additionally, the MACD lines appear to be nearing a crossover. A historical divergence has also been observed in the RSI. 2. The TON price has retraced 78%, touching both the historical support level and the trendline. 3. Based on Elliott Wave...

jack_the_real_trader

Classic cup and handle pattern already formed. Price about 0.17-0.20 is good level to entry.

jack_the_real_trader

ETH Analysis: 1. Nearly retested the trendline. 2. Reached the 100-day moving average. 3. Experienced a 50% correction. Projection: Likely to decline further to the $800-$1,000 range in one or two months.

jack_the_real_trader Updated 

I think we are at the end of correction wave and next impulsive wave is on the way. Divergence is obvious. R:R at least 5.

jack_the_real_trader

This is just my observation, not advice. Technical: 1. Price touched the 200 SMA. 2. Price is corrected to 50% correction and slightly pumped after reaching the supportive zone. 3. Price reached the volume price of FRVP around 270$. 4. The correction nature of the latest candles in the blue box is obvious. 5. In the daily and 4H charts, the stock is almost in...

jack_the_real_trader

This is just my observation, but not an advice. Technical: REGN touched its two strong trendline since 2020 and 2021. REGN reached the 50% correction since 2020. REGN is oversold daily and weekly. A significant divergence is observable on daily chart. Price touched SMA 200. Fundamental: P/E: 16.9x (moderate undervalue) Since last ATH NASDAQ:REGN has come...

jack_the_real_trader

This is not an financial advice. This is just my observation. 1. Gold is obviously bearish and the price is on its correction way. 2. Based on Elliot, the A and B wave has been completed and we are now in the wave C. In the wave C, the first and second waves are almost done and we are going to enter wave 3. The 2/C is reached to 50% correction. However, I have...