I'll elaborate on updates but I wanted to share a short info about BINANCE:PEPEUSDT and how I see it. Pepe is currently slightly bellow of the VAH of the range. it fell, again , into the downward channel and goes again (as of now) bellow the VAH. BUT on the left side u can see the high of may/june which functions as a support zone (dotted line) - it already...
MEXC:ONDOUSDT had a steep rise the past days/week and shows lower volume since the 78.6 fib level. rsi is slightly overbought. I assume it'll correct down slightly/consollidate towards 78.6, building more volume, finding support and then attempting 161.8 extension level at 2.10$ as a next possible resistance to break.
BINANCE:PEPEUSDT just had a flush, as all other cryptos had (and stocks). since my last setup isn't really feasible anymore, I've expanded it to the current situation. We can see the following: - it found support at the lower end of the channel at 1440 and bouched up (so far). - if that holds, it would need to attemt a push out of the channel, which coinsides...
BINANCE:ADAUSDT bounced or rather moved around the 2018 support and managed to break above it decisively around 4 days ago. now it again knocks at the 161.8 fib extension on which it may find resistance again . question now is if it manages to push above it and finally find continuous support around that level (or the VAH it currently resides at perfectly) OR...
Filecoin targeted the golden pocket and got rejected. after the big move upwards it respected the trendline multiple times and now comes closer to touching it again. slightly bellow the trendline the 50% fib would be a possible support level to bounce off of. if that doesn't hole I see BINANCE:FILUSDT fall towards the VAH since within this current uptrend...
BINANCE:DOTUSDT was forming an ascending channel in which it bounces up and down, frankly speaking the volume VAH indicates it could, IF it goes up further, bounce from it and touch the trendline once more before aiming higher. but first it needs to break the 50% fib level it got rejected from short term. the touch of the lower trendline would coincide with the...
BINANCE:ADAUSDT in the daily chart saw, as almost everything (stocks, cryptos etc.) a selloff after the FOMC meeting. I personally find it hilarious that, after all these bullish news, there only needs to be ONE bad or slightly negative news and boom, everyone panics. but here we go again: ADA didn't find support (as of now) on the Trendline since 2018. The...
after the flash dump of BINANCE:BTCUSDT it firstly recovered above the trendline but dumped several times again bellow it - which invalidates the trendline somewhat. therefore I looked back at the daily timeline and see the following: - BTC found rejection on the VAH of the current upmove - it seems to trickle down towards the 161.8 fib extension or at least...
as stated in the update to the last ada idea, BINANCE:ADAUSDT lost it's trendline support which invalidates the trendline as a support and possibly could flip as some resistance. it fell bellow the VAH, almost touched the lower trendline (since 2018), with a little wiggle room, and pushed back up towards the 161.8 extension (higher time frame) at currently...
BINANCE:PEPEUSDT had an amazing rise the past weeks, now it's consolidating since around the 13th of november and building a -as it seems - massive bull flag in the 4h timeframe. it bounces roughly between the VAH and VAL since the big move upwards to 2600 and sits currently at 2038. the 50% fib level is a t2168 and within the bull flag, outside of it is 78.6...
ADA performed as of now as expected and touched the 161.8 fib extension of the uptrend + touched the trendline and respected it several times. Given the CCI I don't necessarily see a downtrend shortterm but we might prepare for a possible , short lived, dump to the 161.8 fib extension of the high time frame view, before regaining momentum. I've drawn in two...
BTC, given the current rise and breakout above the symmetrical triangle, pushed out of the consolidation area but retraced within a day to touch and thus retest the symmetrical triangle. now, usually that means it confirms the breakout so let's see if that's the case here and goes back up towards 100k.
BINANCE:ARBUSDT is currently hitting a high volume zone which functions as possible strong resistance. after it's rise lately from the absolut bottom it could now face rejection - altho, bearing in mind we are indeed in an altcoin season starting. next levels to look out for would be - if it breaks above - 1.41 50 fib, and golden pocket, followed by 1.98 at...
MEXC:BIGTIMEUSDT is not the easiest chart to analyze - due to it's short story and thus lack of information. BIGTIME had a huge ralley to 1 dollar back in December 2023 and was, since then, in an downtrend. That downtrend found its bottom in August 2024 at around 5 cent and consolidated out of the downtrend (bottomed out) at that time. Since then (or at least...
BINANCE:FETUSDT made it above the major resistance since june 2024 and perfectly retested the previous resistance for support (reistance > support flip). it's high was at about 1.97$, now at around 2.09$ is the 50% fib level to break so I assume that's the next point of interest. either it bounces between the 50 and new support before breaking or it goes...
Based on the past two posts a few more indications of important supports/resistances to look out for. grey lines: upper one is VAH (value area high) which functions as an important support. it seems that the trendline was kinda touched (sometimes it's more of an area, not an exact point) and goes for another attempt. now, I've charted the fib extension levels...
As in my previous post that looked at it from a weekly/daily perspective, I mentioned certain patterns emerging in the 4h view - here it is. you see rises, then consollidations - followed by further rises. it respected the trendline upwards around 7 times (if you count only full contact, then 5). and as it seems the 4th accumulation is over and takes ada to the...
given the current rise in BINANCE:ADAUSDT price, the weekly and daily view gives a few hints on important high volume zones and trendlines. firstly with the rise a trendline from 2018 got turned into support which was last broken during the parabolic rise of ada in 2021. the red line shows also a daily major support/resistance flip in an area in which ada...