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🤔DYDX-USDT🤔 We've lost a key neckline support and until we can close ABOVE this zone again, I'd say the price is still bearish for the short term: Against BTC, I'm a little worried - no sign of strength here as the price stayed behind with the recent BTC ATH: To be honest, if the price drops lower than this trendline, I'll lose all hope on this coin: Now,...

03:16

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❕ADA vs BTC ❕ ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed. Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with...

03:34

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It's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength. Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today: What we're comparing this chart to, is the obvious...

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📢 PEPE-USDT📢 PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting. Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles...

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📉 MATIC - USDT 📈 The three-drive is a rare price pattern formed by three consecutive symmetrical moves (or drives) up or down. In its bullish form, the market is making three final drives to a bottom before an uptrend forms. In a bearish three-drive, it is peaking before the bears take over. this means that we SHOULD bottom soon, at least. And the next landing...

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📉Hi Traders, Investors and Speculators of Charts📈 IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled. From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes. Losing...

04:21

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📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. I've been bullish on Solana since the beginning of 2024, when SOL was still sub $100. Take a look here at other altcoins that we've been watching: By looking at the Drop-and-Pop fractal we've been watching, we can conclude that for...

03:15

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📉Hi Traders, Investors and Speculators of Charts📈 XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best). The price has lost a long-standing...

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📉Hi Traders, Investors and Speculators of Charts📈 Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers. The next likely support is only at the moving averages, with both the 50d and 100d...

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📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet...

03:55

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📉Hi Traders, Investors and Speculators of Charts📈 SOLANA is on the list of my top 20 altcoins to watch in 2024. From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop". What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally...

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📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. By looking at the Drop-and-Pop fractal we've been watching, we can conclude tat for the short term, the support zones should hold at $140, with wicks as low as $120. We can also take a look at moving averages to get an idea of...

02:21

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📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...

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📉Hi Traders, Investors and Speculators of Charts📈 UNI has dropped hard after a decent increase, taking the price back to accumulation level lows. Losing ALL THREE moving averages in the daily is bearish for the short term : This however presents an excellent opportunity for traders to re-accumulate at low prices before the next bullish impulse wave...

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📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Cronos in the Daily - the Flag Pattern, also known as the Pennant. The pennant can be either bullish or bearish, depending o where the price CLOSES. The BULLISH Scenario / Long: The BEARISH Scenario / Short: From a technical indicator perspective, the MACRO is still...

04:00

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📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...

03:19

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📉Hi Traders, Investors and Speculators of Charts📈 AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common. I've been bullish on AVAX for...

02:29

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📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find...