DewyCandles

DewyCandles Updated 

The striking correlation between $flokisusdt and BINANCE:PEPEUSDT will make you think they're being developed by the same developer, it is insane. Starting from the wave 2 and 4 of the of wave 1-yellow being a classic Zigzag and Triangle and wave 2-yellow for both being a classic Zigzag as well. If you missed that big run for Floki and Pepe (called it since) ...

DewyCandles Updated 

now that daily bullish engulfing is what I have been expecting if this was going to be a wave 4-green Triangle. We now have a new invalidation level ($84.18) which presents us with a better risk reward ratio than before (3RR). PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

So following through on the past analysis where I called it bullish for BINANCE:RNDRUSDT at $6.703 which is now over 40% gain just after hitting the 7RR trade setup (see all chart below) I bring you the update in full. It is very simple. Either we have completed our wave 4-orange and we are heading straight to the wave 5 at around $14-18 right now (dotted...

DewyCandles Updated 

Centrifuge is among my top picks for the continuing ALT SEASON bull run. It is a strong project with real life and meaningful use case together with Elliot wave technical analysis, I expect OKX:CFGUSDT to be at $1.32 at least by the end of March 2024, also that level marks the 60% golden Fibonacci zone. OTHER ANALYSIS

DewyCandles Updated 

BINANCE:PEOPLEUSDT have the cleanest impulse I've seen in a long while. Without past context I think we might just be completing the wave 4-yellow of an impulse which can either be a FLAT, CONTRACTING/SYMMETRICAL or BARRIER Triangle. I expect price to bounce from anywhere in the box and print at least 100%. The invalidation level (stop loss) for this an...

DewyCandles Updated 

First of all you should see this scenario for CONTEXT. Look at how perfectly price have been reacting to this chart. Here is an update with a potential 3RR trade setup. I feel... why not take advantage of the opportunity that presents itself but don't forget this is just us trying to make money on both bear and bull market the overall target on the mid - long...

DewyCandles

BINANCE:KDAUSDT is just like BINANCE:MOVRUSDT it is in an uptrend on the macro timeframe. On the Hourly timeframe price should breakout of the Descending Channel soon for at least 50% gain OTHER ANALYSIS

DewyCandles

Nothing much just doing what I believe it should do PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

This is BINANCE:LTCUSDT update following through on our daily timeframe analysis. It looks as though we are about to end an impulse (context on daily timeframe chart - see below). Wave 1, 2, 3-green is done. Wave 4 has begun, already created it first wave A, B & C where wave C retraces and has been rejection at the 60% Fibonacci level of wave A which looks...

DewyCandles

Contrary to the previous setup, I have seen a scenario where the invalidation level could become a stop hunt, so what to do is simple; either cut position in half to reduce risk or hedge it with a spot or just close the entire position right now at a minimal loss. BINANCE:LTCUSDT PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

Two things for OKX:BLURUSDT , first we get a 40-50% push up, if the volume and fundamentals is strong we could continue the push to 120% creating a new swing high else we will get a cut at the 40-50% push up and head back down to the 78% Fibonacci level on the mid term before the long term bull run continues. OTHER ANALYSIS

DewyCandles Updated 

Following through from our previous analysis MEXC:SHIBAUSDT precisely reached the pullback zone I highlighted and bounced approximately 20% immediately putting us on a profitable edge. Now all I can say is good luck on the journey to a new ALL TIME HIGH again for SHIBA on this particular scenario. Don't forget I have been calling this since $0.08 see analysis...

DewyCandles Updated 

I am thinking BINANCE:RNDRUSDT still have one more high to make and now is the time to ape. The invalidation level clearly rules this out so keep note. Will upload the overall context to this later, just don't want you to miss out on any of what I have prepared in store for you all. OTHER ANALYSIS

DewyCandles Updated 

On the previous analysis price has been moving perfectly to the analysis reacting accurately to it. My next point of interest is within the box which is in between the 50-78% Fibonacci zone. I will be looking to add to my BINANCE:LTCUSDT spot position after taking some profit at that previous swing high. When all was bullish I was bearish now that they are...

DewyCandles Updated 

This is an update on $dotusdt. It now seems clear to me that we have completed the primary degree wave 1-yellow and we are in some kind FLAT for wave 2-yellow which we will be ending coming days or weeks at around the 50-70% Fibonacci zone. The next point of interest or right place to DCA is anywhere withing the box. Remember I warned you about all these huge...

DewyCandles Updated 

This will be the second scenario for $AZEROUSDT. on the previous scenario we see some double digit increase followed by this fall. If ALEPH crosses down the previous swing high then it is possible that it will be going to take all the liquidity below and that gives us the opportunity to DCA in at the one to one 1:1 level $0.3315 which is at the 60-90% Fibonacci...

DewyCandles Updated 

This is the macro view of the daily timeframe analysis I have already aped in BINANCE:ADAUSDT and already set a limit order below to DCA around the 60 - 80% Fib (see daily timeframe for context). This whole idea is invalidated one price retrace 100% from the last low created on the 10th of June 2023 which serves as the stop order. If average entry be $0.45, ...

DewyCandles Updated 

First it was all downtrend since September 2021 till October 2023 (over 2 years) with a drop of over 90% then created a temporary support before breaking down. Ever since price tried to recover several times but got rejected even after breaking out of the Descending Channel and then we saw the retest of the channel exactly a year ago before flipping the...