cultureofwoods

cultureofwoods Updated 

Felt an urge to publish this one; very clean wave pattern. The only problem is that wave 3 should not be the shortest wave and this appears to be the case within wave 5. Make of this what you will but I am prepared to put it aside. Swing trade target is $3 for me. Longer-term, probably a 10x from here to $13...

cultureofwoods

Not sure what is going on with this stock but, putting aside the possibility of it going to zero, the chart strongly suggests a target of $5.89 or just below. Expect a bounce from here to about $18.32 (entry at $11) but this may not happen if the sentiment is very bearish - could just straight line to the target (or to zero...). Satisfying how it hit the 1.414...

cultureofwoods

Never made any money; revenue growing very rapidly in recent years; could be a huge company if it gains market traction and self-driving cars take off, which - lets face it - they will. Chart is a complete mess but the overall theme in my view is corrective price action trying to find a bottom before taking off. Volume starting to increase so I think we are close....

cultureofwoods

The idea is that NIO is in a wave 4 correction off the highs and has one more impulse up before it likely consolidates sideways for a long period of time.

cultureofwoods

Interesting chart this one - difficult to make sense of the current, likely corrective, price action. Higher time frame I am expecting another wave up (wave 5 of 5), for which the ideal target is just under $0.027 but the move could be truncated and only achieve $0.02 to still be a valid wave 5. Within this correction, I feel that we are likely to bounce to the...

cultureofwoods

Very bullish on this token, primarily because of the massive spike in volume for the recent move, which suggests this was a wave 1 of a new impulse. Also, fan tokens have actual utility and are not likely to disappear. Barcelona has the second biggest fan base of any in the world (320m) and could easily achieve a market cap of the same number - that's over 10x...

cultureofwoods Updated 

Kadena appears to be in the process of its final move up as part of a first wave expanding wedge, with a minimum target of around $6.65. This chart is actually very similar to the Arweave chart but earlier. There was a brief pause just before $2 to shake out the more bearish traders but I think this resistance will not hold. The expanding wedge may be the A wave...

cultureofwoods

This is my chart for the current BTCUSDT correction. Seems to have started off as a simple ABC and then morphed into some mutated mess of a correction. The first impulse failed and we are in a second ABC (C wave target 0.764 to 0.854 in cyan and orange respectively) with the final stage apparently a WXY where the Y is an expanding ABC (target 1.618 in blue). All...

cultureofwoods

AR has beaten expectations for it's falling wedge breakout. It is the storage solution for Solana, so I guess it has been dragged along with SOL's massive run. Most likely scenario from here IMO is that the market will treat this move as the C wave of a massive ABC correction from the project launch, with a target of around $80. This would represent bearish...

cultureofwoods

A very interesting chart. One of the first projects to integrate AI into blockchain architecture so that it is self-learning - possibly the first project. They have been building for seven years and the chart suggests a token accumulation since this time. Current breakout target is $20 but the resistance trend line is quite steep so we may actually just be in wave...

cultureofwoods

This is probably just going to $15 in a straight line. Breakout of inverse head and shoulders on the chart above but also a breakout of a five-year accumulation bullish pennant that you can't see because if the lack of history on KuCoin.

cultureofwoods

Matic has broken out of a bullish pennant accumulation; possible buy zones on the chart if it dips again, but it might not. The ETH trades are next and the upside target for Matic currently sits at $9.5 unless the chart breaks down.

cultureofwoods

Weird name but great project; survived two bears; stunning chart...

cultureofwoods

Just an idea for a short-term trade; buy in the zone if it plays out. I am also thinking we could drop to as low as $13.5 - $15.5 or carry on up! I think AR is probably going to form a long-term ascending triangle and revisit the highs before correcting, but this is pure speculation at this stage. Great project with great tokenomics; dangerous to fade IMO.

cultureofwoods

Beautiful bullish pennant from GFT giving a clear target of $0.1 - be aware it might fall short of this; I would sell around 0.98 for a clean 4x. Doesn't get much clearer than this...

cultureofwoods

Beefy Finance appears to have broken out of a descending triangle; targets on the chart. I think this project is OK; it has no VC backers to dump on you but it is at the risky end of DeFi and could get hacked or rendered insolvent and go to zero any time.

cultureofwoods Updated 

Short time frame view of LEVERUSDT pair to optimise entry; could just carry on up from here but may also be forming and expanded flat correction pattern with a possible low of around $0.19 before taking off. Moves after flat corrections tend to be explosive...

cultureofwoods

LEVER appears to be nearing completion of a nearly two-year long bullish pennant; expect a vertical breakout soon with a target between 0.00125 and 0.0025, depending on whether you count wicks or bodies. I have used a line chart to clean up all the random wicks and make the pattern more apparent. This idea is made more likely by the expected ETH ETF; the ETH...