DewyCandles

DewyCandles Updated 

I have a god feeling that we are in a wave 4 formation and I think it will be a Running Triangle for the fact that we have seen 150% extension for it wave B- but I am not disregarding the fact that we could get other variation such as a Flat, Running Flat or an Extended Flat. Either way we will see BINANCE:PEPEUSDT losing at least 10-20% in coming weeks. (see...

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 

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 

BINANCE:LINKUSDT chart is so clean and self explanatory. We are either in some kind of larger degree wave 2-yellow or wave 5-orange as depicted on the side. If you're bearish you invalidation level is just the previous swing high. Bullish? you invalidation level is the previous swing low. The question is which side will be taken first? are you going to wait or...

DewyCandles Updated 

As we approach the final phase of BINANCE:APEUSDT before the long awaited bull run things to get clearer and we are making profits off the fall while we maintain our composure on the Spot bag that is being hedged. I just wish to share some lower timeframe setup with you guys. There are 2 scenarios here. Either this end s as an Ending Diagonal where price draws...

DewyCandles Updated 

As price becomes clearer so we present. The move up from the last swing low (wave 2-yellow) looks impulsive rather than being corrective hence why draw the path line and predict price to go higher $0.078 and price must not return to the invalidation level before that high ($0.078) is created. One good thing about this primary scenario is that it is extremely...

DewyCandles Updated 

Obviously price reversed halfway on us and now it is about to hit the stop loss but the remember the setup below on previous analysis. Now that we didn't reach target for that long this clearly gives a sign that we are in some kind of wave C-orange of wave 2 or 4-yellow and to avoid unnecessary loss the stop loss will be removed and DCAed within the orange box...

DewyCandles Updated 

From the previous analysis I predicted this run and it happened. With clarity we can see some form of breakout from the Descending Channel and the Relative Strength Index also created an Higher High as seen on the chart the only lagging confirmation is the Volume which makes me believe this next leg up won't be to huge not until we see that proper retest which...

DewyCandles Updated 

Contrary to the first update this scenario is very Bearish, I forgot to indicate the invalidation level on the first scenario (see chart below) The invalidation level for the first scenario is the wave 1-green ($0.4379) if we touch that level before a new high is created then we know for sure that this scenario is in play. BINANCE:PIXELUSDT This is the reason...

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 

BINANCE:BTCUSDT Chart is self explanatory. Take the first and immediate buyside liquidity or both then cause more exhaustion and frustration by heading lower within the range before taking off. Meanwhile price is still moving in accordance to our previous analysis, price dropped to the box precisely and took of from there. (see previous analysis below for...

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

It is not often that we et to see a defined chart so when I see one I love it. With a clear definitive invalidation level OKX:CFGUSDT is about to make some double to triple digit gains. I bought some very light bag on Centrifuge prior because I don't have the strong conviction I have now. Now I will be loading more from this current price to withing the orange...

DewyCandles Updated 

Support becoming Resistance (S/R) meeting on the Resistance level of an Ascending Channel and at the 61% Fibonacci level coupled with a strong divergence on the Daily Timeframe of the Relative Strength Index (RSI) at the over Overbought region is too much of a confluence for a bearish sign for $FTMUSDT. Afterall, the All Time High seems to be a perfect wave...

DewyCandles Updated 

No doubt we are in an uptrend for BINANCE:NEARUSDT and this might just be a nested 1-2/1-2 which is super bullish reaching as far as $40. Now we are at a crossroads and if this scenario is valid from here we should se price retrace to the 50 - 78% Fibonacci level to form either wave 2-blue for the leading diagonal wave 1-blue or a deeper retracement down and...

DewyCandles Updated 

I am loving the clarity and the convergence or correlation starting to show on Alts right now. I bet more on a last low and BINANCE:APEUSDT joined in. Don't forget this is the last leg down to the accumulation phase that will trigger the mid - long term Bull run. For context see previous analysis below. PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:NOTUSDT...

DewyCandles Updated 

The Ascending Channel broke on the daily timeframe and all bullish sentiment aside, $6 is the nearest bus stop for BINANCE:CYBERUSDT followed by a faint push to $11 and the overall focus is $4 could be lower. All bulls hope's dashed for CYBER except a miracle happens. We are indeed blowing off that steam. PREVIOUS ANALYSIS OTHER ANALYSIS

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...