DewyCandles

DewyCandles Updated 

BINANCE:ATOMUSDT should be doing this if it really have intention of joining the bull run. It is quite close to the invalidation level but the risk reward is insane almost 90. More update to come stay tuned. BINANCE:PEPEUSDT is at the level i called so is many alts. We saw this coming billions have been liquidated. OTHER ANALYSIS

DewyCandles Updated 

The Other Elliott Wave Count BINANCE:ALGOUSDT shows a classical Head & Shoulder Pattern but as an Elliott Wave Trader I see it as a potential Truncated Head & Shoulder and wave 2 about to end. When this wave 2 ends I am expecting ALGORAND to begin it bullish run for the ALT SEASON. At least a x2-5 200 - 500% is guaranteed. Entry is anywhere in between the box...

DewyCandles Updated 

Quick one yeah, you might want to start buying BINANCE:ADAUSDT now assuming this is the end of the wave Y-green of wave 4-orange or wait a bit for price to create another leg to $0.3622 which will bring us to the second scenario that the previous high, wave X-green is our wave 5-orange instead. If the later is correct then we ill definitely see price retrace...

DewyCandles

This is an updated Elliott Wave count to the previous analysis for BINANCE:ADAUSDT PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:LINKUSDT OKX:CFGUSDT BINANCE:APEUSDT BINANCE:ARBUSDT BINANCE:ALGOUSDT

DewyCandles Updated 

This is the BINANCE:ADAUSDT update for our daily timeframe (see chart below for context) I strongly believe there is just one last leg down from $0.400 - 0.3550. From there will be an aggressive buying I have a limit order in that region adding to my initial position. Also, from the daily timeframe we seems to have a support the which price has been...

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 

This project BINANCE:ACAUSDT lacks awareness hence the sluggishness but it has potential. Right now the next accumulation is at the 60-79% Fibonacci level and this is the new norms since the previous move 12345-orange is a Leading Diagonal and one thing about Diagonal is that it is mostly followed by a deep retracement - we will be consolidation here for quite...

DewyCandles Updated 

For this scenario, price could be touching the $0.6 region to complete a wave 4-yellow of an Expanding Leading Diagonal or wave B of an ABC correction. That region is another good area to DCA for the ALT SEASON accumulation. See scenario one for context. OTHER ANALYSIS

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 

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 

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...