Sandbox, June 2023

Notice the lower oscillator is printing bullish divergence between both USD and BTC pairs?

Notice the direction of money flow?

Comment:

FET/USD, don't be long. The golden ratio does not appear to be offering support as with previous cycle.

weekly

4-day - perhaps 10 cents shall offer support

Comment:

Brought to my attention from another. No idea what this is TRVL, but the volume is curious. Notice how the chart is showing Heikin Ashi candle rather than normal ones. Always do this when studying super tiny markets, the trend is everything.

2-day

Comment:

Dash,

First questions we always ask in TA no matter what:

1) What is the trend?

2) Support and resistance.

Both questions have negative answers on the weekly chart below. Lower highs lower lows with price action resistance.

Weekly

To make a comparison with others..

When FET broke resistance, do you see?

weekly

Or 1Inch, now has broken resistance and is now looking to print that first higher low

weekly

LINA, both broken resistance and trend reversal

weekly

Comment:

QNT, significant bullish divergence between multiple oscillators and price action following a break of resistance. Very very nice.

2-day chart

Comment:

VRM, what a delicious example of the 2-week MFI and the falling wedge. Does anyone wish to have a go at discovering the target?

Have a read of this and then give it go!
www.dailyfx.com/educ...s/falling-wedge.html

2-week

Comment:

Very nice example of the Golden ratio on this stock

2-week chart

2-week MFI

Comment:

CFX in January - see the reversal pattern?

6-day chart

Not know what a reversal pattern is? Read about it here.

Comment:

Bitcoin price action continues to find support on the 21-week EMA. All good.

weekly

Comment:

Regarding the Bitcoin to $110-120k idea. Can you see something in this chart that agrees with that outlook?

www.blockchaincenter...tcoin-rainbow-chart/

Comment:

LINA recently made an impressive 70% move in the last 72hrs. On the 14hr chart below strong oversold USD and BTC pairs are seen.

14hrs

A list of tokens currently printing this way:

LIT

DASH

RARE

RSR

VET

Will surely add more if found

Comment:

A 200% move printed the last time MDX printed those conditions on the 3-day

3-day

MDX/BTC pair on 3-day

And the 2-day BTC pair

Here is what Highstreet / BTC pair looked like on the 2-day when similar conditions printed

Comment:

LSS 2-day + bullish divergence. Wish I could get some exposure to those tiny market caps.

2-day

Comment:

AKRO has now confirmed the bull flag breakout. A 100% move is forecast to the next resistance.

Comment:

On FET.. Lower highs and lower lows since broken market structure. Would first wait for a buy signal and at least a break in the price action resistance. Be patient. Let the market come to you.

4-day

Comment:

GAL Token is about to make a strong move. 2-day chart prints a bullish engulfing candle with strong positive divergence between the oscillators and price action. The 4-day has a dragonfly DOJI.

2-day USD chart

4-day

Comment:

Regarding the GAL idea.. have found one additional token printing the same BTC pair conditions and other examples from the past.

additional:
PSG

Other examples:
PYR

RIF

SOL

SXP

ZRX

Comment:

Do you remember this classic reversal pattern for CFX?

VTHO is printing this way right now..

Comment:

2-day SUSHI chart. Obviously a strong buy with strong bullish divergence as price action tests past support. That is a strong long position. Who on earth is selling at those levels?

2-day

Comment:

As shown on the 5-day below GALA price action makes a nice bounce off the 0.236 Fibonacci level while printing within a bull flag. Very nice. The next resistance will be around 8 cents once the bull flag confirms.

5-day

Comment:

BNT remains a hold. Not as bullish as GALA above. Got to wait for that resistance on price action to break,

5-day

Comment:

Close swing trades on NASDAQ:SFIX if you've got them open

Comment:

Open swing trade on NASDAQ:VRM with an outlook for support on 95 cents. Only if you're a trader. Investors can buy the dip with additional cash.

Comment:

ACA - how did I not see that one?

If you're using the tool + divergence (as discussed a while back), then please share it.

2-day

Comment:

ENJ prints a very strong signal on the 3-day chart with a bull flag formation. Assuming a breakout it would see price action move 170% to the next resistance.

3-day

Comment:

Could this go 100x? Might be worth throwing a couple of $100 at it for a year or two. Super low market cap. Therefore 3-day charts and over.

Have absolutely no idea what this project is. It is the volume has attracted my attention in conjunction with the buy signals. Insider knowledge, seen it before on others (no it is not me!).

3-day

This positive volume divergence is clear to see on the 2-week MFI chart.

Comment:

See how well the reversal signal played out on VTHO mentioned 2-days ago? Definitely something worth learning.

Comment:

STMX is now a strong buy with strong positive divergence on the 3-day

Comment:

Notice how WAVES had strong divergence on the 3-day as it printed a double bottom?

The list was in this post. Will go through them to see what's what..

www.patreon.com...ng-buy-81585498?utm_medium...

Comment:

To my knowledge there is only 4 of you following this idea! That's why I left a reference on the public idea of WAVES.

The observation I'm referring to.. like on the idea, is the but signal + strong divergence.

One token we're quite bullish on.. GAL/USD. Just like WAVES above with double bottom in price action. Will add them here as I find them.

3-day

Comment:

TEZOS, exactly like WAVES. Double bottom, signal + strong divergence. That's the only one I can find so far since GAL.

3-day

Comment:

No idea what this tiny cap is but printing a very bullish set up

3-day

Comment:

Very high confidence this will deliver a 200% return in the weeks ahead.

Scores 32/32 on both USD/BTC pairs.

5-day

Comment:

Another ultra low cap.. .could it 100x? Pstake.. double IB + strong bullish divergence. Might be worth a few hundred dollars and forgetting about it for a year or so.


3-day chart

Comment:

PS: Just scanning through everything on the OKEX exchange for opportunities for something that might not have came up before elsewhere, hence the random pstake token.

Comment:

PSS: Just noticed Binance labs is an investor of Pstake. Interesting, could be a potential Binance listed token down the road. Always best to get in before that happens!

Comment:

Perfect double bottom

BAT/USD

Also on the BAT/BTC pair

Comment:

Think NMR might be on the verge of an impressive upward move..

3-day

Comment:

MOB/BTC on the 4-day.

Think we need a watchlist of very bullish BTC pairs on the higher time frames. It is not a large list.

Comment:

Beautiful fractal on something called DOCK.

BTC pair below, Strong divergence on most time frames

Comment:

LCX already up 50%. No indication of overbought conditions

Comment:

The month of June is yet to close, did you see how the candles for both COMP/USD and COMP/BTC are currently printing?

COMP/USD, 1-month

COMP/BTC, 1-month

Comment:

Both are printing large hammer candles.

Comment:

See what happened with XVG today?

2-day

Comment:

It is important to note the oversold condition of the BTC pair also on XVG.

What other tokens are printing similar.

XNO 2-day

Comment:

UMA without the divergence but a very strong oversold BTC condition

2-day

Comment:

TORN

Comment:

POLS

Comment:

OG as an example

Comment:

NMR is a perfect match to XVG

Comment:

GAL

Trade closed manually:

The link to July Sandbox thread