KDA recently broke out of the ABC correction and now we're in the impulsive phase. We are in wave 3, which is often the biggest wave. Trade Idea: - Watch for lower timeframe bullish price action - Safe stoploss below bull run structure - Targets: 17, 27 Goodluck!
Ripple appears to be in subwave 2 of the bigger wave 3. The subwave 2 is made of an ABC correction, which we can see is being formed. We are looking for bullish price action at our buy zone to take XRP to atleast the 0.95 level. Trade Idea: - Watch for bullish price action at the fib levels indicated - Once bullish price action appears. enter with stops below...
Following on from our last Bitcoin analysis, we saw a nice breakout. We are now in the impulsive phase (wave 3). Wave 3 has 5 subwaves and we are currently on the 4th subwave which is an ABC wave. This wave shouldn't go beyond wave 1 structure level - gives us a clear invalidation level. Trade Idea: - Wave 4 is often an ABC wave - Watch for breakout -...
Following on from our previous post on ANKR, we got a nice breakout followed by a double bottom, which bounced off our structure level perfectly. We are now anticipating further bullish pressure back to the top. Trade Idea: - Watch for bullish continuation pattern on lower timeframe - Enter with safe stops below the structure lows - Targets: 0.118, 0.18,...
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart total market cap makes this descending channel pattern...
Bloktopia alpha is launching now, just tweeted out the alpha emails are going out 10 minutes ago. Lots of fud and naysayers have been on this project so now having this alpha launch finally happen is an interesting moment - for btc and the crypto markets in general it’s also great timing. If this is the bottom for btc then it’s certainly a bottom for bloktopia,...
We have a really nice Elliot Wave schematic playing out for Gala. We started the Bull Run Mid January when we completed the ABC correction. We are now seeing a 5 wave impulse higher and currently in wave 3. Trade Idea: - Possible entry now with stops below the recent lows - Targets: 0.545, 0.82, actively manage the rest Goodluck!
In our last analysis of Uniswap, we identified the reversal wedge. We had an extended E wave but we stayed within the parameters of the wedge and it appears we will be breaking out very soon! Trade Idea: - Possible entry now with stops below the recent lows - Confirmed breakout entry after breakout of descending wedge - enter with stops below the lows - Targets:...
Following on from our last trade idea on VET where we were expecting more downside before the big bullrun, we are now at the perfect place to buy with very minimal downside and major major upsides! Long Term BUY Trade idea: - Enter with stops below the recent lows - Target the wedge resistance as first target - Target ATH as second target. - HODL the rest Goodluck!
FLM had a massive impulse in 2021 and corrected for the latter half of the year. We were in a descending ABC wedge and we ended that wedge with a descending abcde wedge. Looks like the next big impulse has begun! Trade Idea: - Enter with stops below the lows (below 0.15) - Targets: 0.70, 1.20, actively manage the rest Goodluck!
Bitcoin saw a nice impulse wave which followed every rule of Elliot wave theory. We are now in an ABC correction and anticipating the next move higher. We tested the 0.88 fib perfectly. We could just move up from here. IF we move lower, pay attention to the double bottom area. Trade Idea: - Safe entry after break of descending red trendline - stops below the...
SHIB recently rejected the 78.6 where we believe it has found its bottom. We are now waiting for a breakout of the ABC correction that we're currently in. Trade Idea: - Enter on breakout - Stops below the lows - Targets: use the swings as targets with ATH as main target Goodluck!
Dogecoin saw a massive impulse in 2021 and now we're on the verge of what could be a similar sized impulse. We're in a descending ABCDE wedge now and almost at the wedge support where it would be the best place to buy. Trade Idea: - Watch for bullish pressure at the double bottom or wedge support - Enter with stops below the lows - Targets: 0.34, 0.5, 0.72,...
The long awaited breakout for Kishu is here. We're in a descending correction and approaching the final lows. Massive potential for a move up! Trade idea: - Watch for bullish price action at the double bottom or wedge support - enter with stops below the lows - strap in for a massive bullrun! KISHU 4H Let us know what you think. Goodluck!
FIL is showing us a price action that looks really familiar. In 2020, we had a descending trendline (black) which broke out and then we had a minor descending correction (red) which lead to a double bottom before we had a bullish run. Similarly, we have having exactly the same sequence of events. The next step based on past price action would be a breakout and a...
Stellar is at a very nice level to buy. We're in a wedge and approaching the wedge support and double bottom. Trade Idea: - Watch for bullish pressure - Enter with stops below the wedge - Targets: 0.42, 0.77, actively manage the rest Goodluck!
NEO is showing us a nice reversal wedge. We're currently on the E wave approaching the 2021 Impulse Generation Level. We may not get there - if we break early, watch for the descending wedge to breakout. Trade Idea: - Enter on break of descending wedge with stops below the lows - If we make it down to the structure level, watch for bullish PA and then enter with...
Ripple has reached our buy zone and now we're looking to buy XRP. For a safe entry we will be waiting for the breakout of the red trendline. Trade Idea: - watch for a breakout of the red descending trendline - Stops below the recent lows. Safer stoploss below the 0.54 - Targets: 0.9, 1.14, actively manage the rest Goodluck!