BTCDOMUSDT is showing signs of being overheated, and we believe the price may have topped out, at least in the short term. This comes after a strong rejection at the double Fibonacci resistance level around the psychological 2600 mark, suggesting that a significant pullback could be coming. Currently, the price seems ready for a relief bounce, which should mark...
TOKENUSDT has established a strong demand zone around the $0.07 price level, marked by significant bounces on June 18 and just yesterday, July 24. These rebounds highlight that buyers are actively defending this support level, indicating potential bullish momentum ahead. Given the current price action, we're anticipating a 50% rally in the near term. The key...
Currently EGLDUSDT is near the demand zone, where buys should be getting super active. EGLD should be aiming for the preciously formed supply area, which represents 60% price increase from the current level.
Today we had a buy signal on KLAYUSDT, which offers a great risk/reward opportunity. What we expect is the price to go for the top of the channel and also test 88.6% Fibonacci resistance.
Right now price is facing a downtrend trendline resistance, which so far is acting as the supply area. If the trendline will remain to be respected, we can see KASUSDT dropping by 10% or more, before the uptrend resumes.
Based on the Elliott Wave theory, it seems that HBARUSDT has been undergoing an ABC corrective pattern throughout the past two months. The correction has ended right at the previous supply area, which has transformed into a demand zone. Therefore, it is reasonable to assume that buyers are starting to be active from the current price and we expect quite a rally...
We already got the buy signal emerging. Just waiting for this ABC correction to complete.
The long term analysis on TONBTC shows a completion of a 440 days of an ABC correction. Based on the Elliott Wave pattern we expect a continuation of an uptrend, and potential completion of a major wave 3 to the upside. The nearest upside target is 80% away, which allows nearly double the Bitcoin value. What do you think of this setup?
ARB has just completed a 5-wave upside move. From what it seems, currently we might be witnessing a final corrective C-wave. After the correction is completed, we expect a strong and fast rally to the upside.
Are you one of those long-term investors? Then the NEO coin might be just for you. By the looking at the weekly chart we can observe a breakout of the long term supply zone, indicating a shift in trend. Following the breakout, price has corrected heavily, and found the support at 88.6% Fibonacci retracement level. So as can e seen, this Fib level is also a great...
We just took a long position on SXPUSDT. The key resistance area is near the 61.8% Fibonacci level and the top of the ascending channel. Should the price reach our target, it will result in a solid 20% gain!
Sharing with you our latest buy signal on ZILUSDT. After a week of consolidation, the price is starting to produce higher highs and higher lows. We expect a pullback at least towards the 61.8% Fibonacci. Lets see how it turns out
On the daily timeframe SSV is showing that the corrective wave 4 is likely to be completely. The price has found strong support at 88.6% Fibonacci level, which has been respected multiple times. Overall, I'd expect at least 1 more wave to the upside, completing the 5-Wave upside move. If/when our upside target will be reached, a 107% profit will be fixed! Not to...
I’m excited to share a trade setup for my favorite coin at the moment: Golem (#GLMUSDT). Both the GLMUSDT and GLMBTC pairs are showing extremely bullish potential, and the price action is aligning perfectly with our trading strategy. Key Points: *Elliott Wave Pattern: The current chart reveals a compelling Elliott Wave pattern. Notably, wave 5 hasn't...
While OCEAN coin will get delisted from Bybit exchange on 07.06.2024, it is still looks exceptionally bullish. Perhaps it is just a price manipulation by exchange before the BIG Pump?
We can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally. Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
ZIL continues to respect the uptrend trendline, validating the upside trajectory. We are going for a very aggressive trade setup and lets see how it turns out
Today, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci...