This is one of the strongest charts in the entire market... I would like to thank my dear supporter who called this to my attention. Render Token (RNDRBTC) managed to move above MA200 today and has been really, really, really strong since June 2022. Growth is great, corrections are small. We have the highest daily volume today since June (2023); I call this a...
Did you read the Voxies trade idea? A downtrend turned into a consolidation phase which precedes an uptrend. The same is true for Galxe but here the chart is more revealing, the pair is stronger. ➖ GALBTC hit bottom April 2023. After this bottom we have higher lows and higher highs until present time. This chart is "stronger" because instead of a consolidation...
I hope you've been reading the other trade ideas because if you are, I can get straight to the point. ➖ Orion Protocol hit a new All-Time Low and after a series of attempts at resistance is now showing high volume and really strong bullish action, in fact, this is possibly the strongest candle ever for ORNBTC: I saw similar action only in February 2021 —more...
I am looking at a flat correction, 3-3-5. This is the way to use the Elliot Wave Theory system simplified. No "theory", not "measuring" by the centimeter the distance of a "wave". Not updating the concept and making it super complicated and useless at the same time but a system that we can use in order to have a better view of the market, in order to spot some...
The same chart setup is still valid... Leveraged can be increased to 8-10X. How you approach this of course is up to you. This is medium-risk. The chart setup and projected direction is low risk; high probability setup. But the lev. is high risk. Build a position but remember that this is only a short-term move. 👉 The big one is the long after the halving. We...
We are going to look at a very simple dynamic on this pair: Bearish wave low leads to a bullish wave. Every single bearish wave low is followed by a bullish wave. In both instances, October 2022 and January 2021, the first week is really strong, following the bearish wave low. Currently, PHABTC is trading just above a new All-Time Low that hit this same week....
➖ The SEC approved all the Bitcoin Spot ETFs in the USA and this is great. This major milestone is now in the past and it is good we were proven wrongly. It seems the world is indeed changing for the better, always. ➖ The launch of the Bitcoin Spot ETF turned out to be a bullish event short-term which means that it will end up being bullish all-across. We thought...
Frontier came out recently out of a 5 months long rounded bottom. After the initial bullish wave that peaked September we have a test of EMA50 as support. As FRONTBTC moves weekly above this level, growth potential is fully confirmed. Matched by a strong RSI, again on the weekly timeframe which tells us that this signal is super strong, we can see growth easily...
Shiba Inu's major bullish breakout this week brought in the highest trading volume weekly since late 2021. The previous bull-market bull-run phase. Looking at this type of action, the first time volume goes so high after so long, is indicative that a new market cycle is getting started. The super high volume is supported by a very, very strong RSI. The chart is...
This week the Graph is full green. With a full green session GRTBTC is moving weekly above EMA10, EMA21 and EMA50, with a strong RSI. These are the basic signals combined. The weekly session ends within 24 hours and a close above 435 satoshis would be exceedingly bullish for this pair. On top of the basic signals mentioned above, we can also spot a bottom...
Here is another Altcoin trading pair that is looking great currently, this is a high probability setup. 0x (ZRXUSDT) is moving above MA200 to the upside for the first time since February 2021. This is matched by the highest volume daily since February 2021. The highest buy volume came in 8-October. We have two really strong signals supporting each other: ➖ Break...
Here is another one, this is pretty interesting to me and it is great how the charts, the candlesticks work... It is awesome, it can really help you predict how the price of an asset, in this case a Cryptocurrency, will behave in the future. This is GALAUSDT on the weekly timeframe: Between August and October GALAUSDT produces the cup pattern or rounded...
The opportunity of half a decade... Not only Gala Games (GALABTC) but the Altcoins market. I would love to use the "opportunity of a lifetime" but to be honest, this is a repeating theme. The Cryptocurrency market is full of opportunities and life is also full, if you missed the real state bubble or Dot-com, then you had a chance with Crypto as in the early...
After going green for five weeks straight, ultra-bullish, DYDXUSDT is now moving within the "bullish zone!" This means that the almost two years long consolidation phase is over and the pair, the project, the Altcoin, the market is ready for massive growth. Prepare for something not seem in many years... For many pairs/projects, it will be the first time they...
The same project, Zilliqa, but this time the Tether pair; ZILUSDT. After 539 days, ZILUSDT is now back in the bullish zone. The move into bullish territory is happening now, this week, so it is only confirmed when the session closes. Seeing how the rest of the market is doing, we aim bullish. Another interesting point are the rejections: October 2022 followed...
Which one you prefer, low risk or high risk? ➖ We consider low risk those trading at bottom prices yet ready to boom/grow. Zilliqa right now is one of those. ➖ We consider high risk those trading at multi-year highs and producing shaky action after such strong growth. Here ZILBTC is coming out of a long-term falling wedge pattern (bullish), with a rounded...
-14% in a single candle; in a single day, in a matter of hours... How can we use this information? Were you prepared? If Bitcoin with its 1.3T market capitalization can drop 14% within hours, how much can it drop in a week? How far down can Bitcoin go in 2-3 weeks? Let us consider this question together; not that Bitcoin is going to go down or will enter a...
Hello my dear Cryptocurrency trader, I am up to sharing some current thoughts with you today. The information I am about to share is based on some deductive reasoning, intuitive conclusions and ideas that appear in my minds eye as I go through many different charts. It is an idea that I am getting as I browse on a daily basis through the market, going through...