BigLava

BigLava

The price has been in a distribution phase since its launch during the bull market. A textbook U-shaped pattern, with the price currently testing and remaining above resistance levels from two years ago. The trend has transitioned into an accumulation phase for some time now.

BigLava

Clean and simple. Tesla just tested below the 25 rsi level on the daily. Historically a buying opportunity. NFA

BigLava

A narrative towards RWA (real world assets) is bringing liquid stable coins to the canto network. Not sure what the chains main purpose is.. Taking a look at the MFI. Once its starts trending towards mid 70s, you can see a massive break through occur. Similar scenario currently. MFI is trying to retest the 80 mark, could see a big run if we consolidate over $0.32

BigLava

YGG rejected at trend line. Expecting to see price trend to support level before potentially bouncing back for up trend. Using 3x leverage. Scale into position don’t market sell at once.

BigLava

Potential scalp opportunity. Price is now trending towards support cluster. Looking to enter and exit quick, as shorts seem to be stacking up for a few days now.

BigLava

Price is currently volatile due to Vitalik depositing eth to exchanges. Cme gap the 1530 range. Expecting to see a bounce

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PEPE has made a massive move possibly a short squeeze. Price is now back in range. RSI bearish divergence

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CHZ is currently trending around a key liquidation cluster level. Waiting for double top confirmation from Sept 16th. Looking to open a short with a tight stop loss.

BigLava

This token seems very manipulated by MM and exchanges. Late Shorts are severely trapped. Price testing VWAP and above local support. Expecting to see late longs get trapped here soon.

BigLava

AVAX Has been on a downtrend for the past 2 years. During this bear period there has been hundreds of millions of dollars worth of AVAX unlocked. Around FWB:80M is to be unlocked Sept 21. Retail traders can already see this information publicly. Shorts are probably stacking up here with high leverage. Price is ranging between $9 to $10. Once unlock occurs i...

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Currently there is news going around CRV founder sold tokens, while having an handshake otc agreement with other buyers. These buyers seem to be off loading as price is now near there otc purchase price. Retail is all over this news. Excessive shorts have been entered giving exchanges and market makers a perfect setup for a short squeeze.

BigLava

$SWEAT has been caught in a long-term downtrend, signaling unrelenting selling pressure in the market. But that's not all—there's more turbulence on the horizon. In approximately 20 hours, another $4M worth of $SWEAT tokens will be unlocked. While the exact allocation is unclear, this development could mirror the pattern we observed between December 2022 and...

BigLava

Chainlink is back in its trading range following a sharp short squeeze that caught many retail traders off guard. Often, these traders start shorting too late, especially when they expect further declines due to Bitcoin's price swings. I anticipate the price will likely move sideways for a while, all the while increasing open interest—playing directly into the...

BigLava

Eth is now trending in a new range. This range is created from the 2 CME gaps. An extreme PvP market. All later positions get squeezed out by 5 to 10% rips and dips. Retail trading volume is low compared to last 2 years. Low liquidity means more hunting for exchanges.

BigLava

ENJ is currently testing its yearly low. If price can not stabilize above $0.22. Looking to enter in a long term short position. Market cap is around $250 Million. Jan 2021 market cap was $110 Million.

BigLava Updated 

This chart is solely based on cyclical events. Hbar is now back to critical accumulation levels from 2020. RSI is extremely oversold on the weekly. An early fed pivot could invalidate this analysis. BTC halving: Apr 29, 2024

BigLava Updated 

$61,000,000 HBAR unlocks in 10hrs. Daily RSI has closed below mid section Last token unlock on may 31st. Caused a 24% correction. NOTE: token unlocks are not always bearish. Not sure where these tokens will be allocated,or if they sold locked allocation OTC.

BigLava Updated 

Not looking good here. Chances of reaching $0.50? Pretty much every spot buyer is at a loss. Capitulation?