DewyCandles

DewyCandles Updated 

Centrifuge is among my top picks for the continuing ALT SEASON bull run. It is a strong project with real life and meaningful use case together with Elliot wave technical analysis, I expect OKX:CFGUSDT to be at $1.32 at least by the end of March 2024, also that level marks the 60% golden Fibonacci zone. OTHER ANALYSIS

DewyCandles Updated 

It is not ideal to assume Triangles too early but right now I think it is fair to assume this one since it meets some criteria and also at the last wave E. The invalidation level is at the previous wave C-orange if we are going up and the minimum target will be $8.

DewyCandles

Two things for OKX:BLURUSDT , first we get a 40-50% push up, if the volume and fundamentals is strong we could continue the push to 120% creating a new swing high else we will get a cut at the 40-50% push up and head back down to the 78% Fibonacci level on the mid term before the long term bull run continues. OTHER ANALYSIS

DewyCandles Updated 

One is another Alt coin I have my eyes on for ALT SEASON it also have x10 potential but most importantly I can tell that it is about to take out the buy side liquidity which is over 60% from the current price. Technically, this a some part of a larger degree wave 2 where the wave A-cyan has been completed and we are it the process of wave B-cyan which I expect...

DewyCandles Updated 

Here is what the second scenario look like for KUSAMA. Unlike the first this show that price has not finished the impulse wave going downwards and we might see price create another low around $13 and that is also a perfect point for either re-entry or DCA. from that point to the golden level 50% Fibonacci, there is over 550% gain. ...

DewyCandles Updated 

It is 2 things either we will see a retracement to $0.08 which will become the wave 4-yellow before the bull run continues by creating a new high or the previous high (wave 3-yellow is a wave 5 and it means we will see a deeper retracement to around $0.05 before the bull run continues. In summary for this scenario it simply means that BINANCE:ROSEUSDT is...

DewyCandles

What we are experiencing right now is price reacting to the resistance for the third time. Haven't done that I expect BINANCE:CAKEUSDT to stretch to the 50% Fibonacci level to complete an Expanded Flat for wave 2 before the bullish momemtum returns. There is another scenario that suggest going lower but to keep it simple I will let this unfold first. Stay...

DewyCandles Updated 

I am expecting a bounce from here on BINANCE:ARBUSDT since I am also confident that we are in a wave 3-cyan whereby the wave 4-yellow is almost in completion after the liquidity below is grabbed. The invalidation level is clearly on the chart and a clean minimum of 3 risk reward presents itself if this plays out. PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong. OTHER ANALYSIS

DewyCandles

BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong. Unlike the first scenario, this one won't be going much higher but at least $6 is expected so when you get there, don't make the mistake of "oh we are...

DewyCandles Updated 

Call me paper hand but I sold my $FLAREUSDT here at 271% after the Binance Launchpool and here is why. Since the launchpool, price has surge by 271% psychologically, at this point 80% of airdreppers have taken profit. Secondly a previous support just became a resistance after that stong rejection projecting a weekly wick or call it inverse hammer followed by...

DewyCandles Updated 

Obviously price reversed halfway on us and now it is about to hit the stop loss but the remember the setup below on previous analysis. Now that we didn't reach target for that long this clearly gives a sign that we are in some kind of wave C-orange of wave 2 or 4-yellow and to avoid unnecessary loss the stop loss will be removed and DCAed within the orange box...

DewyCandles Updated 

This is an update to the previous analysis. Now that the scenario has been invalidated, this will be the last attempt for bears because if bulls can take price to $1.545 then BINANCE:EOSUSDT is bullish on the long run. PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles

Very similar to Chainlink (although major ALTS are correlating very well now)but I believe more on total fall for deeper retracement for a primary degree wave 2 for BINANCE:ALGOUSDT than BINANCE:LINKUSDT (see link chart below). OTHER ANALYSIS

DewyCandles

BINANCE:LINKUSDT have one more low to make to complete either wave 5-blue of A-green that will take price up by 50% short term or 130% mid term term. Stay tuned I will be updating with more context to come. OTHER ANALYSIS

DewyCandles

BINANCE:ATOMUSDT should be doing this if it really have intention of joining the bull run. It is quite close to the invalidation level but the risk reward is insane almost 90. More update to come stay tuned. BINANCE:PEPEUSDT is at the level i called so is many alts. We saw this coming billions have been liquidated. OTHER ANALYSIS

DewyCandles Updated 

Support becoming Resistance (S/R) meeting on the Resistance level of an Ascending Channel and at the 61% Fibonacci level coupled with a strong divergence on the Daily Timeframe of the Relative Strength Index (RSI) at the over Overbought region is too much of a confluence for a bearish sign for $FTMUSDT. Afterall, the All Time High seems to be a perfect wave...

DewyCandles Updated 

After the long trade hit target with a risk reward of 4.8 on the previous analysis we took the short immediately hoping to see it fall as shown on the chart. If you haven't enter this trade I believe this is the perfect entry time. However a very important note: this short is just to hedge the overall position on our spot bag here our main direction on the...