Unlike the first scenario, we will be seeing a serious interference, an invalidation to the first scenario, a liquidity grab. As seen on the chart it means we are in a wave 5 and the previous high is wave 3 compared to the first scenario. BINANCE:MANAUSDT PREVIOUS ANALYSIS MORE ANALYSIS
This is the smaller picture compared to the one we have on the higher timeframe Overall trend long term is bullish I am just showing that this retracement on the lower timeframe has got some opportunity for scalpers and day trader. OTHER ANALYSIS
The sell side liquidity was taken and then very swiftly price surged more than 350%. Here is a crossroad for buyers asking the question such as should I buy here at this point? The answer is YES if you don't mind price retracing to discount ($7.55 - 6.30) and DCAing at discount again especially if you're having FOMO (fear of missing out) and NO if you are a...
This is how I see BINANCE:ENJUSDT on the daily timeframe. Nothing has changed from the previous post on weekly timeframe, the bullish bias remains the same for now till otherwise. PREVIOUS ANALYSIS OTHER ANALYSIS
MEXC:SHIBAUSDT almost time to reenter for bullish continuation on the macro timeframe. See previous analysis for context PREVIOUS ANALYSIS OTHER ANALYSIS
Continuing the predicted bull run for BINANCE:OOKIUSDT after i got over 70% on previous analysis now i think it is the ultimate time for ooki to begin it journey. The first target bags approximately 190%, second target is over 570% and third is over 1,000% if price reaches there. Remember last 2 years this was how I got ooki bout at perfect price action and...
I should have posted this earlier, but didn't have the chance however it is not too late because from the current price to the wave 5-yellow target is a 100% potential. Price action is solid, the coherence between volatility and volume on the relative strength index and chart is strong as well. Based on Elliott wave theory this spike up could definitely be the...
I know I gave the retirement setup that has yielded 47% but it is also good to be aware of the other side of the coin and that is the fact the we could see a fall in price from current price by at least 50% but not to panic the reason I am posting this scenario is not to invalidate the bullish one but to be aware and position yourself for the unimagined and to...
This is an update to the previous post on BINANCE:EGLDUSDT and I want to call your attention to something noteworthy. First of all this is a short term trade, if a new high is created before a swing low (wave C-green), you should ignore the second trade setup. Lastly the minimum target is $78.72 (on Binance Exchange) once price reaches there, you should either...
Let's talk about BINANCE:HOOKUSDT for a moment. This price action is quite interesting and having monitored it for weeks I can say it looks like HOOK is on a bullish trend trend (at least for this scenario). Clearly (as depicted on the chart), it shows that we are in wave C-yellow of wave B-cyan. looking at the chart and price action, you had noticed that...
This should complete the bullish trend short term for BINANCE:HOOKUSDT even though we already see price gain over 30% since previous post below. OTHER ANALYSIS
Here is the second scenario compared to the first one this one will be creating a new swing low at $68 before heading up to $140 mid term. If this plays out instead of the first scenario (see below) it is a pretty good risk reward of 6.65. I will upload the primary degree view for more context stay tuned. OTHER ANALYSIS
This scenario states that after completing the impulsive 5 waves (cyan) to complete wave A-red, price retraced 90% in Elliottewave WXYXZ-cyan pattern to complete wave B-red and now we've began the 5-wave (cyan) for wave C. Note that the corrective wave A & B (red) could be impulsive wave 1 & 2
BINANCE:RNDRUSDT has got to be might nightmare these past months with price action turn against me vigorously to be honest but adaptability and unbiases in this space is key. Yesterday I set a buy limit just at $5.975 but didn't expect price to hit so soon so I didn't upload this. However it is not too late to get in, the risk reward for this trade is over 7...
Expecting this 4 or approximately 3 risk reward setup for BINANCE:EGLDUSDT if I am not mistaken, we should be ending the wave 5-orange as an Expanding Diagonal to complete this impulse or we could see the first setup get invalidated and liquidity taken at $46-43 region to complete a Zigzag for wave C-green of wave 4-orange. If you are taking the first setup...
I have no lower timeframe thoughts for APEUSDT presently but the higher timeframe mid to long term. Three major factor to consider is firstly, the 'Descending Triangle / Wedge' ((purple dashed line) for classical analyst. Price has retested there several times and couldn't break it on the weekly chart hence becomes a strong support and probably one of the...
Right from the onset from the previous scenario the bullish bias still remain the same for $APEUSDT. PREVIOUS ANALYSIS
I was one of the people who bagged $OOKI at the incept and sold at the top a couple of years back now I'm revisiting it. As you can see here we have an #Elliottwave Ending Diagonal (falling wedge for classical analyst) and that's a sure reversal pattern. I expect #OOKI to blast 80% on short to mid-term and 200% mid to long-term On the line chart, I see much...