EthanTW

EthanTW

4h time frame - MEME is breaking the horizontal resistance with a bottom structure and correcting so far, the support at 0.029 is critical for MEME to create a triangle that is also a potential continuation structure. The critical support is made from structure and 0.5 Fibonacci Projection, that provide an opportunity to set a long trading plan. - TP: 0.047 SL: 0.027

EthanTW

4h time frame - ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long. - TP: 4 SL: 1.5

EthanTW

1D time frame - Since last analysis of C98, we have already took profit, link as below, and here is the new one. C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53....

EthanTW

4h time frame - ONDO is consolidating since hitting 0.47, but does not make apparent trend of continuation structure, only show a potential rising wedge. ONDO is just retesting the support from uptrend, that is an opportunity to open long here; however, considering the resistance from potential wedge, need to be careful of 0.488. Also, because ONDO has high...

EthanTW

1D time frame - MINA is creating a continuation structure since increasing to 1.63 with 380%. There are many kinds of possible continuation structure, the better one is cup and handle. If MINA makes cup and handle, then cannot go below 1.1, which allow us to set a trading plan with great risk to reward ratio. - TP: 2.5 SL: 1.09

EthanTW

4h time frame - MUBI retested 0.085 two times and created a double bottom, which neck line is around 0.127. We have opened positions at bottom(0.085), and the new support zone(0.127) is an opportunity to add positions, that target is 0.22. Moreover, if we use Fibonacci Extension on MUBI, the first obvious resistance is 0.345, so we can set up a trading...

EthanTW

4h time frame - MANTA is suffered from deep dump today. However, there is a strong support since January, MANTA always bounded once touched the uptrend line. Due to less data of candles, we can only use Fibonacci Extension to estimate the final target, which is $5. - TP: 3.73 / 5.2 SL: 2.74

EthanTW

1h time frame - 1CAT is creating a potential rounding bottom, there is an obvious accumulation zone around 0.004, and will complete the structure once 1CAT break and retest 0.0075. So we can split fund into two parts, first one is buy 1CAT below 0.004, next is the timing that 1CAT retest 0.0075 after breaking it up. Also, according to a standard rounding bottom,...

EthanTW

1D time frame - BTC went through PRZ recently and broke the plan that shorted at 46k. Now, BTC is approaching the previous high at 48969, so we can set up other plans with sweet risk and reward ratio. First plan is depended on the potential symmetrical structure (or double top), this plan would short at 48k~48.9k and target at 38.5k which is the neckline. Second...

EthanTW

2h time frame - BTC is creating a small triangle structure, the liquidation zone of this structure is 44500~45300. Look at the bigger picture, 45000~45430 is the PRZ, which is made from 0.382 Fibonacci tool and project target at 35700~34500. Also, this PRZ(45k~45.4k) is the potential right top of a big double top structure, so this zone would be good to try short...

EthanTW

1D time frame - ONE is consolidating under the long-term downtrend, and retesting the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with 3.6 RR. Also, there is a strong support on higher time frame around 0.008~0.010, this is a great zone to accumulate spot if ONE come back again in future. Therefore, I provide two...

EthanTW

4h time frame - BIGTIME is breaking out the long-term downtrend, and also making a small potential double bottom here. Because BIGTIME has no enough historic data to analyze, we can only use Fibonacci tools to set up trading plan. - TP: 1.11~1.24 SL: 0.287

EthanTW

1D time frame - C98 is retesting a rounding bottom structure, that support around 0.2~0.21. Also, C98 is making a potential symmetrical structure, which is like a bottom head and shoulders. Therefore, we can use Fibonacci Projection to set up a perpetual trading plan with great RR around 5.7. - TP: 0.367 / 0.47 / 0.55 SL: 0.192

EthanTW

1D time frame - ALGO is retesting the structural support around 0.135~0.152, that is also the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with great RR. Also, we can easily see a strong support on higher time frame around 0.08~0.10, this zone is a sweet price to accumulate spot if ALGO come back again in future....

EthanTW

12h time frame - ILV is correcting 40% since 59 days before. This correction could be see as a falling wedge, which is a potential continuation structure. If ILV can get support around 0.382 Fib Projection, that will allow us to find target with Fibs and structural resistance. - TP: 134~146 SL: 57.8

EthanTW

4h time frame - SILLY is retesting the rounding bottom structure, that also means SILLY might create a symmetrical structure by reaching 0.11. This scenario allow us to set up a trading plan, which risk to reward ratio is good and almost 3. - TP: 0.11~0.13 SL: 0.069

EthanTW

1h time frame - ETH is creating a potential continuation structure. Also, got support at 0.618 Fibs, which projects target at 3100 in future. Considering the consolidation trend, better to enter while retest critical support in lower time frame. - TP: 3100 SL: 2395

EthanTW

1D time frame - PERP is creating a rounding bottom, which usually has good performance in further trend. After breaking out neckline zone around 1.3, PERP reached 2.2 then started pullback. Support of neckline is doing well so far, so this is an opportunity to set up a trading plan. - TP: 2.22 / 3.6 SL: 1.0598