FieryTrading

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A couple of days ago I made an analysis on FTM and the fact it was trading on a very important long-term resistance. For a break out we needed Bitcoin on our side. As of today, both BTC and stocks are seeing further bearish pressure, which has led to FTM failing to...

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A few days ago I made an analysis on the SP500/stock market and the fact it was trading at the main bearish resistance. As seen on the chart, the SP500 has made a lower-low since it broke through the yellow support (anchored at the previous impulse low). Honestly,...

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Yesterday I made an analysis on AXS and the bull-flag that was forming. As anticipated, the flag broke bullish and both my targets got hit within hours. Congratulations if you waited patiently for the trade. As of today, AXS is still showing strength relative to...

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Around two weeks ago I made an analysis on APE and the bullish wedge it was trading in. The expectation was that APE would move towards the top resistance, and here we are. Next couple of days are going to be very important for the near direction. If BTC remains...

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RUNE has been trading very bullish over the last two weeks. At the moment we're seeing some minor bearish divergence (yellow dotted lines), so I'm anticipating a further drop. However, the trend will likely stay bullish, so I'm waiting for a reversal from the bullish channel's support area. The area between the bottom two support lines is the most likely to cause...

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AXS has seen a big bullish move today. As of now, AXS is seeing some minor consolidation after the initial big move up. In my view, we're currently trading in a bull-flag, which should theoretically break bullish sooner than later. I'm waiting for a break of the top dotted trend line for confirmation. First target is rather conservative, second is more risky...

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Over the course of the last year, ICP has simply been selling off. No fake outs, no sideways, just going down only. In my last ICP analysis I was looking at the same bearish trend line. Back then we were in a similar position as now, close to (finally) breaking out, but not there...

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Over the last couple of months I've been following BNX on foot. Where most cryptos saw huge losses, BNX kept on trading bullish and showed relatively great progress. Hence why I called BNX the new bear-market top performer, just like LINK did last bear market. However, it seems that BNX being a good bear-market performer is out of the window now. Not only has the...

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FTM has been leading the pack over the last week or so. Will the bulls be confident enough to push the price further? FTM is currently trading on a strong area of resistance, in combination with being overbought on the daily charts. The aforementioned is theoretically a very dangerous area to trade for bulls, especially in the current market environment. If we...

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ADA has been selling off hard for well over a year now. At some point, the pain must end one would assume? I'm looking at two specific areas for a potential reversal, see the yellow boxes. The first yellow box, in which we're trading now, can very well function as the bear market low area assuming that BTC's bottom was at $15,400. On the other hand, if BTC will...

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BTC has seen a very decent bullish move over the last couple of days. However, as of today we got quite a pull-back after yesterday's 5% move. As seen on the chart, the short-term uptrend is still intact as we are still above the dotted purple trend line. A successful bounce from here would definitely be bullish. Targets placed in blue. Be aware that $17.5k is a...

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Yesterday we saw another massive bullish move in the markets after the FED made comments about a pivot for the first time since the raising of the rates began. Note that they didn't announce a reduction of interest rates, but rather a reduction of the incremental increases from 0.75% to 0.5%. As seen on the chart, the SP500 is currently trading right on the most...

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Some time ago I made an analysis on TWT and the Fibonacci reversal we found. In the end, we didn't reach the $2.75 value, but still got a nice 10% move. The low at $1.82 held, so the signal is still valid. Currently, I'm looking at a different pattern on...

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A couple of days ago I made an analysis on ETH and the fact it was hugging a very important short-term resistance area. A bullish break out eventually led to us reaching the profit target today, congratulations on the trade. As of today, ETH has confirmed the daily uptrend by...

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ATOM is well on its way of forming an inverse head & shoulders pattern, which is a bullish reversal pattern. I'm waiting for a break out through the neckline before considering a potential entry. Targets placed at recent areas of importance.

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As of today, the market is seeing more bearish pressure arise, SOL is one of the bigger losers of the day, which is to be expected when looking at everything that happened in the last couple of weeks. I'm looking for a close below the purple dotted support. A close below can be a great trigger for a potential short. $12 and $11 have proven to provide...

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Recently I've been looking at Bitcoin in a more long-term bullish perspective. Very decent probability that the bottom is either in, or very near. In any case, it's too early to determine whether the bottom is actually in or not, but I still find it interesting to explore different scenarios. Keeping an open mind is always good when looking at long-term price...

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Over the course of 1.5 years, XMR has been trading bearish inside this well-defined bearish channel. All touches on the top resistance have been sold, all touches on the bottom support have been bought. There's little volatility in XMR ever since the bottom of June 18th (6 months ago), so there's little reason to scout for longer-term entries. I'm currently in a...