OatSuk

OatSuk

This is a weekly chart and the trendline has been broken very nicely. The bottom formation is also very nicely done with as low volatility at the base. Personally, I entered around 0.35 and looking forward for the 0.7 at least in the couple of weeks, or 1-2 months, when RSI reach OB. For the one who did not have a position yet. There is still an opportunity in...

OatSuk

We are under a short term consolidation for a while but the break out is soon to happen. I am making this very clean chart just to point out this trendlines and apex. Yet it is impossible to predict which direction it would break. *Personally, I believe there will be a "painful" false breakout with a very high volatility happened, generally it does every time the...

OatSuk Updated 

We are at the very good zone for accumulation if you still believe in the future of BTC, considering upside vs downside that is 1:3 at least. I did a rough cycle count here in 2 cases: 1st is the most likely for now: 60k might be the significant top that will last very long and BTC will go into a sideway asset in the next decade. Yet it is still very volatile 300%...

OatSuk

BTCUSDT, I still looking for another push to test around the trendline before we are going for the last 5th. Anyways, there is going to be a sideway market ahead for an accumulation phase. This may take lots of time. Lets say you have 5th and 1st and the 2nd wave ahead. The 2nd wave correction will be very deep in general. However, I find 17k, the last pivot low...

OatSuk Updated 

This is just a hypothesis as there were only "2" historical data happened. The weakness of this hypothesis is the number of samples that is "Very few", PLZ aware of this before you read this analysis. I think we have seen lots of analysis mentioned the influence of DXY to BTC lately -Because DXY represents the strength of USD, measuring against other strong...

OatSuk

This is the 2 cases that I am really think it is. Both seems to say that we are short term bullish and WE'RE REALLY CLOSE TO THE BOTTOM if not happened yet! 1. We already bottom and ready for a Mid Term Bullish Trend - this case 2k is likely expected 2. If not then we are still in short term bullish for 4th correction and the 5th to FINISH the ZIGZAG correction...

OatSuk

I think we nearly end now yet there might be 1-2 swings before we reach the bottom. I think 1.1k is a key level and the rejection should happen there. For long term trader you better stay out off the market for sure as it will takes months forming a base as you won't know till then whether 1.1k is really a pivot low.

OatSuk

MKR just gained lots of in flow after the crash of UST and it is looking very good both in term of TVL dominance on ETH and price action chart. 1. 1000 USD is a solid support here if you want to buy or go long for a swing trade it is a good SL point. 2. MKR is no.1 TVL in couple of TOTALDEFI chart both seems to confirm with a confluence here. MKR STORSI/RSI seems...

OatSuk

If you are looking to accumulate UNI, I think you should start playing an attention to it now. 1. I still think 3.8 will get tested again. This will be the level to determine whether the base of the next cycle will be there or not. As drawn in the chart, I expect it to get test very soon at least once. However, it can be thrice or more but the more the better....

OatSuk

I think 1.8K is likely to be reached as a "KEY POINT" of which 3 scenarios for the long term market progression will be as follow from most bullish to bearish: 1. 1.8K is held and finished as a truncated Zigzag of the 4th 2. 1.8K is held but the next upswing will only be C of the B of Zigzag (as labelled on the chart) // Or may be now is the 1st of C with an...

OatSuk Updated 

It looks like BTC wants to test 30k soon. FED's raising interest rates on May and June might set an important pivot point. Prepare for a choppy price action and some sorts of ranging.

OatSuk

Hopefully 2.5 USD can hold. If that so the break of the triangle will be a very nice sign of the correction completion. Volume does indicating that the triangle is forming. We should wait until the resistance is broken for the trend follower strategy unless you are accumulating it - current price can be a good entry for building a position.

OatSuk

I think this structure is solid for APE. We can see that the triangle is forming and around 1/3 from the apex of the triangle can be the timing for breakout from either side. For me I am accumulating it, thus I bought as near as the support as possible and save some portion in case of a break down to accumulate more. If we can break above this 50% resistance, the...

OatSuk

I still think the upward momentum will persist though there might be a bit of a correction in short term. This might be an opportunity for those who did not enter it yet.

OatSuk

KUB is going up to test 415 -450 THB. After that it depends on the global sentiment of the next FED hike and geopolitics. RSI should reach Overbought level for this swing. The break out has been confirmed unless negative event crash happens like escalating Russian/Ukraine war causing the break of 250 THB.

OatSuk

After the FED announced the unsurprising interest rate hike, cryptomarket included ETH is trending up with very few fraction above the diagonal resistance. This is a very good indicator. I am expecting 3800 as a target at least before the buyer who accumulated around 3k started to risk off their position by selling some of their ETH and before the next interest...

OatSuk

I happen to come across BNB on-chain data which I find very interesting and coordinate it into the price action zone that you may consider significant for accumulation. 1. 75% of BNB holder at the moment is 1-12m period holder which started since the break out a year ago. Along the way that break out line become a valid support until now. The evidence of this...

OatSuk

It is reaching a significant diagonal resistance of the Bear market. I believe that it is going to be about the reaction after "FED" announced their hike and plan today. We need to keep an eye on this important event as it will mark the sentiment of overall crypto-market. It is going to be very volatile no matter what.