Shotokhan

Shotokhan

So, I had posted another idea days ago but it was blocked by the moderators so you missed it. Double bummer: for the rules of TV and for the fact it turned out to be on point. Let's focus on current situation: - daily candle closed as inverted cross doji which means we're going down but after it was pretty clear even before it formed; - current daily candle is...

Shotokhan

Just judging by previous behaviour at weekly (I'll post a screenshot in the comments) and looking at candlestick I think another leg down it's to be expected. Check this website for the theory: tradingbud.com If you don't want to just read this: if price goes below the lower dashed line you can start a...

Shotokhan

LINK is fluctuating in this pattern which looks like a triangle but I think it's more of a pennant. I'm bullish on LINK and TA here is just based on four things: clearly a bullish pattern; people calling it on LINK trending 4th on LUNARcrush the fact that it has bottomed, even if it isn't shown here price went a little below 0.786 and started going up...

Shotokhan

falling wedge good fib retracement level to buy SMI bullish DIV but mostly some influencer is calling it For all the reasons listed above this can break out, just DCA your entry and/or use stop losses because I think BTC will go to 40K and this can drag everything down, LRC included. Good luck

Shotokhan

If you go look at the previous signal I've released about BTC (20th of December) I had this major trendline and I had written this: In a previous TA I stated that worst case scenario would have been 40-41K (current 1 Fib retracement line), I think we're slowly heading there although there could be an intermediate stop around 42.7k and 43k which is the trendline...

Shotokhan

There isn't much to say, all DeFi are about to wake up after a long free fall. VLPR shows the bottom of this huge falling wedge has been bought (up until 3 weeks ago) and now price is heading toward another test of the upper trendline. In general this pattern looks so neat that I'm personally very bullish, I wish I had more fiat to buy it right now. One advice,...

Shotokhan

I had great expectations for UMA when entered it and saying it disappointed so far it's the least but after all the entire market went down and probably it was my fault, now instead everything bottomed and UMA makes no exception. Price action isn't encouraging and has been flirting with 1 Fib line but VLPR at daily timeframe shows UMA has been heavily bought...

Shotokhan

Last year I've entered too soon ZRX against BTC, I made a mistake and this can happen, however I think that as DeFi are awaking again and most of alts have bottomed, this might me an actual breakout. To keep the chart more clear I didn't draw the Fib retracement but price went udner 0.786 and now is going up again. Unfortunately pairs against BTC are more...

Shotokhan

At this point RSR is on the bottom line of a huge pennant, by book's rules, once it'll break out this should blast price over previous ATH. If you enter now I think it's safe to say you have more chances to make money rather than to lose them. The project is widely spread in some south american nation so it has adoption. On multiple timeframes I saw various...

Shotokhan

Like everything else XPR had its dumping time but I think the bottom is in. As you can see 0.786 Fib line has been passed and now price is back over it, overall the entire price chart on daily timeframe is into a descending wedge which eventually will break out. Bollinger bands (not shown here) have noticeably squeezed compared with the first 15 days of decemeber...

Shotokhan

I don't check very often indexes however I did check on this one because, as you can see, TMC has been going down for weeks now and according with TA it might keep going down at least until the beginning of 2022. Even without watching an index is pretty clear there's no much money entering crypto right now and this is the reason why major coins and tokens are too...

Shotokhan

I've been accumulating DOT after a long time and late since I wanted to buy when it was below 10 but I didn't have money. As you can see after a -52% dump it looks like price is breaking out of the trendline. Moreover I see the beginning of a bullish DIV that at a certain point will start to play out, probably it has already started. TMA shows that at daily...

Shotokhan

At this point I think my worst case scenario will happen and I'd be happy if it happened quickly as I'm sick of watching this slow decline. In a previous TA I stated that worst case scenario would have been 40-41K (current 1 Fib retracement line), I think we're slowly heading there although there could be an intermediate stop around 42.7k and 43k which is the...

Shotokhan

If you've seen my past signal on HBAR you know already that the white lines are two strong R/S and I think they are still in play, however watching the weekly chart I think currently the chart is into an ascending channel. Off course ascending channels eventually break downwards but as I said.... eventually! For reasons I don't know HBAR did a strong reversal (at...

Shotokhan

Ok, let's start this serie of analyses dedicated to metaverse and let's talk about MBOX. It's a P2E game backed by your truly Binance, meaning this will do well eventually! Max supply is 1bil and circulating supply is currently 389mil so relatively low as market cap is 461mil €. Considering binance backs this project I don't expect less than 3x from this, even...

Shotokhan

It's easy to pick a bottomed coin/token nowaday, basically most of them are but what isn't easy it's to pick the right project. I think GRT is one of the good one to hold for long as long as several L1s because it basically does something the cryptoverse needs. Now, since BTC hasn't done a proper reversal yet I wouldn't reccomend you to go 100% in but at current...

Shotokhan

Recently I've been looking for metaverse projects so I haven't covered much DeFi, however 1INCH is bottoming if it hasn't already bottomed (and not just 1INCH, new signals will follow). I assumed the worst case scenario which is that bottom of possible retracement was that of last July's dump, in that case current price is currently passing below 0.786 Fib and...

Shotokhan

that one is a double top on LUNA, if it'll play out completely the target is 50USDT, which it's clearly possible if you looks also at Fib retracement. LUNA is one of my biggest regrets of last bullish wave (1 year ago), I didn't have much info and money to invest so I skipped it knowing it was a good buy. Now it can still give us good profit I think. A good thing...