Stoic-Trader

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Ripple seems to have finished green wave III, and is now in correction mode for wave IV. There is a H&S pattern in formation. If broken, we can expect a test of the 0.37-0.38 range. An extended wave V would be in play in this scenario, giving us a great LONG opportunity.

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Intel´s 50+% drop may be soon over, but I believe that we should still have one leg down. It is very common for corrections to finish with RSI Divergence, and we still don´t see it in this chart. I´ll be bullish once price breaks the channel and stays above gray support.

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Microsoft´s drop from all time highs has been following a well defined channel. Bulls may be excited by the bounce from 61.8% pullback (at channel support), the price hasn´t still followed through and there was a rejection at 254 resistance and channel resistance. This sideways ranging price action doesn´t give us any opportunities right now. It is also...

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The USDT Dominance Chart gives us several indications that a recovery to the upside is due very soon: - 161.8% extension (blue) - 5 green waves to the downside - close to major gray support - bullish RSI divergence A bounce would initially target green wave 4 resistance (around 7.30%), and then 7.90%. Remember that USDT Dominance rising means crypto prices falling.

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APE´s price action has been solid to the upside, but I expect a lot of resistance in the mid $6. My plan is to wait for a correction (blue wave 5) and catch the next wave to the upside.

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My current wave count considers that January´s move to the upside is only green wave C of blue wave 4. Therefore, I expect another leg down, even if we still have some short term gains.

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The dollar´s drop has been persistent, but price action from the last couple of months is indicative of an ending diagonal. RSI is also beginning to show divergence. Even if the short term bottom has not been reached, I expect a recovery soon, targeting the green zones in the chart.

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Yes, Bitcoin and all cryptos have been pumping in January. Influencers have gone wild calling bottoms, with next stop at 100k. Even though I´m also net long on crypto, and am happy with my gains in this rally, there is an argument for a bearish scenario, in which Bitcoin would be making a flat correction, and this pump would be black wave C shown on the...

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My current wave count for Filecoin considers we´re in the final stretch of the impulsive wave. Still some more room to go, but a decent correction is due soon.

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Price action is favorable for a break to the upside, and I'm trading this possible impulsive movement, with partial targets shown in purple. Targets and stop loss levels will be adjusted based on price evolution.

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The yellow rectangle should offer a lot of resistance for US Steel´s price. I expect a reversal from that zone, for another leg down.

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HNT´s rising wedge has been broken and retested, which gives a short trade opportunity. My first target is around 60% of the way to the base of the wedge, and the final target is the 50% retracement from January´s pump.

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Decentraland´s MANA Token had a blast to the upside this year, gaining over 150%. But is it time to buy? We have a valid wave count to consider that the impulsive wave is over. We also have RSI divergence, as indicated by the green line. On the daily timeframe, RSI hit above 90 (extremely overbought), and price is being rejected at the junction of an...

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As with most cryptos, the WAVES token has had a great beginning of 2023, with a 95% gain. We can see that an important resistance was tested (close to 2.60), but was quickly rejected. Considering: - Resistance mentioned above - RSI in the Daily above 80 - A valid count for 5 impulsive waves I would definitely wait for a correction to better understand the...

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The AUDCAD Forex pair has been moving sideways in corrective and consolidating price action. My primary strategy considers that we will break to the upside for another leg up. This wave count consider that we have finished blue wave 4 as a running flat. This scenario would lead us to a break of the green resistance. The count is valid until 0.92 is...

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In spite of API3 Token´s recent uptrend in the last couple of weeks (as in the whole crypto market), I´m still not convinced that the overall trend to the downside is over. This is what we have: a. Valid leading diagonal for wave I b. Valid impulsive wave III, in 5 sub-waves c. Valid zigzag (blue ABC) correction for wave IV d. Wave IV in the 50-61.8% pullback...

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Tesla has been a falling knife in 2022, but technical factors indicate that we may be very close to a bottom. Some points to consider: a. Gray support zone at $90-$100 b. 161.8% ABC extension at $91.17 c. Valid wave count for light blue wave 5 We could se some more downside choppiness before any reaction, in a bull-bear fight on the gray zone. A solid...

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There are 3 confluence factors that point to the $65 target: - 161.8% zigzag extension - 50% pullback - strong support acting as a price magnet I´ll only reconsider this scenario if price breaks above $93.