ThawonP

ThawonP

+Hello Everyone had to dig deep into the charts for this one. +Many investors including myself believe that this halving we will see a 2 top market cycle just like in 2013. +Although the the 2013 and 2020 halving % on gains are different as well as starts dates of Halving i noticed something interesting between the 2. +1 being the first Peak happening in...

ThawonP

-In this post i will be explaining why the bull market is not over and why i am very confident this is the bottom for BTC's recent pullback. -In the past 2 months we know that BTC has been moving sideways. -We also know that BTC Dom Chart is dropping which is a good indicator that it is alt season. -We saw major Pairs like ETH LINK and LTC drop draws and make...

ThawonP

-Mid cap coins like Ocean haven't been doing so well lately due to the fact that the fiat flow has been going into many Low cap coins like Shiba Safemoon all the meme Coins -Although Ocean is not a Defi Project it is a ERC-20 Which relies on ETH -If you have been in the crypto space in the past few months you know that ETH has been pumping like a rocket so my...

ThawonP

+Good morning traders to day I want to present to you something I found while looking at the log weekly. +Many know that every 4 years there is a big event in the crypto space called the Bitcoin Halving and if you are looking for more information on the Bitcoin halving I recommend you check out the link in the comment section. +Our most recent halving was in May...

ThawonP

+Earlier in the week was a 33% drop from ETH a bit scary but crypto traders who've been trading for awhile understand corrections like these tend to happen when markets are overbought. +Looking at the weekly we see that ETH wicked $913 weekly resistance now turned support and bounce right back. +Closing above $1215 on the weekly Is gonna be huge for ETH this is...

ThawonP

+Coins are looking good and very similar across the board. +ADA after being in accumulation since the end of Nov finally broke its resistance during the beginning on January and just sky rocketed from there. +Multiple test on the Monthly resistance $.34 cents but failed to close above this level and also failing to test its weekly resistance of $.36 cents +as...

ThawonP

+What a tragic bleed for LTC and many major pairs we saw over the past 2 days. +Pullbacks like this are actually healthy in many ways tho +Let me quickly explain what caused this pullback first +So markets went absolutely nuts and most coins pumped over 100% in just weeks time. +Lots of noobs saw this and thought that they could jump and hop in the bandwagon...

ThawonP

+ETH has been insane lately and the question is now where to re-enter. +If we take a look at the Daily we see a resistance at $1365 that ETH failed to wick last night. +$1365 is the last weekly level before ATH. +Let's keep in mind that many people are foaming in after a 121% jump in 18 days. +Market makers realize this and will mess with your heads but...

ThawonP

+Heres a quick BCH read for the BCH fans out there your gonna love this!! +On the 4 hour we can see multiple attempts at the level $368 but here why I think we will break this time and ladder up to test new resistances. +As you can see here I've identified BCH current valley it is facing. +BCH is coming close and close to the top of this valley as...

ThawonP

+RSR is coming towards and wedge and has created level adaption on $.016 +on the 12 hour we can even see some Accumlation between the levels of $.016 and $.2 +After its second attempt of trying to break this downtrend(white level) it came right back to its support at .016 and started its next ladder up and now seems to be adapting $.018 a residential now...

ThawonP

+Chainlink Today had a great run +When I woke up this morning I saw Link was up16% but slowly started pulling back as we faced/created another downtrend (Purple Level) + In the last bleed Link had it came down to $9.89 and then we started seeing some level adaption around $10.6 +The Green Level is a resistance now turned support $12.3 + Creating level adaption...

ThawonP

+ADA facing another attempt on its 4 year valley .$169 +After its first attempt on this valley we saw a major pullback 35% and closing right above $.13 support +Since then it has created a accumulation zone and I have identified a bullish trend line that was stared on the 16th. +We can see it has tested this level 3 times confirming it as a official bullish...

ThawonP

+Woke up this morning to a nice pump on ETH and many other ALTS +If you missed this pump no worries because there are many more to come. + On this most recent pump ETH break through 2 resistances and wicked $714 to a T +Lets remember the rule of First Touch rejection. +This is the first time ETH broke 700+ in 2 years. and Also first touch on $714 so a pullback...

ThawonP

+Crypto markets have been in one hell of a ride these few days and the parties just getting started. +After Breaking out if its downtrend (white line) we saw ETH do 25% in roughly 5 and a half days. +Most people TP were $686 including mine but what most of us forgot is the monthly level of $669 +Once we had our first touch on this level we saw a scam wick...

ThawonP

+Just came across this coin while scanning markets so here's a quick read on it +Never heard of Ocean before but it definitely caught my eye when I saw it was up 9% on the day. +Typically I don't like to chase coins that are already on its move up but I think its possible Ocean will keep pumping. +The level $.335 is a support and our current resitance is at...

ThawonP

+if you missed the recent pump for XRP when it did 128% in 28 days no need to worry because another pump is coming. +XRP on the weekly tested its swing high of $.74 and had a pretty heavy rejection after. +After its attempt of $.74 it came back to its resistance of $.46 and make this level its new support. +Here on the 4 hour we can see that really wants to...

ThawonP

+Alt Coins across the map all are showing a similar pattern. +The pattern im seeing its coins are testing bullish trend lines after getting rejected of of weekly levels and bearish trend lines. +Same goes with link after 2 test on 92.98 we saw that it came right back down to its bullish trend line and still maintained the level. + LTC on the 12 hour looks like...

ThawonP

+Chainlink has sure given us a few sloppy days of trading this past week with both green days and red days +I believe now its safe to say that Link seems to be making a reversal back to the upside after testing its white daily trend level I drew back form July +Chainlink also seems to be in a symmetrical triangle and if it breaks this symmetrical triangle we...