CRYPTOCAP_OLD:BONK looks primed for another move to the upside. After predicting the bear market low within a few % we are back with another BONK prediction. We had a horizontal level (white horizontal ray) around $0.00002 that has been established as an important liquidity level. After retesting it, price held up beautiful and has started to move to the...
We added to our INDEX:GALA position last night at $0.062. Gala has a very similar setup to CRYPTOCAP:IMX and some other gaming related tokens. Therefore, can we predict the gaming narrative is about get hot again? Here is what could make GALA pump based on the charts. -Weekly Dragonfly Reversal Doji -0.5 Fib level held -RSI seemingly flipped old resistance...
We added to our ECONOMICS:COTI position at $0.199, this is because.... -We created a weekly doji -Candle body support above $0.19 (strong support in 2022). -RSI bouncing off 70 (overbought conditions) -Price tested 0.5 (50% retracement) -Immediate move to $0.22 expected (0.236) If the high is broken, based on Viaquant's predictive Fibonacci model $0.35 is next.
Last Night, We added to CRYPTOCAP:IMX at $2.95. Here's why... On the weekly timeframe we created a dragonfly reversal doji. The last time we had a doji similar to the one price just created we rallied almost 100% over the next month. Very good RR here with stoplosses below the wick. Also, our RSI on the weekly just bottomed out at the same level we did...
Last night we added to our INJ position at $36.50, Here's why... Looking at price action we had a symmetrical triangle the broke out of the pattern on Feb 12th and retested the pattern on Feb 23rd before having a 67% move to the upside. What we have noticed recently is how well the strong support from that pattern has continued to hold up price (green circles)....
Here Viaquant is making the prediction that TSX:RLB just created the bottom or is very very close to the bottom before its bullmarket kicks off. Here are the reasons why. If you want to know the fundamental reasons of why RLB is undervalued, please check out our previous post here: Now let's focus on what the chart is showing us that could be foreshadowing...
Here we are examining BTC on the LTF (lower time frame), in this case the 4H timeframe. First let's look at price action and some simple trendlines. Take note of the "LTF Strong Support" around $61.3 k. This is an extremely important level on the monthly timeframe that is being confirmed and established on the LTF. It was the monthly close level of our ATH back...
With ETH's recent pullback, ARB has created a very nice bottoming setup. Here are a few reasons why ARB could be a great entry here. - Daily Dragonfly Reversal Candle - Liquidity Grab Close to 200 MA (1D) - Liquidity Grab Close to 0.618 - Oversold on daily RSI (bouncing from 30) * Must give credit to one of my analysts for pointing out the daily close to me.
"Book of Meme" a new meme coin that went from $0 to a SEED_TVCODER77_ETHBTCDATA:2B market cap in just 2 days is starting to form a bullish pattern. After the Binance listing that market the top we have retraced over 60%. We have hit the psychological $0.01 level that could be acting as new support. We are also near oversold conditions on the lower timeframe...
After making such accurate predictions in our previous NVDA posts, we are back with another prediction. Based on Viaquant's Predictive Fibonacci Sequence we could expect a future top either at the level we are at currently, or around $1120. Here's why. - Our first level of $110 was established as strong support with a double bottom (green arrows). This created...
Here we see AMD playing its mathematical levels perfectly. After breaking its last high of $163 price rose exactly to the 1.618 ($226). We saw supply dump at this price giving us a clear sign of what's next. Here are the 3 Scenario's on the weeklytime frame of what will happen next. 1. The momentum will pick back up ( as shown with the RSI bouncing off the 70)....
SEI has formed a potential inverse head & shoulders pattern as well as an ascending triangle. If we are able to break the neckline with an candle close our first resistance level would be the red line. Our measured move price target would indicate price could move to around $1.27 which is in alignment with my previous SEI target of around $1.30
Today, we have had something amazing happen. In the future this post will either make us look very smart or very stupid. I will lay out both cases for you to decide if this is one of the best opportunities to buy eHEX or if eHEX will die. The reason we have seen more than a 50% collapse today is because Richard Heart (founder of eHEX and pHEX) tweeted out why...
We will examine the fundamentals that could pump this token then we will get into the chart analysis. First let's look at revenue. Yearly revenue far exceeds current marketcap. 21 Revenue - $0.89B 22 Revenue - $0.88B 23 Revenue - $1.04B Current Market cap - $413 M or ($0.41B). This shows that strictly based on market cap vs revenue, RLB token is undervalued by...
This cycle has started to differ from normal 4 year cycle theory. Therefore, TA might not be as important as institutions siphoning up the BTC Supply. But if normal TA is to play out from the current point in this market cycle this is what we could expect for price to do. The timeframe is hard to dictate, if this scenario will happen before or after the halving,...
TIA is in a position similar to SEI. Below I will describe the upside potential if we get a certain price level by tonight. TA reasons TIA could have an explosive move. -Price holding key level of $16.40 (Daily candle bodies) -Initial Breakout target of $20. -Higher Breakout target between $26-27 -TIA is a solid project. -TIA has been lagging behind other alts...
SEI has developed a very nice pattern on the 4H timeframe. This could give us a good entry based on where the weekly candle closes. Most likely SEI will break to the upside from this pattern and potentially have a 60%+ move. I will lay out why I think this is a possibility below. But, to the counterpoint, if price breaks down from this pattern we could drop back...
Right now we are examining BTC as it is trying to breakout of its falling wedge pattern. If this is to happen then our initial 1.618 target would be $54,650 followed by the flagpole extension that could lead price as high as $61,800! Of course, we could still see some resistance at $53k which could lead us to a retest of the falling wedge ($51.4-51.8k), but...