So Hathor did well last week and I believe is ready to continue. Just completed a wave 3 of 3 and should be on the way up for 5. I could see wicking past the previous high and then correcting a bit for wave 4.
ICP just went through a ton of FUD, which tbh seemed legit as a lot of serious questions did not go properly answered by the team. That being said, if the Dfinity foundation did unload a ton of tokens, it's possible they are finished doing that now. No need to look at the HTF as it's terrible, but zooming in on the lower time frames suggests a possible...
Luna has flipped a couple of key levels. Getting over resistance as well as back above long term trend line. Can't help but he bullish if price holds.
COTI is getting close to this long term trend support. From what I gather, one of crypto's more fundamentally sound project already turning several million worth of transactions. Simple chart though. Hold that trend line please.
CSPR is a big project out of Coinlist which has dropped massively as most tend to. A lot of tokens have apparently been released recently which makes sense against this chart. That being said, falling wedge patterns tend to be good reversal patterns and that massive sell volume could have been capitulation. All depends on BTC, but I could see one more low...
So KCS has been getting tons of hype in the past week or so and the chart certainly reflects that. Assuming Bitcoin isn't going bear, then I expect KCS to do quite well in the coming weeks/months. Wave 3 hit the 1.618 extension perfectly. Projection for wave 5 is often the 0.618 extension of the start of wave 1 to bottom of wave 4. No timeline on this, and...
So Woo is definitely one of those projects I've been hearing a lot about and I finally started looking into. I'm def late to this one, as market cap is already around 450-500 million, but a good exchange token can easily go into the billions. For this current move, I believe we have corrected and if we can finish clean 5 wave as I have marked and close in or...
Here's one I picked up on a whim some weeks ago. A case where the absurd Ethereum fees actually helped me as I was going to sell during that accumulation, before Kucoin listing, but the fee at the time to sell was over $500 so I decided to hold on. Lucky I did as price has pumped significantly from the bottom. Uno is an insurance platform for insurance...
MINA is the latest Coinlist project to come out and did the usual post listing drop. It's touted as the lightest blockchain at only 22kb which in theory would allow it to be super decentralized. I'm not totally clear on all the fundamentals and tradeoffs for such a light blockchain, but it was one of Coinlist's most in demand sales ever. Chart looks better now...
Serum is one of the primary projects built on Solana and overall, I believe it has a strong future ahead as backing by FTX is strong. Chart, as usual, depends on what happens with BTC. I am still leaning bearish for BTC, so I would expect this WXY to play out. Bullish alternative below.
ETH looks to be in the middle of the C wave in this zig zag correction. Clear 5 wave impulse down for wave A followed by a nice 3 wave move up. Now it looks like we are beginning 3 wave of C. Projection for the fib from the bottom of the last move up has good confluence with a 1:1 for A-C at 0.618. Don't even know if that makes sense. This matches with the...
I think I'm one of the few who is still bullish on BTC despite the recent collapse. The way I see the correction is as an expanded flat with a truncated 5th wave in the larger C wave. The trend line has been reclaimed and the RSI is showing strength by bouncing off of 40 as support. Generally, BTC RSI above 40 has been a bullish signal. Still could go...
$RAMP had a pretty massive collapse post Binance listing, as does usually happen. They've been putting in a lot of work this whole time though and have a slew of products available on their platform. Worth taking a look at their site do see what's available and if you can do some staking. Really good APY/APR and available on BSC so fees are low. There are ways...
AVAX is def one of these projects with high potential based on fundamentals. Apparently super fast, scalable, and with a growing ecosystem. I haven't tried it out yet, but have been interested for some time. Unfortunately, the recent bounce didn't show the strength I would have hoped for as price didn't reach that previous high as many of its peers did. That...
Depending on if I use log or linear scale, we are currently at trend resistance or support. Above is the log scale and the trend line from March drop has been broken and is now acting as resistance. Below I have the linear which is more bullish in that it's a perfect drop to trend support. in both cases, there is an ascending triangle which is apparent on...
In retrospect, on most cyrpto, the writing was on the wall for a major pullback. RSR was no exception and dipped significantly. On Binance, dropped even deeper, but I use Huobi as it has full history. In this case, I count a complete 5 wave move up. My EW is not the best, so take it or leave it. What was obvious though are the 4 consecutive tops on a daily...
Falling wedge inside the larger triangle. Like everyone else, I'm waiting for a 42k flip to feel more bullish again
Phala is one of the more commonly cited projects with a shot at parachain status on Polkadot. Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction. I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on...