PEPE is breaking out of a 3 wave correction and the next wave up appears to be underway. Not advice
APE appears to be a really great deep value buy here. Yesterday it closed a bullish momentum candle on the week chart and has pushed up beyond the trendline. It appears to have bottomed tidily between phi; 1.618 and 1.786 overshoot ratio band. This coin may have serious pump action I think. Not advice
THETA Appears to be copying Bitcoin somewhat in that it has become "corrective" but yet as part of a steady uptrend. We could look at this as an ascending wedge which is typically known as a bearish pattern. The textbook will say how the wedge signals weakness to the upside and is typically followed with a break to the downside which is the assertion of the...
Had a small pump from the lows and now appears to be breaking out from a 3 wave correction and this could be the start of the next wave up. The 3rd wave is a contraction pattern also with contracting oscillation. I think this may be a clue that quite a pump could be in the pipeline. On weekly chart as we looked at before SHIB appears to be in a long...
Bitcoin has now repeatedly breached all-time-high resistance and now is holding above. In the first instance this triggered a big sell off which got many bears hopefully dreaming up an instant crash scenario. But the sell off was caught by a fast recovery with buyers eating up the area. The retracement of the bounce recovery exceeded the 0.786 ratio; signalling...
Dogelon Mars - Current Rank #333 We've seen the wild pumps in higher ranked dog coins; SHIB and DOGE both top tier coins have been ripping it. I gave you guys SHIB at the base (see "Related Ideas below) and recently it was up 430% and probably more to come there. But now money is trickling like a waterfall 😅 into lower ranked dog coins like ELON. The name...
SUKU joins pump club today - up 50% already today. This is a great low rank coin (currently #794) that has been drifting for some time in accumulation. And in the end, this one was a textbook Wyckoff Accumulation as shown on the chart. This week candle still has 5 days to go but it looks like it will be the first one with a candle body close above Accumulation...
For COIN I think there are 4 key details: 1) Last week's bullish momentum candle (green arrow) is not to be ignored. As I said in the video (client only); Glenn Neely's charting maxim is one of my favourites; "The fastest wave dictates the dominant trend." And that is a fast pump. 2) The RSI has so many pitfalls and if a strong pivot did print here then this...
Its been a long time coming but today NIO has hit my buy point after a long and devastating bear market. And its no impossible that this bear market could continue down and down but today it has hit a significant Support @$5.65 and the 0.618 retracement @ $5.55. So far today it is printing a hammer on the day chart and although that can be considered to be an...
SHILL is a low rank gaming coin (#1043). Gaming coins have been a big winner so far this cycle. It is pumping and now into the first really impulsive phase following a prolonged correction. It can be a decent momentum buy as it is still well within the retracement area. Low rank = high risk but high reward. From here it will likely challenge the top and could...
HYDRA (Rank #1168) Digging around for more deep gems so I can trim off the winners and here's a coin I found. This one looks ultra volatile similar to XPR and its had a small push up of what appears to be a wave 2 low. There is a very obvious V shaped CHoCH Change Of Character and it would appear the bottom is in and this is in ideal position to buy. The RSI...
ILV (Rank #147) Looks like it has completed a fairly shallow 3 wave correction relative to the overall trend. Since then it has slumped back almost reaching the 0.618 Golden Window @ $83 in reflection of BTC 10% flash dump today. I'd really like it to pull back to $60 and will save some allocation for that in case we do see some significant dump action...
Is another one I have found browsing "Gap Losers" today. This has long term bullish divergence through the downtrend and through that big bounce; which is significant I think. The upper wick (red arrow) is a bit smelly but I think this is compression forming and on the 2 week chart this is expressed as Inside Candles. And the gap above will attract price so it...
NATURALGAS This is perhaps now the only major asset that we cover that I think perhaps is yet to bottom. But it looks like it is setting up for a pump. Ascending wedges are generally bearish but Nat Gas is so wild that it will often pump hard first before dumping down and down. This is a difficult call but I think that we have not yet seen Wyckoff ST Secondary...
When the great buy-the-dip opportunities were available for FET the bears were in song and it was oh so foolish to buy Bitcoin, let alone buy high risk altcoins. But AI coins are flying now and soon FET will make new highs. This is only a second bullish momentum candle printing on the week chart so this could go quite a bit higher from here considering how many...
SILVER Ok so I often joke about how slow Silver is but considering how Gold is moving I think this is worth picking some up here. I think the way to best understand this area is that the bowled dump and recovery is Wyckoff CHoCH Change of Character. Notice how before that point price action is quite noisy and wobbly. But after there is a fairly tight 3 wave...
FOMC announcement is coming in soon and most of the FED aware trading community (not hodlers) think the financial world is on the brink of catastrophic disaster. And who could blame them, that is what the news has been forcefully pushing. But what they don't seem to be shouting from the roof tops is that Congress has already raised the debt ceiling 78 times...
Highly probable Bitcoin has now bottomed. Looking for a move up to at least $174K. See you there!