evasivesteering

evasivesteering P Updated 

As in my previous post with the preliminary analysis for BTC, I have some thoughts about a possible Distribution Phrase (see link below). As shown in chart, if the current level around $26000s hold for some days, it will be not impossible that BTC revisits the recent highs (around $30000 - $310000 area). After that, given the current macro context (US default...

evasivesteering P Updated 

AGIX has bounced 45% since the begining of May but it is stuck under resistances: EMA 50D, Fib 0.238 and the upper trendline of a falling wedge. For this reason, a Short set-up is proposed in chart.

evasivesteering P Updated 

IMX has formed a Wyckoff Distribution Schematic 2. It is likely that the phase E (leaving the distribution area) is happening. Actually, IMX price has been in a falling wedge since the local high (around $1.6 in mid March). It's an organic sell. Currently, prices are consolidating below the MA200D which is superimposed with the Fib 0.5 and also right below the...

evasivesteering P Updated 

MASK has been bounced from the trendline support (starting from the beginning of 2023). 7 It is now breaking the local trendline and would speed up if BTC would bounces from the CME gap ($26500). A referenced set-up is in chart with SL (red line) and final TP (blue line). Fibonacci levels would be used as intermediate TPs.

evasivesteering P Updated 

I'm Long on KAVA here. Although prices are under the trendline resistance, huge buying volume are saying something. It seems like people have been accumulating KAVA. Actually, mainnet launch is imminent. A referenced set-up is in chart with TPs (in blue) and SL (in red).

evasivesteering P Updated 

Since the beginning of this year 2023, BTC has been outperforming the rest of crypto market (in average). Last week, we saw that BTC has really accelerated and left alcoins behind. Is this trend continue? When will be the turn of alcoins? Today, we can see that some big cap alcoins like XRP, ADA (and even ETH) has started to pump and outperformed BTC. Is it a...

evasivesteering P

Hi all, I would like to share my new long-term analysis for BTC. It is very possible that similar ones have been done before but I publish mine here to track BTC's future moves. As we can see in chart, BTC has experienced 3 main cycles. In the last two cycles, a bull-run staring from the Halving date is followed by a retracement of 80% from marco top a...

evasivesteering P Updated 

OP prices are right above the long-term trendline. The price action is quite interesting with a possible accumulation pattern following wyckoff method. Proposed targets (blue lines) and stop-loss (red line) are in chart.

evasivesteering P Updated 

Prices are at strong support: The trendline support and the Fib. 0.5. With CPI news, APT is bouncing with the whole market. A referenced setup is as below: TP: $9.8 and $13 SL: below $7.6

evasivesteering P Updated 

BTC has been in a sideways mode for 48 days. During the last two consolidations, it took almost 60 days each time (nov 2022-jan 2023 and jan 2023-march 2023) for BTC to escape the previous ranges. The on-going consolidation would end soon? What will be the next direction? These are still big questions that everyone asks. In my opinion, we should be more...

evasivesteering P Updated 

SUSHI has been consolidating for 10 months, quite a long period for a crypto. It seems that this is an accumulation process following Wyckoff method. CMF values are also in a triangle. Break-out would accelerate prices to upper side. In my opinion, we can DCA here to around $0.95 and hold for few weeks (or months if needed), waiting to sell at the upper...

evasivesteering P Updated 

FET, an AI crypto, has been consolidating in a bull flag for 3 months. At this moment, its price are right above the lower trendline, above the weekly resistance and the Fib 0.236: a good confluence . I'm long here. Once the flag is broken, the next Fib. 0 would be the final target. On 1W time-frame, here below is my view:

evasivesteering P Updated 

As commented in my previous post (see the link below), I'm long WOO at this price. A referenced set-up is as below: Target = $0.44 SL i= $0.24 (below the EMA 50D)

evasivesteering P Updated 

Hi all, BTC lost 10% last week. Based on technical analysis, I'll try to explain what happened, where the prices are as well as what may come the next weeks. Firstly, the pullback of 10% was caused by the rejection when BTC touched the wickless weekly trendline. This trendline, a key level, was lost around 1 year ago (in May 2022). Now, BTC is trying to conquer...

evasivesteering P Updated 

Hi guys, LUNC has been consolidating in a box since November 2022. Its pattern is interesting. We can see that there is likely a false break-down after recent moves of LUNC. Based on Wyckoff methodology, it could be a Second Test in Phase B or a Spring Test. In both cases, it's logical that prices will retest the higher range. As these reasons, the proposed...

evasivesteering P Updated 

Hi everyone, I'm going to look at this 1W chart of BTC the next weeks (and even months) to come. The current weekly candle's close will be quite tricky and interesting, if nothing change happens in the next 2 hours. Indeed, prices will be found right between the trendline LS0 and the Fib. 0.236 (around $28100). This close makes the next move of BTC (1W TF) a...

evasivesteering P Updated 

On 1W TF, WOO seems to form a Adam and Eve Double Bottoms. It would break the neckline and reach a 60% higher target. Let's patiently wait for breakout (and retest if you'd like) to enter this trade.

evasivesteering P Updated 

Hi all, I would like to share my thoughts about BTC. For mid and long-term, I still think that BTC would go higher to touch $36000s and even $42000s (see my weekly chart in the link below). However in short-term, like many of you (I think), my outlooks are bearish. As seen in 4H TF chart, BTC's prices have been moving in a descending channel. If $29000 level...