📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. I've been bullish on Solana since the beginning of 2024, when SOL was still sub $100. Take a look here at other altcoins that we've been watching: By looking at the Drop-and-Pop fractal we've been watching, we can conclude that for...
📉Hi Traders, Investors and Speculators of Charts📈 SOLANA is on the list of my top 20 altcoins to watch in 2024. From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop". What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally...
📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. By looking at the Drop-and-Pop fractal we've been watching, we can conclude tat for the short term, the support zones should hold at $140, with wicks as low as $120. We can also take a look at moving averages to get an idea of...
📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet...
📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...
📉Hi Traders, Investors and Speculators of Charts📈 UNI has dropped hard after a decent increase, taking the price back to accumulation level lows. Losing ALL THREE moving averages in the daily is bearish for the short term : This however presents an excellent opportunity for traders to re-accumulate at low prices before the next bullish impulse wave...
📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Cronos in the Daily - the Flag Pattern, also known as the Pennant. The pennant can be either bullish or bearish, depending o where the price CLOSES. The BULLISH Scenario / Long: The BEARISH Scenario / Short: From a technical indicator perspective, the MACRO is still...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...
📉Hi Traders, Investors and Speculators of Charts📈 AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common. I've been bullish on AVAX for...
📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find...
📉Hi Traders, Investors and Speculators of Charts📈 In recent news we've just learnt that Cardano is being considered to assist in the upcoming voting processes! Multiple US states are exploring the potential of leveraging Cardano for enhancing election transparency through the integration of blockchain tech into the voting process. Now this does not necessarily...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a...
📉Hi Traders, Investors and Speculators of Charts📈 There are a few stocks on my immediate radar. 1) Asana - NYSE:ASAN If you're working in a large, dynamic team you're probably using a workflow management tool like Monday.com ... or Asana. Asana is a fantastic tool, I use it on a daily basis. It's easy to use, user-friendly and it has a wide range of...
📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1. According to my plan,...
📉Hi Traders, Investors and Speculators of Charts📈 JUST released on mainstream (MEXC) means this microcap will likely explode. It's possible that from here with the exposure of an exchange, WEN can easily x100 or even beyond. WEN is the first community coin based off a fractional NFT, the first official launch on Jupiter's LFG launchpad, and the first NFT...
📉Hi Traders, Investors and Speculators of Charts📈 BNB / Binance coin is another altcoin with good upside potential for the next bullish cycle. I expect this to come into full force only after the BTC halving. Looking at the clear bottom followed by a bullish flag pattern, it seems highly likely that BNBUSDT may make higher-highs for the short term. It's...
📉Hi Traders, Investors and Speculators of Charts📈 MATIC has been very profitable to us so far; watch my previous update HERE: If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - you could possible see a low entry point soon! Polygon is unique in that it's a blockchain platform designed to work with...
📉Hi Traders, Investors and Speculators of Charts📈 Cryptocheck tries out TradingView's new Tarot Cards tool called Zoli, a fun tarot game aimed to entertain and/or compliment your analysis! Upon entering, you are met with the following screen: You then get to pose your question to Zoli, who will now ask you to select three cards from the deck: The aesthetics...