DragonCaoB

DragonCaoB Updated 

My friend, as I mentioned earlier, the market is overbought and greed has escalated, so be cautious. I believe the market will undergo a correction, and I have discussed the rotation of capital flows. Why do I think that will happen? Because I am observing the market on a weekly timeframe. It's clear that the weekly candlestick close has confirmed the breaking of...

DragonCaoB Updated 

Dear my friends, Perhaps TLM is not a strange coin for gamers. If you only look at it on a small time frame, it has indeed fluctuated and increased in price quite a lot. But really, when I look at the weekly chart of this coin, I realize that it is still very low compared to its value. You just need to look at the volume of the previous week. Personally, I think...

DragonCaoB Updated 

Dear my friends, Yesterday I analyzed BNB's position against BTC. Today I also send to my friends an analysis of the price correlation of LTC compared to BTC. But before talking about price, please observe the volume of LTC compared to BTC. Is it gradually shrinking and waiting for a chance to break out? Now let's observe the price to find this opportunity. First...

DragonCaoB Updated 

Dear my friends, The market has too much confusing information. However, when I look at the weekly window, nothing has changed. BTC.D is retesting the support line on the weekly frame that it was previously broken. What I see is that the downtrend of BTC.D will continue and will go down quickly. On Altcoin's weekly chart, the uptrend is still unchanged. Looking at...

DragonCaoB Updated 

Dear my friends, A few weeks ago VRA broke the downtrend. Currently, the price action is doing a retest. Current support zone 0.068 and support zone 0.051. After observing more Ichimoku clouds, my personal opinion is to combine the current support area and the previous pinbar. I will enter 70% of the orders at the current price. To prevent the price from returning...

DragonCaoB Updated 

Dear my friends, QTUM has broken the downtrend and is recharging. Price is above the support zone. A cumulative set of candles with a series of wicks. The possibility of an explosion in the last days of the year is very strong. Looking at the monthly frame, this is even more evident when observing RSI. Not much to wonder about here. So I placed an order and...

DragonCaoB

Dear my friends, I took a stroll through the market and searched for some altcoins in smaller time frames, and I found one with a very nice chart. It's FRONT! This coin has experienced a significant price surge and then underwent a steep sell-off at a much faster pace than its ascent. However, looking at the 1-hour chart now, we are in a very promising position....

DragonCaoB Updated 

Dear my friends, I bought REEF once at the price range of 0.0022 and waited for a break out. But it didn't do that. I'm still holding it. And today when observing REEF, I decided to enter another order and wait for it to x3 from the current price. The reason is that it actually broke out, above the price line and also above the RSI. I'll wait and continue my DCA...

DragonCaoB Updated 

Dear my friends, With Celo, I am seeing one of the nicest buy setups appear on the weekly chart. When you look at the chart, you can see very clearly, the price on the weekly frame has just escaped the downtrend since October 25, 2021. And more specifically, last week's 2 candles formed a special Inside bar - pinbar setup to confirm the reversal and break the...

DragonCaoB Updated 

Dear my friends, The price action of SXP has broken the downtrend on the weekly timeframe. A pinbar candle has appeared to support the upward trend. The expected scenarios are $0.6, $1.1, and $1.5. The RSI is moving upward and is at 63, indicating a dominance of buyers. We need to wait for sufficient volume for a confirmed breakout. Returning to the daily...

DragonCaoB Updated 

Dear my friends, I'm looking for a coin with strong growth potential, a coin that hasn't woken up yet while the market is hot. And I found NEM, the 167th ranked coin on Coinmarketcap. If we only look at the daily or smaller timeframe charts, we can see that this coin has also responded to market fluctuations. However, looking at the weekly timeframe, it really...

DragonCaoB Updated 

Dear my friends, I am studying the Optimus chart based on Elliot wave theory. Admittedly, wave 3 can be said to be quite short. However, as you observe on the chart. Other bright waves have met the conditions of an Elliot wave. The moment we are standing at is exactly the start of wave 5. The ETH Queen has spoken, it's time for Optimus to move. I entered an order...

DragonCaoB Updated 

Dear my friends, With a pinbar on the weekly frame in November 2022. BNB's strength against BTC has been lost. The last week of 2023 I saw a reversal, with the BNB price breaking out of BTC's year-long dominance. I have a pinbar retesting the resistance area. And I wait for another check. And that happened. Now I will watch BNB regain its position. Still DCA...

DragonCaoB Updated 

Dear my friends, What is happening to us? When new money flows into the market, what is its purpose? Does your company have more money, so it can grow or will it go backwards? Do you have more money so you can comfortably spend more or do you have to tighten your belt? I look at the market and I don't analyze the charts at this stage. I just want you to understand...

DragonCaoB Updated 

Dear my friends, With the data I have from 2021. Only once did BTC price outperform ETH by 20 times. Then ETH regained its dominance. And BTC is only 11 times more than ETH. Now, we again see BTC being 20x more than ETH. Indicators and resistance also indicate that history will repeat itself again. I expect this, and we will have a mini altcoin in Q1. Then BTC...

DragonCaoB

Dear My friends, I'm always waiting for a short opportunity for CKB. And I see the opportunity has come. You look at the red line I draw between price growth and trading volume. Also, if you open the RSI indicator to compare correlation. You can also see clear divergence. Currently, BTC price is very beautiful. And those that have not yet increased will increase....

DragonCaoB Updated 

Dear my friends, A lot of altcoins are pumping. In particular, CKB has increased very strongly for 2 consecutive days. I observe volume and RSI on the 1h and 4h frames. In the short term it is clearly overbought and strongly divergent. So I will enter a short order here. TP is at levels of 0.0085 - 0.0077 - 0.007 respectively. SL: 0.0116. Hopefully I won't get...

DragonCaoB Updated 

Dear my friends, You can see a huge pinbar at the top of BIGTIME. It was over-pumped. You can see the Fibo I drew and the RSI is also very overbought. It will continue to go up to complete wave 5, but before that it will need a very deep correction along with the correction of BTC. I have set an alert in the price range 0.26 -0.3 to place a buy order for the next...