BINANCE:YFIUSDT yfi is primed for a big move in this market.. ATH of close to 100k with a Daily and Weekly chart that have been building. - We should run back to $11800-12k if we can break out of this $9800 level resistance - Daily chart is tight and we’ve had some significant volatility the last few days which have shaken out the market and allowed some...
BINANCE:ICPUSDT looks clean here, really tight on the 4h chart. I like it for a quick swing as we keep beating up against this resistance level. it has failed here often though so be careful. Entry:$13.16 SL: below EMA supports
$0.635 resistance level for LSE:ADA is HUGE.... we've failed here 7+ times over the last 80+ days. Once LSE:ADA can close above/rip through this resistance we should see $0.77 quickly. WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot...
On higher time frames GATEIO:FLOKIUSDT looks like it is priming for a big move Weekly: in December we ran to 4000 and then pulled back, last two weeks have discovered a "higher low" and look the be setting up to take 4000+ Daily: Have a nice flag that looks to be breaking the 3440 resistance level. Had a pullback Feb 17th that held, printed a hammer candle...
BINANCE:DOGEUSDT CRYPTOCAP:DOGE looks primed for a run on all time frames. $0.082-0.083 has been a strong resistance level with multiple rejections since January 2024. Closing above this level on the 4h/D charts imo should usher in $0.085-$0.090 quickly, and then $0.10. Price has been rejected hard at this level, so trying to scale in to position. I am long at...
Disney looking to break out of its daily bull flag. The $100 resistance has been rejected for the previous 5 days. If today DIS can close above $100 I believe we can see a move back to $107. I have opened some DIS 4/23 104 Calls as well as longing DIS on gains network (polygon). My stop loss will be roughly 97.5 with PT of 107 with scale out's along the way.
I have been trading Multi off and on for a month or so. I entered a short position on March 20th and added to the position today. Volume here is quite low. $MULTI could continue to hit lower lows and reverse a trend back towards the $5-$7 range. I am playing this as a swing trade based on my overall outlook on crypto market.
I have opened a short position on $GMT, this is a swing short positon. Much of GMT's tokens have been locked up, currently 83.79% of the token supply is locked and not in circulation. However, these tokens are subject to a linear unlock that began March 1st, 2023. The distribution is currently as follows: My avg entry as of right now is $0.433. I am looking to...
BINANCEUS:HNTUSD has strong fundamentals and news that continues to shine even during the recent pullback. If today’s Daily candle can close over the 23.6 fib extension then we could see nice price action back to $40 plus range. If you haven’t purchased any $HNT yet I highly recommend looking into their project. Continue to monitor $HNT as they keep releasing new...
BINANCE:CAKEUSDT I've been holding a small bag of $CAKE on pancake swap while it has been consolidating. It looks like it might finally be following in $BNB's footsteps. BNB has been soaring the past few weeks and it may finally be time for it's dAPPs to follow suit. I am adding more CAKE to my pancake swap bag to gain the extra 70% APY while this swing trade...
BINANCE:ADAUSDT If Cardano can break and close over $2.12 range on the daily we might finally get the breakout we’ve been waiting on. ADA cycles massive breakouts with weeks of consolidation. Looking also at the weekly chart it might still be a little too early. I have started opening swing positions at $2. The $2.12 level area serves as the confluence of EMA...
AMD has had an explosive bullish move out of its flag pattern that it developed. It is sitting right under a big resistance lvl at $85.40. We had some conosolidation this past friday after that massive Daily candle. Let's see if we can break above the $85.40 lvl which would open up a move to $88-90. Keep an eye on SPY/QQQ this week to see if the market conditions...
Zoom has a huge falling wedge pattern here and could finally be on the bring of breaking out! Keep an eye on it. I will be looking to enter some $380 or $400 Call swings when the pattern looks to be breaking out. Conversely if we break down puts would be a great play under $325. *typo white arrow is pointing to a LVN (white box), price action tends to move...
Keeping BTC on watch to see if we fall back into our flag pattern or rally over the 50 EMA band!
$ BTC daily chart take here. Descending triangle pattern forming, failed to breakdown 4x already and getting close to decision time. Today is a big day for $BTC as it will determine whether the weekly candlestick closes above the 50ema. If we can hold above the EMA I am more inclined for a bounce/rally in the crypto market. The daily chart has a big HVN at the...
$ ADA heading right back into strong resistance zone here around $1.85. If the market can hold up (BTC, ETH) then ADA can see $2.00 quickly. Watch to see how it acts at these resistance levels. BTC testing some prominent trendlines currently, if it can break through then ADA should move easily.
BTC in a pivotal position here. Let's see if we continue higher or fall back to low 30's.
DOGE has printed a nice falling wedge pattern on the daily chart. With the recent tweets from Elon and some positive crypto sentiment (bitcoin mining council) I think another rally is possible if crypto follows through. Looking for a move back to 0.50+. There is lots of local resistance in the way through 0.41 from EMA bands as well as the edge of a HVN. Look to...