DewyCandles

DewyCandles

I really expect OKX:BLURUSDT to spike from here. Afterall this is a result of the previous analysis (see below for previous analysis) as I called for this current price and now that it has happened, I believe it should take a huge turn. It is a very nice risk reward if this scenario is right. The invalidation level right at $0.1519 (red dotted line) PREVIOUS...

DewyCandles Updated 

This will be the second scenario for $AZEROUSDT. on the previous scenario we see some double digit increase followed by this fall. If ALEPH crosses down the previous swing high then it is possible that it will be going to take all the liquidity below and that gives us the opportunity to DCA in at the one to one 1:1 level $0.3315 which is at the 60-90% Fibonacci...

DewyCandles

If this scenario is valid price should hit the invalidation level at $0.4323 OTHER ANALYSIS BINANCE:CAKEUSDT BINANCE:EGLDUSDT BINANCE:ADAUSDT BINANCE:ACAUSDT BINANCE:MANAUSDT

DewyCandles Updated 

This scenario is very similar to scenario one and I must admit it makes slight sense that scenario 1 and 2 (see below for previous analysis) because it will liquidate or trigger stop losses of early bears in scenario 1 and 2 plus the previous wave 1-5-green matches all criteria for a leading diagonal which gives assurance that we will see some more upside for...

DewyCandles

Posted this earlier in the premium channel for the VIP and it is already doing profits. Nothing much, chart is self explanatory. The invalidation level was stated on the premium channel. BINANCE:ENSUSDT OTHER ANALYSIS BINANCE:CAKEUSDT BINANCE:EGLDUSDT BINANCE:ADAUSDT BINANCE:ACAUSDT BINANCE:MANAUSDT

DewyCandles Updated 

This is a critical point for $arbusdt. First is to re-affirm that we are still bearish that is why we are still holding our SHORT position which we used to hedge our spot position. But also, we need to acknowledge at this point that there is one other scenario but it is irrelevant and insignificant there we will keep at this. On the 1st DCA, it is possible that...

DewyCandles Updated 

From psychological point of view - price was going high and they was successful convincing literally everyone that it will continue to go up then all of a sudden they nuke on their euphoria, then those who are a little bit brave to take the short of it are being targeted along the ones who are seeing this a bull run continuation so they take in both ways and...

DewyCandles

You need to see what this looks like on the weekly & monthly chart - a clean classical Head & Shoulder pattern unfolding and about to end. The thing is a lot are looking for perfect entry but that is a gravy mistake and often time they get sidelined, especially in this imminent bull run. The best way have always been to DCA and never go all in at once. The...

DewyCandles Updated 

Obviously price reversed halfway on us and now it is about to hit the stop loss but the remember the setup below on previous analysis. Now that we didn't reach target for that long this clearly gives a sign that we are in some kind of wave C-orange of wave 2 or 4-yellow and to avoid unnecessary loss the stop loss will be removed and DCAed within the orange box...

DewyCandles Updated 

This project BINANCE:ACAUSDT lacks awareness hence the sluggishness but it has potential. Right now the next accumulation is at the 60-79% Fibonacci level and this is the new norms since the previous move 12345-orange is a Leading Diagonal and one thing about Diagonal is that it is mostly followed by a deep retracement - we will be consolidation here for quite...

DewyCandles

Do you know that if this plays out for BINANCE:ACAUSDT , just the potential wave 3 alone is a thousand reward? that is X10. Key factor to look out for are; i. ACALA is currently at oversold region on the relative strength index ii. Price touching the trendline support I don't have solid fundamentals on this. If you're good at fundamental analysis (not...

DewyCandles

I have other scenario but this is more appealing. Truth is, even though I predicted all this fall and blood bathe we are seeing on ALTS, it is scary now that it has happen and the little doubt creeps in but I am going to hold my conviction till proven otherwise. One I still believe in is BINANCE:MANAUSDT and the perfect time is now. The invalidation level is...

DewyCandles Updated 

BINANCE:ATOMUSDT should be doing this if it really have intention of joining the bull run. It is quite close to the invalidation level but the risk reward is insane almost 90. More update to come stay tuned. BINANCE:PEPEUSDT is at the level i called so is many alts. We saw this coming billions have been liquidated. OTHER ANALYSIS

DewyCandles Updated 

Quick one yeah, you might want to start buying BINANCE:ADAUSDT now assuming this is the end of the wave Y-green of wave 4-orange or wait a bit for price to create another leg to $0.3622 which will bring us to the second scenario that the previous high, wave X-green is our wave 5-orange instead. If the later is correct then we ill definitely see price retrace...

DewyCandles Updated 

This is the BINANCE:ADAUSDT update for our daily timeframe (see chart below for context) I strongly believe there is just one last leg down from $0.400 - 0.3550. From there will be an aggressive buying I have a limit order in that region adding to my initial position. Also, from the daily timeframe we seems to have a support the which price has been...

DewyCandles Updated 

This is the macro view of the daily timeframe analysis I have already aped in BINANCE:ADAUSDT and already set a limit order below to DCA around the 60 - 80% Fib (see daily timeframe for context). This whole idea is invalidated one price retrace 100% from the last low created on the 10th of June 2023 which serves as the stop order. If average entry be $0.45, ...

DewyCandles Updated 

For this scenario, price could be touching the $0.6 region to complete a wave 4-yellow of an Expanding Leading Diagonal or wave B of an ABC correction. That region is another good area to DCA for the ALT SEASON accumulation. See scenario one for context. OTHER ANALYSIS

DewyCandles Updated 

As price becomes clearer so we present. The move up from the last swing low (wave 2-yellow) looks impulsive rather than being corrective hence why draw the path line and predict price to go higher $0.078 and price must not return to the invalidation level before that high ($0.078) is created. One good thing about this primary scenario is that it is extremely...