LoneWolf1425

LoneWolf1425

Bitcoin Dominance - In the 2021 top, BTC.D put in its top just before BTC put in its top. Altcoins were rising as BTC.D was topping, and then altcoins got their crazy parabolic tops as BTC.D was having its first initial drop from its cycle top. Dominance topped just before BTC went to 42K, and had its first 30% correction post covid-crash, which was JUST before it...

LoneWolf1425

My apologies on getting ahead of myself on the first post for PNUT. The 51 cent S/R flipped as resistance, and now we are very close to another area of interest. We are getting close to the bottom of the big channel again, and also the .618 pocket for PNUT. This ranges from about 31 cents to 35 cents. Even right now at .37-.38 cents may be a good buy. This...

LoneWolf1425

My apologies, as I am late posting this, but SEI does look like one of the better new-ish layer 1 opportunities currently. The .33 level was an area of interest for me, as it was right at the bottom of this falling wedge that we are in, it is the .618 from its most recent big advance, and it is also the area where it launched its self from after retracing for...

LoneWolf1425 Updated 

Peanut the squirrel got pushed back into its downtrend while trying to break it recently. However, it seems to have found support again at about .51 cents. I think that it is a probably a good time to buy while it sits on this support. Currently we are around .53-.54 cents. Our first obstacle is re-taking .74 cents. I personally think that Peanut can hit...

LoneWolf1425

Magic Eden looks to have carved out a double bottom around the $2.30-2.40 area. It is also in a very large falling wedge. We appear to be breaking out from the downtrend of that falling wedge as we speak. We need to establish support above the demand zone S/R of $3.26. From there we would need to attack the $4.00-$5.00 area and establish it as support....

LoneWolf1425 Updated 

BTC has formed a shooting star close on the monthly chart, and also has a head and shoulders showing up on many time frames (1D, 2D,etc.) It is having a hard time breaking into the 99K + resistance area. I have an adaptive short trade here. Blue Box entry, blue box - 96,500 - 99K Stop loss just above 100K Red Box Entry, if price goes into the red box...

LoneWolf1425 Updated 

Howdy everyone! SUI has been on a tear! Well, I think that BTC is showing a nice sized reversal before the final parabolic phase of this bull market. I also think that SUI has hit an area of interest, and it is way overbought. I think that shorting as close to the current 4.236 of this fib sequence at $5.26 is ideal. Entry - As close to $5.26 as possible....

LoneWolf1425 Updated 

This is a quick idea attached to a couple of other FET trades that I have posted. I have a FET short trade still going, where 1 take profit area was met already, and the second take profit area is from .90-.63. I think that there is a good probability to take out the 1.05 support on FET as it stands now, and we may just visit that second take profit zone of...

LoneWolf1425 Updated 

Filecoin may be forming a giant inverse head and shoulders/triple bottom. This is granted that we don't bust through the low 2.00ish area and get price discovery to the downside. I would be buying as low as the low 2.00 area, and as high as 5.00-6.40. Unfortunately, I don't think that this market cycle is going to be as strong as the others, so we may only see...

LoneWolf1425 Updated 

FET has hit a 6.85 just as it did in its last market cycle top. I think that from here there is a chance that it dumps down to the 2.618 area as an initial dump. This is approximately around $1.22. Once this initial dump takes place, it will likely do a nice bounce back upwards, which typically sets up another dump/short opportunity. This bounce will probably...

LoneWolf1425 Updated 

Howdy everyone! This is a follow-up to my FET short trade idea. That short trade idea had two take profit areas within it, 1 of which we have already hit at approx. 1.42-1.20. The second take profit zone was just below at approx .90-.63. I think that we might be finding support in this current area, and the second short trade take profit area may not get hit...

LoneWolf1425 Updated 

Fil may actually play out another leg of its correction before heading to the next upper targets. We could potentially see an opportunity to buy around $6.40 - $7.50.

LoneWolf1425 Updated 

I think that the top is likely in for this half of the bull run, and if it isn't, there won't be much more upside trajectory before an intermediate reversal. Just as we did in 2015/2016 and 2019/2020 - we are getting rejected from the macro .618/.65 fib golden pocket. The question here is if we get a retracement that mimics 2015/2016, or do we do something more...

LoneWolf1425 Updated 

Fil looks to have built a nice base above the $8.30-8.40ish S/R. I think that it will continue to work the fibs and climb to around 20-24 dollars. There I think it will hit a correction to the low to mid 14 dollar area and then build support on the 17.40ish area once the correction is finished. This is a continuation of an earlier trade idea that I'd posted.

LoneWolf1425 Updated 

The measured move from the descending triangle has already played out for Jasmy - and it is surpassing that move. There is a set of fib extensions based upon the bearish breakout from the descending triangle - they are in yellow. They seem to be getting followed by price action. The 4.236 of that sequence is setting around 0.00289. There is also some fib...

LoneWolf1425

If FET is to continue bullish from here - the next target that I am seeing is $4.52. Beyond that...$7.28. This coin has had a ridiculous run!

LoneWolf1425

Fil is now currently trying to build support on top of the 8.40ish-9.30ish critical support area. This is on top of the large accumulation area that it has faced for its market cycle bottom. We hit a 1.618, and corrected down to a .786. Now I expect us to take a shot at the 4.236, which is around $20.00. I think that we get rejected there, face a small...

LoneWolf1425

I think that BTC will likely make a stop around 85k next, where that is where we will see the 30% or so correction - we will come back to the area where we are now at approximately 59k-67k. Then we will take a trip up to 120-122k as the actual market top. This is based on fibonacci numbers, as BTC price action seems to be following this sequence currently.