OatSuk

OatSuk

This is a 55 EMA + Trendline shorting setup that I am looking forward to in term of swing trading at 4H. I am thinking that the price will test the previous low one time more. However due to possible RSI divergence at 1D, if it does not reach the TP but correct shallower I will set my SL at breakeven or close my short once the trendline is broken. Then looking for...

OatSuk

Personally, I think the bull run has started and the Low of the cycle has been made for the whole industry. I hope you accumulated all the stuffs since the beginning of the year!

OatSuk

According to RSI, MACD, and Trendline breaking, I believe we are going for a rebound and the price just formed a triple bottom at the significant support. I also think the down trend has finished the 5th wave already as there are Div in RSI and MACD. This setup is 2:1 R:R which is a great entry. There is no reason not to enter this trade.

OatSuk

These are Weekly and Daily chart. 200 EMA in the Weekly chart is an important one. If it is able to close above and lets faster EMAs cross over confirmation, we will have a definite bull run on LTC. Interestingly, Daily chart does sustain a bullish momentum as the faster EMAs keep sustaining above the 200 EMA and the price have been rejected and upheld for a while...

OatSuk

This is an update from the previous BTC/USDT analysis. I believe we are currently "sideway down" into the channel accompanied by a MACD's Divergence. Anyways, I expect the same support to hold that is 24k-25k where 200 Days EMA lies + 0.38 Fib level. BTC needs to break above the channel to continue.

OatSuk

I think BTC is now on the way to 2nd wave Correction. This swing may take a while and I guess it is testing the support soon.

OatSuk Updated 

GRT or the Graph is going to breakout soon. Now, it is squeezing in between the diagonal trendline and the 200 EMA support in daily chart. I personally think the trend has already changed as the recent furious breakout just retraced and 200 EMA support is holding it in an obvious way. This is a good spot to go for long and the R:R is pretty good. This is a text...

OatSuk

For March's CPI, it is a great number but you may get a very confusing price reaction: spike up and went down again. I believe this has a positive effect on BTC but not enough to cause it to explode yet. It works in a way that BTC will hold around 28k - 30k. If you want to know more about how I think of the relationship between BTC and CPI+M2 please read...

OatSuk

This is a 3:1 setup. I think CHZ will explode soon after it was leading the market. Moreover, if you discern it in terms of a pattern, it resemblance the structure of MATIC before it was exploded. However, if you are able to enter at a lower price, I would suggest you to have a SL at the swing low. The target is the 0.618 FIB retrace of the previous swing which...

OatSuk

For XRP, it has a tendency of breaking out of this diagonal trendline after it broke the retracement channel in Daily Chart . However, you need to be aware that this may be a false breakout. The bet on this is that you believe that it will eventually break above this trendline in order to test the upper channel or even the historical resistance. For this you can...

OatSuk

For Swing trader, I believe this is a very nice setup for you. It is bullish on every mid-long timeframe in this near term. Daily chart has been cleared and I am eyeing for the 200EMA of 2D chart which is in confluence with previous Resistance. Not only these 2 indications but there are a lot of other confluence as well that the resistance is a legit target, e.g....

OatSuk

From the last publication, this is the example of how to use it in 1H of which I use the same set. This is a possible swing position that is playable if you consider the R:R. Entry: I entered in between the overlapped Fibs of the small degree swing. Actually at 16k is the best bet where overlapping 0.68 lie. Target: 1. I am looking for 17.7k (0.38 level) which...

OatSuk

This is just an idea on how should we use "Auto Fibonacci", or at least for me, with out Elliotwave. This is more of a curiosity and I find that the combination of Fibos is pretty making senses. The concept of this auto fib is that the Pivot STD is the representation of a swing's magnitude. Thus we set it roughly in intervals and of course you will if the sweet...

OatSuk

Fundamental aspect: Due to the fall of FTX, there will be a lot of aftershock. Let's alone the unrevealed FTX investment that is circulating around the whole industry. You may see that lots of money were withdrawn from Solana's and NEAR's DeFi for instances. Regulators will become more harsh on the industry. Binance will get inspected "for sure" and even more...

OatSuk Updated 

This is a LOG chart which I adapt some idea of Angle,Velocity, and Cycle inspired by a bit of Gann. This means it is a just a very rough approximation. I do this just for fun and testing. However, what we have learn from this is that BTC is waning in velocity between each cycle. Thus, we see a lesser angle between approx. cycle low. The next possible...

OatSuk

This is a very good indication of market bottom. We can see that the selling pressure has been waning a lot during the sideway period of the past couple of months as you may see in RSI. Now, it is breaking the trendline both in Weekly and Daily Chart. I see a very high potential of an upswing to test the 31K in near months. Of course, it will drag all of the ALTs...

OatSuk

MATIC is one of the best performing token lately after the crash. Now for short term trading, it is breaking to the upside after the sideway down. This is a good indication as the market decide to go up instead of continuing downward - in that case it means trader did not decide to participate in it. This means traders are interesting it it now

OatSuk

I think LINK is another coin that is now forming a base. I like the way it sideways out of the trendline. LINK has a very strong adoption as it is one of the biggest infrastructural service provider - an oracle. Recently, it was invited to be a project partner for sth link CBDC as well. That means the authorities have a friendly view toward it. Personally, I find...