SNOGY

SNOGY Updated 

Prior cup-handle possibility observed did not pan out. Project still seems to be executing, exchange listings and DEX liquidity continue to support it. ETH run up agains BTC has taken market interest away from apps on ETH and put it to ETH, so there is still some downward potential but the closer we get to 0 the less likely it becomes. There are two ways to go...

SNOGY

Previously I had similar idea - linked in related ideas in which I had proposed exit and buy back target, the 30% chance that the bull market can continue is now 10% after the bounce to the top happened again for an ATH. In this model: *Dates are updated, *the narrowing price channel is updated *fibonacci retracements are shown instead of fibonacci extensions....

SNOGY Updated 

Interlocking levels of magnification in sequence BLACK (longest term view) - RED (long term view) - ORANGE (short term view) - GREEN (shortest term view) If the bull market were to continue it will likely take the form of black wave. That means we are in leg 4 of the black wave that needs to ends before the last leg up begins. This means that - from the bottom...

SNOGY

Currently AVAX at coinmarketcap #11 ranking. Ahead of it are BTC, ETH, Stablecoins- most likely will stay ahead in the foreseeable future. Of the Doge, Binance, Solana, Cardano, Polkadot grouping - Likely, 2 of these 5 will fail. AVAX will likely outperform 2 of the remaining 3. Avax has so much traction, great leadership, and technically contains built-in...

SNOGY

Super-simple channel view - review fundamentals to assess your long-term bet and possibility of breaking beyond the channel lines

SNOGY

The price target of about 9-18k may still be valid, however the time between the top of the bull and bottom of a bear seems to have been decreasing. This makes from a physics intuition in that a wave that reduces in amplitude would carry a higher frequency and the distance between each top or bottom, may be reduced in the same medium. Human-scale interpretation,...

SNOGY

Now, if you agree to call the cows home, what is a good way to do that? Well, if you have not been taking enough exits on the way up, like me mr. laser eyes expecting a 96-200k per pop here is what to do. In general you could plan to exit 10-15% of portfolio at the following ranges and buy back, not in the next one but the one/two after. 51.3k (49-52.5) 47.3k...

SNOGY

Will provide further analysis of likely turning points on the way down to 'trampoline' exits but eventually one should live by the principle of "don't sell crypto without the buy order at lower price". Be mindful that the top of the channel was not reached and so the bottom may not be achieved as well, so begin placing the buy orders at 11750 or 12k don't or...

SNOGY

Putting beginning (1) Nov 13 and end (2) Aug 15 of bear run (of 21 months) gives us key reversal points for the bull run that follows: .236 (441.70) .382 (573.08) .500 (679.22) .618 (785.36) .786 (936.47) 1.00 (1128.96) 1.272(1373.62) 1.618(1684.84) 2.000(2028.38) 3.000(2927) 3.618(3483.80) 4.764(4514.60) Major corrections happened with retracing from .5...

SNOGY

Daily chart shows break out from a descending triangle. The water is off the well and will likely recover to earlier highs. Not only does this seem likely given the fundamental developments, this level will signal a further move up through Elliott wave pattern. Lower, 3d chart takes the first Elliott wave as the first leg of a bigger Elliot wave. The 5th stop of...

SNOGY

The project has advertised it is contemplating moving to Binance Smart Chain. Given CoTrader activities such as subscribing to portfolio, redeeming funds for as well as the head trader activities such as trading, depositing to yield generation opportunities implicates heavy gas cost the BSC support will enable smaller DeFi participants to also benefit from the...

SNOGY

upward trend has been confirmed. Correlation to BTC has dropped from .9 to .65 Expect volatility with eth 2.0 launch, mishap FUD and good news euphoria Remember to observe bounce areas

SNOGY

Least sophisticated prediction I have ever made, so much that we could call it a 'musing'.

SNOGY

Fundamentals are in place: daily active wallets, total value locked, number of developers, ETH based applications, steady value locked increase towards ETH 2.0 Before the bear cycle starts in July-Sept range things look very favorably. There is a point that the weak and strong support lines intersect 980-1100, seems like it will be visited, and will be extremely...

SNOGY

Descending resistance broken, large Fibonacci retracement, and sizable volume and liquidity depth indicative of market interest. Remember earning is better than buying. ^^

SNOGY

closing above .0000775 could indicate a continuation of an upward move. The trend in the backdrop is that when BTC does not keep making ATHs, notable alts continue to gain. .000075 to open long with .000065 as stop loss and .000093 take-profit seems a first good move, expect further movements in the fib levels. Bold green indicates descending support...

SNOGY

31800-32600 as good exit ranges as price moves up after supply wave, moving to the middle of Bollinger band shown in top right you may also wait to be rejected again from resistance above (indicated in solid red line for higher exits) Confirmation of downward move is when the light support line is broken ~29900 (indicated in the thinnest green line) Expect bounce...

SNOGY

Straight lines point out trends- dashed lines point up support resistance lines. could go a small amount lower but more upside potential to major resistance range (indicated in red lines above) Also note the fundamentals: BTC dominance is very high, a small portion of newcomers but a disproportionate $ amount will be moving to Alts relative to their market cap,...