Shwayze

Shwayze

A quick update: I wanted to show everyone that the recent decline is rather normal, as we have still yet to hit the 50% or 61.8% fibonacci levels. What sticks out here, is 3.2 cents, and 2,8 cents. If we move the retrace up, to start from a higher value, we still have the 3.2 cents area as our 61.8% value, and the 3.45 level as our 50%. So we should drop down...

Shwayze

BAKE just formed a long term cup and handle, and broke out above the lid. The hype has caught on BSC Farms, and Bake is a benefactor. Target 1, Equidistant to the depth of the cup: .0118 Target 2, Fibonacci extension to a hyped market: .0136

Shwayze

Well, things are certainly interesting now! This chart is long, because the overall sentiment is long. I will simply assume a correction, and will call where I believe the buy-ins would be best. Bitcoin rallied past the $50,000 mark, confusing everyone! So what now? We have made it pretty far up, and sticking to round number theory - I believe we should be...

Shwayze

Reef has had a solid couple weeks, being down as low as .006, with a bull run hitting over .055. After the 900% run, Reef starts to correct, as well as the entire Alt Market - as Bitcoin surges to a new high. This seems pretty normal here. FUD: A Reddit user has created a popular post today, titled 'Reef Finance Flags, be careful'. This user has over 8000...

Shwayze

REN has a pretty big set up of a bearish divergence as seen on the 3H chart, we are keeping watch for a pivot point, which may be indicated by the last candlestick that went to the high, and was rejected. It was a strong rejection, the wick is long. If we do end up retracing, we can shoot for these 3 main zones.

Shwayze Updated 

If you happened to be one of the very few people that caught the chart since early GRT, many people have said GRT would not make it over $1. It might have been 1 person, I forget. But either way, I bet it is on your radar now. GRT has a consolidation happening after last big move, of GRT/BTC. The goal here is to end up with more Bitcoin, and we are shooting...

Shwayze

NU looks primed to jump up over $1. We had a move up to about $0.90, and a 50% Retrace (using fib retrace tool) - and a bounce off that line. So we have the Fib extension at $1.08 $1.29, $1.80

Shwayze

LINA / USD is looking pretty bullish out the gate. Its currently in farming mode on Pancakeswap, and I assume binance. But we should see some big moves out of it here soon. If this does end up retracing down to the 50% or 61.8% retrace, and gets a good bounce, then look out! See if you can decipher this: A Cross-chain Decentralized Delta-One Asset Protocol...

Shwayze

Pancakeswap.finance is doing pretty well, as CAKE has more than doubled over the last couple weeks. We are reaching levels from prior, and looks like at this pace they will be surpassed quickly. If you are farming LP tokens, you might want to rethink your strategy. Currently, 1BNB = 21 CAKE. About a week ago, 1 BNB = 23.8 CAKE. This may continue to lose, as...

Shwayze Updated 

Bullish setup since inception for NU First, highs remain around same area, and lows are getting higher and higher, as we progress forward, so we would have an ascending triangle formation if we cared to draw. NU finally climbing to previous highs, which could be around $0.28, $0.35 - $0.42 - any one of these points may trigger a handle formation. at which...

Shwayze Updated 

REEF Finance is a coin that has explosive growth potential. 1) This is THE FIRST Decentralized Exchange (DEX) that is finally 'cross-chain', which means it allows you to visit just like you would on Uniswap, or Honeyswap, or 1inch etc, but this time - you will be able to buy coins from all the different chains! Binance Smart Chain, Ethereum, Polkadot Network,...

Shwayze

UVXY has seen a big spike today of over 30%. With a lot going on in the market which we all know should be fundamentally lower, its time to see a correction. UVXY has trended downwards in a falling wedge, normally breakout pattern is upwards, and fast. UVXY has the following bullish indicators: 1) Golden Cross: The MA50 (50 day moving average - blue line)...

Shwayze Updated 

Swissborg has been doing pretty well this year, when it spikes it is quick. We are now seeing some consolidation and it is flattening out, just as it did right before spiking last time. The triangle pattern is an ascending triangle, the highs are getting stuffed consistently at the same level, and the lows are getting higher and higher. This type of pattern has...

Shwayze

Bitcoin Dominance has been struggling to stay above 70, as the Altcoins have started taking over. BTC.D is in the middle of what could become a Head and Shoulders Pattern, with the Support and Resistance forming a symmetrical triangle pattern. What this means? Jan - February: We should see BTC.D reverse from here, to form the last shoulder, meaning BTC...

Shwayze Updated 

I have been following ALPHA since it was about .11 or a little under, and noticed it was very bullish, the same pattern I saw in INJ (injective Protocol), I am a huge fan of INJ because it is used in almost every scenario in the future of a lot of our current tokens. I say the same thing about Open Graph (GRT). However, INJ simply hit a brick wall and is now...

Shwayze Updated 

GRT the graph showing a potential Reverse Head and Shoulders Pattern forming on 1H chart. Explosive Volume. We will see where it goes. Up hopefully.

Shwayze

Ethereum went up very quickly, and did not spend too much time consolidating. In fact Alts KILLED it today. IF you had followed my previous posts, to sell BTC into Alts, you would be doubling your BTC with a few of them! Nice thought huh? Anyways, I can see ETH, MKR, etc headin downwards here at any point, and the Tether vs SEC thing about to be called out. I...

Shwayze

How long could a bullrun around 80 degrees be sustainable? On the 1W chart, we see a bull run of almost 90 degrees! The answer is, not long. We have missed many bearish opportunities lately, including the last bearish rising wedge pattern that Bitcoin broke out of. A correction must happen in order for a healthy bullish pattern to be established. ...