Stoic-Trader

Stoic-Trader

This is the type of trade which I take without thinking twice. Bottom with bullish RSI divergence Higher high without divergence Impulsive pattern to the upside, corrective pattern to the downside Low risk, high reward You can enter half or 1/3 position here and wait and see, if the SL is hit, makes little impact.

Stoic-Trader

HOT is looking interesting for another leg up, with bullish RSI divergence on the lows, and no divergence on the higher high (1 or A). For long trades, I see an aggressive and a conservative stop loss level, depending on your trading style. Targets can be placed on resistance levels along the way, shown in yellow.

Stoic-Trader

1INCH is giving us an impulsive wave count which is valid as long as we stay above 0.3204 (wave 1 high). A break of the green descending trendline without invalidating the count, is a bullish trigger. First target for wave 5 is 0.6500.

Stoic-Trader

I have taken a long trade expecting a new leg up for this pair. Based on bullish RSI divergence on the recent low + impulsive wave (1 or A) + lack of divergence on the recent high. Targets, stop loss and partial profit targets are on the chart.

Stoic-Trader

The correction which began last October is currently in black wave B. My expectation is that the uptrend will continue in the next days. If there is a fake breakout above gray resistance, I believe we will have a good short opportunity.

Stoic-Trader Updated 

In the daily timeframe, WLD is printing an impulsive wave to the downside. My primary count considers we are in green IV of blue V. Therefore, I expect a new lower low under the red line (1.937), and then an upside movement initially targeting purple line resistance (2.791).

Stoic-Trader

In a longer term view, the solid run of the dollar could begin facing hurdles soon. I am considering this to be wave C, which would lead us to a reversal pretty soon.

Stoic-Trader

This token had a nice rise over the last 6 months, but technicals are not looking good right now. We have: - Ending diagonal pattern for blue 5 / black 5 / gray 3. - Bearish RSI divergence I don't see SUI as a good opportunity right now (unless you are a holder), and I'll wait for a corrective pattern (gray 4) before looking for new long trades.

Stoic-Trader

After a 500+% pump, IOTA made a solid correction down to 61.8% pullback, which is acting as some sort of support. My primary count considers black C / gray 2 is over. But... to have a higher confidence that the uptrend has resumed, I'd prefer to see a break of the purple level at 0.4495.

Stoic-Trader

▶️ The ascending channel gave us an ending diagonal with bearish RSI divergence. ▶️ The break of the bottom trendline is a strong indication that the downside will persist. ▶️ Most obvious initial target is the closing of the gap at 296.34.

Stoic-Trader

Expecting TON to find resistance in the 5.45 to 5.50 zone for another leg down, completing green V. This zone is a confluence of 50-61.8% pullback and resistance from lat December lows.

Stoic-Trader

XRP Triangle Ripple has been in a symmetrical triangle since early December, which gives us a slight bias for upside continuation. Lower prices (wave E) will be interesting to look for long trades.

Stoic-Trader

After a beautiful pump, ZEN is now correcting, together with the whole crypto market. We have already reached typical correction levels (50-61.8% pullback), so I'll be keeping an eye on reversal patterns for long trades. There a support level in the green zone, around 18-19, which could serve as the platform for a new uptrend.

Stoic-Trader

A Bear Flag has formed and it seems that it will soon be broken to the downside. A correction to the gray resistance zone will be an opportunity for short trades. This view is supported by: Lack of bullish RSI divergence on the December low Bearish RSI divergence on the January High Impulsive move to the downside on the last couple of days.

Stoic-Trader

▶️ I view the upward movement starting in August as a leading diagonal. ▶️ This suggests a new ABC pattern upwards for black 5. ▶️ Note that Black 4 might still be ongoing, potentially leading to another drop to test the bottom ascending trendline.

Stoic-Trader

▶️ I am biased towards further downside price action. ▶️ Drop from early December has an impulsive look. ▶️ Upside movement is forming a corrective bear flag. ▶️ There is no RSI divergence in the recent low. ▶️ Therefore, the higher probability is for a new leg down retesting 0.1462 low.

Stoic-Trader

I believe Netflix still has upside potential. Wave Analysis: We are nearing the end of the current correction (green c / blue 4), which should lead to the next upward movement (blue 5 / black 3).

Stoic-Trader

Black 4 from my previous analysis seems to be complete. Blue 1 should be wrapping up soon. Blue 2 is a buying opportunity targeting recent highs.