ben_walther

ben_walther

Regardless of the indicators and patterns you check, RUNE seems ready for a massive run that could quickly hit a target of 33%. Bullish Ichimoku Setup 🎎 First of all, RUNE has printed a bullish Ichimoku setup. - Yesterday, it bounced perfectly from the lower cloud support line and quickly pumped back above it. A break out above the cloud is rated as a strong...

ben_walther

As mentioned yesterday, BANANA performed relatively strongly compared to many other tokens. Most importantly, the token stayed above the important support area at 58 USD. Moreover, BANANA broke out of its (short-term) downtrend this morning and is currently confirming the outbreak. If this happens, we can add a checkmark to the first requirements for an...

ben_walther

Just a couple of days ago, we monitored ENS closely as the token was about to break its upper resistance area. A confirmation above the support would have triggered an entry. However, ENS was rejected immediately, and today, it has to battle another important trendline—this time to the downside. The trendline started in May, and ENS has never closed a daily...

ben_walther

Notcoin is delivering one of the most bearish charts at the moment. The token has already dropped more than 15% since breaking out of the triangle on Monday. However, it looks like bears are still fully in control. The current price action is very likely to end in another leg down. This scenario is also second when looking at the recent volume. While every dip...

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Floki has been performing relatively well during the latest sell-off. While flashing a couple of bearish signs (bearish Tenkan / Kijun cross, break of the upper cloud support), the token fought hard to hold support at 0.000175—so far, successful. This level has already served as support a couple of times (for example, just last week). Moreover, it also represents...

ben_walther

A few days ago, during the daily video session, I analyzed the JASMY price. I highlighted the bearish potential and how JASMY could reverse that. Obviously, the bears took over full control. Since the last analysis, JASMY's price dropped below the Ichimoku cloud, signaling further bearish potential. Moreover, the current price action could result in a bear flag....

ben_walther

After initiating a promising uptrend at the beginning of July, Chainlink (LINK) is once again facing its crucial resistance at $13. Already at the beginning of July, LINK dipped below this level after having traded above since November 2023 (except for a short dip in Jan). Based on the chart, this is one of the most essential areas for LINK. A dip below that...

ben_walther

We discussed just yesterday that Ethereum's short-term chart contains a couple of bearish signs. Unfortunately, they played out mercilessly today, and ETH broke through a couple of support areas. Let's take a look and discuss what's needed to return to the bullish path. 1 - Within a couple of hours, ETH broke three support lines. It started with the upper cloud...

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Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump. After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125. To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover,...

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Pepe has been trying to break its significant resistance at 0.000013 for almost two months. Overall, we counted seven breakout attempts, all of which were rejected immediately. Just over the last 7 days, Pepe made three attempts to break out. Given that the overall market has moved sideways recently, there is a considerable risk that Pepe won't be able to hold...

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MYRO has recently entered my "worth-to-watch" trading list. This post will explain why and how I plan to approach the trade. MYRO has delivered a strong performance over the last few days/weeks. However, as expected, the latest uptrend was rejected by the major resistance between 0.16 and 0.17. As a result, MYRO dipped ~20%. On the bright side, MYRO printed a...

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CVX was hyped massively when it pumped like crazy one month ago. However, it equalized the entire pump just a couple of days later. Yesterday, we saw another big green candle. Immediately, you found tons of moon posts. With this post, I want to provide an unbiased picture about CVX and answer the questions about why I won't take trades on higher timeframes...

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So far, BANANA has performed almost exactly as we predicted two days ago. As expected, the token bounced off the ~55 area. Moreover, it initiated a nice recovery back to the level of $65. At this point, BANANA faces a horizontal and (short-term) downtrend resistance. Unsurprisingly, the first attempt to jump above 65 was rejected. Nevertheless, the volume has...

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NOT recently broke out to the bottom of the triangle and invalidated all bullish hopes. Fortunately, the token found support at 0.014. However, there's still a massive risk of further downside potential. So, here's why NOT might be doomed to revisit the 0.01 level. 1—The breakout happened after several unsuccessful attempts to climb above the resistance. This...

ben_walther

NOT recently broke out to the bottom of the triangle and invalidated all bullish hopes. Fortunately, the token found support at 0.014. However, there's still a massive risk of further downside potential. So, here's why NOT might be doomed to revisit the 0.01 level. 1—The breakout happened after several unsuccessful attempts to climb above the resistance. This...

ben_walther

Ethereum Name Service delivered an exceptional performance yesterday and pumped ~15%. Even better, it (slightly) closed above the crucial resistance. All that happened while the overall market moved lower. If you follow my content, you know that we've been waiting for ENS to break above this level, activating a potential 30% run. However, today, you can watch...

ben_walther

Just a couple of minutes ago, 1INCH flashed a bullish Bollinger Bands signal on the 4H chart. However, despite the signal's solid reliability when it comes to smaller gains, 1INCH looks poised for a stronger downtrend. Here's why 👇 1 — 1INCH chart looks extremely bearish with two tops at 0.43 that were rejected both. Especially the M-shape is a formation you...

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JASMY Update — Why Jasmy Faces A Bearish Outlook, 0.027 Must Hold, And How It Can Flip Bullish! In this post, we examine JASMY using the Ichimoku system. We discuss crucial areas, the challenges JASMY faces, and what needs to happen for it to continue being bullish. Let's get into it! 1️⃣ Just recently, JASMY flashed a bearish Tenkan/Kijun crossover (1). Such a...