SUSHI did a huge move last week and took a week for correction. Now the bullish flag is broken and SUSHI will have a next leg up, in my opinion. Trade setup is in chart with proposed target and stop-loss. Check also my long-term view for this crypto in the link below.
BTC had risen from $28000 to $36000 in just two weeks, equivalent to a gain of 30%, making october once again "Uptober". However, the correction has just started because we are facing a key-level, the Fib 0.5 (see screenshot below) With the latest moves of BTC since a week, my hypothesis is that BTC is in a re-accumulation period which can last for some weeks...
Hi all, I continue with my long-term plans preparing the next bullrun. In the list, I'll add ETH. No need to introduce more about ETH, the second largest crypto in term on market cap. My plan is directly described in chart where I suppose that ETH's move would fit one of the two scenarios. Ascending channel presented by two discontinued rising trendlines ...
Recent moves of SOL show that it will be one of the key players in the next bullrun. For my long-term plan, please take a look on the link below. In my opinion, SOL is correcting so for short-term trade, I'm using Fibonacci to determine a potential entry, target and stop-loss. All these infos can be found in chart.
Hi all, I would like update my latest view on BTC for the next weeks to come (see link below). In my opinion, after a good pump from $28k, BTC's momentum is lost. Now, it is condolidating in a range of 6% from $33200-$35300. Following Wyckoff analysis, the first phase A was completed. We can see that the retest of the range's low (AR) indicates that there...
Can AI-hype have a chance to come back this year? I've no clue but when looking at AGIX, I see some reasons that it would have a pull back after having been declined since February this year. Currently, price is at the strong support, Fib. 0.5 level (see the below screenshoot). Moreover, it may form an accumulation schematic following Wyckoff method. I'll...
I missed the good entry of APT, for a low TF trade (see link below). However, in 2D TF, clear break-outs of both price and volume actions (CMF & MFI) can be seen. I bought spot APT at this price and target the previous high (around $20).
TOMO has just broken the bullish flag and would make a big pump, even if BTC is right below the strong resistance. TOMO/BTC pair is also interesting. It seems that TOMO/BTC would break the long-term trendline. This crypto is highly volatile in the context that BTC would have a correction, so risk management is important (as always).
As usual, I would like to determine a range to watch BTC after each sudden pump/dump. In my opinion, BTC would be trading in a 6% range from $33200-$35200 for some weeks. It's still soon to confirm where BTC will go after breaking this range. So let's keeps watching and choose Long/Short when BTC bounces from range's highs and range's lows. Certainly, there's...
Hi all, I would like to share my new long-term analysis for BTC. It is very possible that similar ones have been done before but I publish mine here to track BTC's future moves. As we can see in chart, BTC has experienced 3 main cycles. In the last two cycles, a bull-run staring from the Halving date is followed by a retracement of 80% from marco top a...
As in my previous post with the preliminary analysis for BTC, I have some thoughts about a possible Distribution Phrase (see link below). As shown in chart, if the current level around $26000s hold for some days, it will be not impossible that BTC revisits the recent highs (around $30000 - $310000 area). After that, given the current macro context (US default...
What is your opinion on BlackRock's BTC spot ETF? I have a mixed views: both positive and negative. Case A: As you can see in chart, BTC is right below a resistance trendline. If break-out happens here, I would be happy although I'm still waiting for a last dips to fill my bags. Case B: However, if we take a look at the consolidation between 2018-2020, we...
I would like to update my short-term view for BTC (see link below). I must admit that the latest move was out of my expection and didn't go well. Indeed, the hypothesis based on ascending channel was not valid after the fake news on BTC ETH on 15th Octobre. Nevertheless, I'm still thinking that BTC would revisit the long-term trendline at around $23500. This...
APT has just broken the trendline since January 2023 (see screen-shot below), with at good candle (16% up). I'll will wait for the retest of the range around $5.3-$5.4 to enter. This area is a confluence of The Fib 0.5 and Fib 0.6 (drawn for the today's candle of 16% raise) The long-term trendline EMA 50D If prices come to this area, the proposed...
BTC has once again approached the critical $30,000 level, setting the stage for a fierce battle between bulls and bears . This showdown is not expected to finish in some days (but maybe some weeks in my opinion), even though the bulls have demonstrated notable strength in recent days. My current hypothesis still leans towards a retest of the $23,000-$24,000...
Hi all, I would like to share my short-term analysis for BTC based. As seen in chart, I expect that BTC will revisit the long-term trendline, at around $23000s (or even below!). The reason is that BTC seems to form a distribution pattern following Wyckoff method. Before reaching this low, BTC would move as follows: Scenario A: BTC will resume its leg-down...
Decentralized exchanges are very promising to become a new hype in the upcoming bullrun, with dYdX emerging as a compelling focal point for both traders and investors. It's been 1 year and a half that dYdX has been trading in the range from $1-$2.7. It's likely that it will continue to be for many months. In my opinion, good opportunities to accumulate dYdX may...
LDO, which stands for "Lido, a Delegated Proof of Stake (DPoS) staking protocol for various cryptocurrencies, including Ethereum (ETH) and Terra (LUNA). Lido aims to provide liquidity to users who stake their tokens on these blockchains. In my opinion, LDO is forming an interesting pattern, the accumulation schematic following Wyckoff method. As in chart, the...