mysticalwalrus

mysticalwalrus Updated 

This is an update to a chart a posted awhile ago noting the buying range for a good price during accumulation. I believe the accumulation phase is coming to an end. I was criticized heavily when I posted the last chart due to ICP's perceived performance since listing (which was the day before the May drop LOL). However ICP entered an accumulation phase which looks...

mysticalwalrus Updated 

Important things to note: BTC shorts got squeezed due to contract expiration closing in. Alts are in great position overall. Fast movement will be extended consolidation. (multiple tests of support during selling). My DEC 12 ADA chart looks extremely accurate. Descending Triangle was reversal signal ( constant buying at lower levels and lower highs at a bottom...

mysticalwalrus Updated 

Important things to note: BTC has started to signal strength. BTC needs to break above down trendline at least, then 53K. Volume is holiday flavor (Low). ADA shows strong buying at bottom. Descending Triangle has broken to upside. Wait for retest, if successful, resistance zone is next. Important dates to note: Evergrande payments (largest payment of 2.1B due...

mysticalwalrus Updated 

Important things to note: BTC has reached oversold levels on the 1D, RSI making its way up. BTC looks to have formed a diamond bottom, this can break and just be continuation of falling wedge. BTC liquidations tomorrow. ALTS are on sale. Everything is oversold, or near oversold and in bullish patterns. Some alts have already broken out, others close, some still...

mysticalwalrus

There are many ALTs out there that have been far oversold! Though some of them have moved already (I did not get an AVAX chart in time) there are others that haven't moved yet, but I expect them to do so. DOT is a great asset and at the prices it is sitting at now, its a DCA no brainer. So if you missed out on SOL, AVAX, CRV etc, this is a great choice to round...

mysticalwalrus Updated 

Important things to note: BTC is showing oversold on 1D timeframe. BTC has retested previous low like I said would happen in my last update. BTC has either found its bottom or retest 42k before heading up. On chain data shows typical weakness but nothing indicating a bear market. Total2 and 3 both look like they are near the bottom. Structurally, the alts don't...

mysticalwalrus

FTM even from a distance still looks really good. I have a short term price target but I expect this asset to really move when the market picks back up again. The RSI has bottomed out on the daily and the structure of FTM remains solid. I have been adding more of this since the last drop. It has already gained some ground since falling but I thought my followers...

mysticalwalrus

IOTA is a great alternative to other assets associated with it that do not have good entries. Luckily I believe not only will IOTA print, but it gives great staking rewards as well. As you can see the RSI is just low enough to warrant a buy on the 1D chart. There is a large cup and handle pattern which produces a major target of around 3.9. However, I would not be...

mysticalwalrus Updated 

ICP is an underrated alt that I believe has a lot going for it. There was an initial dump that occurred day 1 which everyone got upset about however this isn't really out of the ordinary. If you go to their site you can see the metrics for yourself. As all of my followers are aware, I specifically look for basing pattern just like this to capitalize on, and I do...

mysticalwalrus

KDA has been an absolute cash cow for me. I got in around 2.00 and have been taking profit ever since. It is a great project and I estimate that it will likely near its previous highs by the end of the cycle. During this pullback the patterns have flip flopped between a flag and a pennant but seemed to keep the overall shape of an asset likely to continue its run....

mysticalwalrus Updated 

Before I start, I want to say thank you to the people who sent me kind words during the past week. I haven't had time to reply but I saw a few of them so thank you, it meant a lot. For those of you who didn't know, I had a pretty rough week. I was dealing with a family emergency and today was the first day I wasn't at the hospital all day. If anyone was wondering...

mysticalwalrus Updated 

Important things to note: BTC is showing bullish momentum. Everyone expected 40k or at least 52k, which made me a bit skeptical. Alts still looked great and a number of them moved on the BTC push upwards. ADA is in a descending channel. ADA was pushed up a bit from bullish divergence. There was a lot of consolidation going. We have a double bottom at the...

mysticalwalrus

So, if you jumped on this when I first mentioned it, you made quite a large return. After a nice long consolidation period, its on the move yet again to my major target. Now, there will be some resistance along the way so if you are swing trading this, you will likely be taking profit at those areas and re-entering etc. Anyways, it looks good from here and I...

mysticalwalrus

So I wanted to put out a chart on this yesterday when I noticed it was breaking out, but I was too busy. It actually ran a lot faster than I thought it would. Anyways, here are the targets that are moving upward from the basing pattern that was formed. This basing pattern will likely give us further targets in the future. Thanks again everyone!

mysticalwalrus

Here is an asset I have been watching. Though they had a bit of fallout due to the day 1 insider selling, this platform is still being used. I am expecting a breakout from the descending wedge and making its way up to the first target. However, there will likely be a lot of consolidation prior to moving to the 2nd and 3rd targets. Keep an eye on this asset and...

mysticalwalrus

Yet another example of an asset ready to move and helped by a little BTC push upwards. CRV was in a flagging pattern for awhile now and it was only a matter of time before it started to move towards the target. I think it still has a bit more juice in it before it starts to consolidate again before continuation. Once BTC gets going, its should head to the target...

mysticalwalrus

Here is another asset I have been mentioning that has moved due to BTCs recent push upwards. The RSI looks a bit high right now so you should expect it to consolidate into a continuation pattern soon and head up even further. This will likely create a small cup and handle further confirming the move higher. Thanks again everyone!

mysticalwalrus

So ONEUSDT has started its breakout move to the major target with a little help from a semi bullish movement from BTC. I expect other alts to either finish their patterns or start moving just like ONEUSDT. We can this the same type of action from CRV finally. I expect ONEUSDT to consolidate in a continuation pattern from here and push to the major target in the...