The price continue to arrive a projected target after a 5 wave structure leaving behind weak highs. We are approaching the 3D 36 EMA right into area where I expect a strong bounce to make new highs. Short term targets at ~$30 seem reasonable given TA and fundamental analysis.
Update from the Medium article posted on X. Considering we can sustain this move above 64,8, Id be looking for the next area of resistance at the POC
It appears to be getting a reaction at the range lows. We have a confirmed bullish divergence on the daily tf. The current impulse is positive for bulls and we are reclaiming the 4 hr tf ichomoku cloud. I would be aiming for the 200 EMA (4 hr) for a target and re-evaluate. The indicator standing out is the OBV BB. Bands are squeezing with momentum to upside.
Harmonic madness. We are getting closer to our target. Range drawings with fireworks. Fibs and harmonics, magic
On our way to .10. We took out the weak highs at .064. Id anticipate a retest at ~.069 - .06.
Apr 15 The pull back here appears to have cleared out some high leverage while maintaining the range low. It appears thus far that we are in a flat- regular correction as the rules indicate that it ends in an impulsive move, followed by a spring. Considering that we are in a 4th wave of a 5 wave structure, id a expect a bit more downside before hitting the range...
The pull back here appears to have cleared out some high leverage while maintaining the range low. It appears thus far that we are in a falt- regular correction as the rules indicate that it ends in an impulsive move. Considering that we are in a 4th wave of a 5 wave structure, id a expect a bit more downside before hitting the range high.
This chart had narrow channeling on the last leg of a 3 wave down. We are seeing a breakout and re-test. I continue to have a long bias on this chart. The X pivot of the harmonic would be first swing target.
MEXC chart shows a 5 wave structure into a complex correction. Considering this move is finished correcting and not range bound, the implication/ probability would be to complete another 5 wave structure to the upside.
LINK is a difficult trade in crypto due to the velocity of PA and the rotation of liquidity to the highest risk sectors and higher speculative products in our market. The technicals here show a resistance at our B pivot of our bullish harmonic. We are trapped in a range also. Considering that we move to a lower level .0001410 -.0001032 it would be a setup that...
I see somewhat of a diagonal that played out well here into 1.20 PA region. Considering we keep the pitchfork illustrated on chart, i will retain a long bias as long as we can stay above 1.5792 with time. Price target of 2.70 to above 3.00. Loss of the pitchfork would imply another test at support to 1.38-1.19. The OBV+BB has made 2 standard divs to downside.
Taking the corrective swing structure from 210.14 -162.39 we are approaching the golden pocket. We are sitting above the Icho cloud on a 4 hr time frame which lets me lean on the long side of the trade atm. Will not be surprised if we see a move to 176.57 which allow falls in place with the 100 ema.
The trend based fib tool has been great to identify targets. The diagonal here in red gave us reliable place to consider a continuation in the uptrend. Probable target would lead us to ~ $5.00 on this swing trade.
Taking the fib extension from the swing 107.18 -100.62 we caught support at the golden pocket as of now, a decent reaction for more upside. Taking the fib extension from the swing high 114.81 to 99.57 tagged the .236 and reclaimed the level with an impulse move. I am looking for a move higher that will impact higher risk assets i.e. cyrpto. I would not be to...
The fib extension tool from previous pivot high to pivot low, we are breaking the 88.6% 3 Trillion MC is not an if, its a when :)
Alephium chain has recently shown an uptick in miner interest. Personal theory are that independent ASIC miners will find POW chains more profitable as institutions are monopolizing BTC mining. Currently the 6 hr TF has a hidden bull DIV. The channel the PA has broken down from in this illustration implies the probability of returning to the median of the...
OCEAN has good fundamentals and an AI play of the last cycle. This Cycle has exponential attention in the AI realm. The chart is bullish. Harmonic pattern target being hit. The 1 to 1 extension from SH to SL gives us 1.618 at 11.26
Leaving this projection to see how it plays out in the next month. We did not visit the lower targets last cycle. Maybe we do this time.