This is the analysis based on the following data points 1. Monthly historical price action 2. Monthly Fibonacci Channel 3. Monthly Fibonacci Extension 4. EMA50 (Monthly) 5. RSI We have been analyzing long term BTC price movements accurately since December 2021. Now that BTC is in sideway again, we are going to analyze the possible next moves. To be honest,...
We published ETH analysis back in March 2022. Back then we did the analysis not because we wanted to trade it but because we wanted to verify our hypothesis. We would say, it kind of verified our hypothesis. What happened was ETH broken above our fibonacci extension golden pocket and touched the fib speed resistance fan 0.618 line. After that it comes back to our...
Back in March 28 (when BTC is at 48K), we published a private idea based on the RSI where BTC would drop back to 35K and lower. The idea was only accessible for our telegram group subscribers. Now that it reaches our first target, we are looking at BTC again and publishing the updated analysis. Our sentiment about BTC doesn't change much. We are still bullish for...
For the Fundamental Analysis about this project and the company, we agreed with the attached idea. Regardless of your beliefs, it is what this project is about and you should definitely read it. However, we don't recommend shorting this project yet. We are currently taking NATURAL side and looking for the opportunity. There are both negative and positive...
We had the best entry price for $LUNA again as I have suggested my followers to buy back $LUNA at $75 and $78. Now that we have a significant profit, we are looking at the chart again. $LUNA bounced back hard after the dip to $75 area and now it is at the Weekly Resistance which is defined by the 0.618 area of Fib Speed Resistance Fan. You can clearly see that...
In daily timeframe, MTL has been making a healthy pumps with a proper retrace. Today's daily candle lowest is exactly at the golden pocket of weekly Fibonacci Retracement. This indeed is a good sign. However, the resistance above is going to be stronger than other resistance. It is the weekly resistance level. Even tho there is still a bullish case in lower...
We really like this DOGE for the past few weeks when it was consistently bouncing back on the Fib Speed Resistance Fan 0.618 level. It was so good that we even reached the price level of $0.17++ (with the news of course). However, that trend was broken in the past few days and the same 0.618 level is rejecting back now. IF $BTC dumped lower than 39K level, we...
Since our previous LUNA plan worked out great, we are now taking partial profits (as noted in our previous chart) to rotate our funds. We got in at the bottom. I hope some of you followed our ideas and also got profits. It is nearly 28% profit. Taking profit doesn't mean we are not bullish anymore on LUNA. We are SUPER bullish for LUNA. Those who knew us since...
Patience is the key here. I think we should wait for the $10.7 area which is the 0 level of Fib Channel. It is also supported by 0.618 level of Fib Speed Resistance Fan. If that level is not broken, I would love to open LONG position from there. As for the SHORT position, I would wait for the 0.618 area of Fib Extension. If that level is broken too, we are going...
I have been looking for potential re-entry area for LUNA since I have sold it at 0.0025. Now, LUNA is at the 0.5 level of fibs extension after getting rejected by 0.618 level of fib speed resistance fan. I am expecting it to come back to the golden pocket of the fib extension. When it come back down, I will load up my LUNA bag again depending on the market...
We have had one of the best rally with $GMT for the past few weeks. I think a lot of people will start taking profit. If BTC push to 49K or consolidate at current level, we might hit $1.14. That area ($1.14~1.2) is going to be safe to short. As for me, I personally executed a small amount of short position at $1.045 with a risk reward ratio of just 2. As for...
ANC is facing a massive selling spree for quite awhile now. It might be due to the lesser incentive for staking or enabling it in derivatives market. However, this is one of the strongest token in Terra ecosystem. So, you might want to buy at these mentioned fibs areas for your spot bag.
This analysis is a follow up analysis of my December analysis. We were right very closely about the dump. All the analysis and thoughts are posted in the picture (in Burmese).
They say that BINANCE:ETHBTC pair can tell you when the bottom is set for general crypto market. We shall see that in April. I have converted all of my altcoins that I accumulated lower into BTC and ETH in the past week. LUNA/BTC pair gave me the most profit. I am not using this to buy or sell ETH spot bag. I will probably use this to SHORT/LONG ETH at defined levels.
BINANCE:BTCUSDT as noted on chart. This is an analysis based on the weekly trend line which was broken below and fib retracement to notice the possible resistance areas. IMHO, we need to break through a lot of strong resistance areas in order to become Bullish again. This week closing is important and next week will decide whether we could go above or not. If we...