Stoic-Trader

Stoic-Trader

I'm bullish for XRP as long as we stay above the purple lines. In this scenario, we would still have blue waves 3 and 5 before a larger correction. This would take us close to 1.00.

Stoic-Trader

Wave 5 finished in an ending diagonal, and my primary count considers we´re in wave B of the correction. Green minor support is at 1.100, and gray major support sits at 0.0930.

Stoic-Trader

We seem to have completed waves 1 and 2 of the upside, and this token could get huge gains soon. The conservative entry would require a break of previous 30.68 high. If you´re more aggressive, you could begin building up a position now. Note that the correction could still be in progress, and we´d have lower lows below 20.

Stoic-Trader

Currently, we're navigating through black wave 4 correction in my primary count. This wave is occurring in a flat correction pattern, indicating that a downturn for blue wave C could com soon. Expect the extent of blue wave B to be constrained within the yellow zone. Upon the conclusion of black wave 4, I'll be looking for opportunities for long trades.

Stoic-Trader

We had a false breakout from the consolidation zone, with RSI divergence. I´m taking a long trade targeting initially the top of the range, then 2x SL, and will hold 1/3 of the position.

Stoic-Trader

Here's my analysis for LIT: We observed a low in August, accompanied by bullish RSI divergence. A new higher high was achieved in late October. The token is trending within a well-defined ascending channel (illustrated in black). Recently, there was a failed attempt to break out from this channel, marked by bearish RSI divergence. Based on these...

Stoic-Trader

This token is 100% bullish as long as we stay above the gray support zone (1.850-1.900). My primary wave count considers we are in black wave 3, which should test the resistance levels close to 3.000. The breaking of the ascending channel to the upside is also a strong bullish signal.

Stoic-Trader

The impulsive wave seems to be reaching its final stages, with the 5th wave beginning to show RSI divergence on overbought territory. Key support levels (purple lines) sit at 0.47, 0.43 and 0.38.

Stoic-Trader

The divergence highlighted in my previous analysis has indeed marked the turning point for bulls. In my primary count, we're presently in green wave V, which would become blue wave 1. While it's possible that green wave IV has concluded, we might still see an additional stop hunting push downwards. This analysis holds as long as wave IV remains above the...

Stoic-Trader

It's ok to be uber bullish on Bitcoin... but, from a purely technical point of view, this really doesn't look like a good place to buy. 2-week price action looks like a wedge Volume is falling (typical of an ending diagonal) There is massive RSI divergence.

Stoic-Trader

On the daily chart, price is being held by strong resistance around 4.80. We have broken and retested the green descending trendline. I am biased for a break to the upside, but I'd prefer if we at least got a pullback to 50%, to have long trades with better probabilities.

Stoic-Trader

After finishing the ABC correction successfully, GRT is back on the uptrend with an impulsive wave that doubled the token's price. I'm considering we're beginning wave C of wave 2 as a flat correction. After this is done, we could see a very strong upside pump.

Stoic-Trader

Shorting ACH´s failed breakout in the 1H timeframe. Strong volume on the failure and RSI divergence support this trade idea. All levels are on the chart.

Stoic-Trader

The impulsive movement to the upside finished at 0.66, and the blue ascending channel was broken. Now we have a new descending channel in green for the correction, and I´ll wait for its conclusion to look for long trades. Ideally, I´d like to see a test of at least 50% pullback, and then a break of the green channel.

Stoic-Trader

The buying point I mentioned in my September post brough over 100% return in two months. The impulsive wave seems to be in its final stages, with a valid 5 wave count and RSI divergence present. I expect a correction soon, initially targeting 0.065 support.

Stoic-Trader

The solid impulsive wave tripled LINK´s value from early June until now. For the time being, I´m considering 4.761 to be the bottom for this token. I´m considering that we should be finishing wave 5 soon, so I´m not buying at current levels (which are massively overextended). After we get a clear correction, I´ll look for long trades again.

Stoic-Trader

Expecting a continuation of the uptrend after pullbacks having been completed. Using a tight stop loss with a good RR ratio. Targets are 1:1, 2:1 and 5:1.

Stoic-Trader

The green trendline support was tested as expected (red arrow predicted in July), and we finally broke the descending wedge to the upside. Ideally, I´d like to see a retest of the wedge´s upper trendline (blue arrow). If we get a rejection to the upside, I´ll look for long trades (green arrow).