FTM continues within the broader upward channel, bouncing off a failed breakout attempt and retesting the 1$ range. This psychological level was upheld so far creating another range of support. I expect 1.33ish within two weeks. A stochastic reset here makes sense with the oscillation we have noted within the channel. BTC remains much stronger than I expected. I...
Per a request, TIA is showing a strong reversal here after building support on a fib extension. This price level from Dec 2023 clearly poises a strong resistive area above it. I foresee a strong push to 16$ very soon. There is a lot of selling around 16.7$ though and this area presents a challenge. I bet a lot of this is token unlocks and staking. Sadly only 16%...
VZ is one of my larger holdings since I bought it as a defensive value play last year around 31$. I have been averaging heavily during the sideways channel as I believe it is a relatively place to park cash and outperform money-market while the QQQ remains overheated. This is the third attempt at a breakout and confirmation of continued upward...
Coin visited the momentum trend line from the past momentum cycle which fell apart late Jan 2024. We are at a major resistance level here from way around the IPO drop. I expect a strong rejection here on open but who knows. A retest of 250 before a strong push to 330$ is likely and better for long-term price action. -Short-term a test of 250$ -Medium term 330$
RNDR looks to be attempting to break the 17 day consolidation. I expect a retest of near 14$ very soon. BTC has defied my short thesis so far and we have less than a month now before the halving. Maybe BTC will be less volatile going forward. -Profit taking 25% of my bag at 20$ as I am up VERY much -Long-term target is 40-42$ based on network expansion
NEAR bounced right off this daily local demand zone with ease as the hype continues. BTC looks to not care much about the recent dip and maybe we wont get as big a correction as usual due to the supply shock and ETF. -My short-term target is a retest of 8.5$ -Medium term 11$ -NEAR is one of my mighty 3 that I take profits from more speculative alts into
I think the moment has finally come, we are about to see the formation of the handle, and hopefully alts correct alongside BTC into mid April. A 60% climb to all-time-highs over the coming months. Then we will likely see a few bull market corrections brutal in nature. -Short-term we tap the golden fib again and possible flush downward 50B or so -Medium term...
Sol hit my short-term price target and is bleeding down like many of the larger layer-1s. I expect a retest of the teal momentum trend line. Maybe around 155$. We will likely get some scary price action below this briefly if my BTC bearish thesis plays out before mid April. -I am sitting tight and slowly averaging into my mighty 3 -I expect a huge move past...
ETH looks as bearish as BTC into the halving. I expect the asset to follow generally the path I drew with a major reversal Mid April. After the cup and handle played out we had a blowoff and then a slow bleed with liquidity flushes on the way down. Bounces on golden fibs are bullish AF, and I expect it.
Super went on an absolute tear a few months ago and I was able to more than double my position at around 16 cents. If you have been following you will know I sold half of my bags around 1$ to lock in some cash and exit the market with it. If we get that Axie 2.0 hype run around this halving I expect 2.5$ rather quickly. A candle body bounce on the golden fib...
NEAR remains in the demand zone and offers a great long-term averaging in area for those who are interested. This layer-1 data structured token carries a lot of ai hype with it. A Solana competitor that fights for the same developer base, a true dark horse. I am waiting for the BTC flush out before the halving to really hammer these, but I have been adding within...
Pendle looks to be breaking the consolidation zone that I expected to take up to 60 days a bit early here. I am unsure if this is leverage or that fact that the team has been literally killing it lately. Pendle is now on 5 blockchains, they have a trading app, the bond type products and LPs. My two near term targets are marked with dash greens. Since we are in...
BTC has once again tested, and now broken the OBV on the daily to the downside. I would have been very surprised if we only had a correction to where we fell on first dump. I still believe at least a full 25% correction from the new high is in the cards despite the dovish fed. -This would put us around 55k before the halving -My first downside target is still 57k...
FTM has grown immense strength after the last several weeks. My short-term target has been hit at 1.11$. This is a test to flip the channel into a supportive structure on the top side. -Next stop 1.26$ since the fed party allowed us to continue rampaging through the markets ; D
AVAX decided to push to the upside and I am glad that I averaged on that bottom support line. I will admit once the fed dovishness arrived I did deploy the rest of my stables into AVAX and INJ before liftoff. I had been DCAing a few select alts including AVAX on this latest flushout. -My bags have been packed, but I did get some tokens at a discount by selling...
Avax had a really powerful move recently before this downturn in BTC. My short term target was hit, which generally means I stop buying for a bit as a local top is likely in. I have taken this opportunity to average in on this base, this expanding wedge or asymmetrical megaphone presents a problem though. Note the break of OBV to the downside, if this is not just...
FTM, one of my layer-1 holdings approaches the target of 1.1$. I expect this token to have a major run this cycle as the blockchain truly offers one of the best user experiences. Yesterday I used Solana, Arbitrum, Avalanche and FTM, and honestly, Solana was the worst, most laggy experience with failed transactions. The other three chains although more expensive...
I was able to exit the remainder of my 95$ call setup this morning on the pump past 95$, these contracts were up almost 60% today and I sold the remainder. I will likely avoid RTX going forward as both of my gaps have been filled. Cheers to anyone who traded RTX!