DewyCandles

DewyCandles Updated 

First it was all downtrend since September 2021 till October 2023 (over 2 years) with a drop of over 90% then created a temporary support before breaking down. Ever since price tried to recover several times but got rejected even after breaking out of the Descending Channel and then we saw the retest of the channel exactly a year ago before flipping the...

DewyCandles Updated 

THIS IS THE ZOOM OUTLOOK ON THE PRIMARY ANALYSIS (see below the bigger picture) It is either we have already began our journey to $90 right now or we see some shocking surprise of 15% nuke to at least $61k before pressing for $90. Either way, I am bullish on BINANCE:BTCUSDT midterm. According to #Ellitiotwave this move since $16k is IMPULSIVE and no doubt we...

DewyCandles

Personally, I do not pray for this to happen but then I practice what I preach. No matter how bitter it might be one have to be unbiased and aware of all possible scenario available, that is how not get sidelined or rekt. On the chat this would mean that we are in some kind of larger degree double combo Flat. My primary idea is bullish but if we see price...

DewyCandles Updated 

Not so much information here I expect price to drop till $0.31 - 0.27 that is where makes sense to ape in for some double digit profit. OTHER ANALYSIS

DewyCandles Updated 

No doubt BINANCE:RSRUSDT have gained over 700% since it All Time Low but the good news I bring to you is that there is still a potential 170% left. Looking closely from the daily timeframe you will see that this outburst is clearly impulsive in which wave 1, 2 & 3 has been completed now we are in wave 4-yellow and in couple of weeks we should be heading up for...

DewyCandles

On the daily timeframe analysis I talked about how we might be seeing 170% gain coming weeks but then I want to call your attention to the possible right entry here. The supposed wave 3 on the daily timeframe might be 5 because the Fibonacci Extension to that point is 300% which I would say is over extended for a wave 3 as opposed to the 168% and if 200% which...

DewyCandles Updated 

Listed two months ago on Binance BINANCE:RONINUSDT have some potential to go up to $5 in the next 20 - 30 days. I am expecting price to reach inside the box (60 - 90% Fibonacci level) for accumulation meanwhile the invalidation level for short term holding is the previous low. If it breaks it will give us more information for further interpretation. Stay...

DewyCandles Updated 

It has been a long time coming predicting BINANCE:PEPEUSDT right from the bottom up to this level printing approximately 740% on the spot. See chart below. Now I bring you fresh analysis since the previous target reached. Looking at the strong movement upward this suggest that PEPE will not be resting anytime soon and infarct, it will be cancelling another...

DewyCandles Updated 

Call me crazy but BINANCE:HOOKUSDT will not be joining the bull run instead it will be busy on it road to creating a new ALL TIME LOW at $0.3500 PREVIOUS ANALYSIS OTHER ANALYSIS

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In case you're interested in the previous analysis on BINANCE:HOOKUSDT and you are interested in taking that short here is a 5RR setup. Although I am having a feeling price might not reach the entry precisely by tick. OTHER ANALYSIS

DewyCandles Updated 

BINANCE:PEOPLEUSDT have the cleanest impulse I've seen in a long while. Without past context I think we might just be completing the wave 4-yellow of an impulse which can either be a FLAT, CONTRACTING/SYMMETRICAL or BARRIER Triangle. I expect price to bounce from anywhere in the box and print at least 100%. The invalidation level (stop loss) for this an...

DewyCandles

Three scenarios here. It is either we are done with wave 2-yellow and this is the last low we will be seeing in a long time since we will be going to $0.40 All Time High or this last swing low wave W-orange is just the beginning of a double combo WXY meaning we will get 20% pump to wave X-orange and then create a lower low for wave Y-orange which will become...

DewyCandles Updated 

This is my top scenario being scenario 1. It suggests that presently the bears are weak and the bullish are taking over price from this moment unlike the second scenario where price has to reach further down before making a new all-time high (see scenario 1 for context). This scenario shows that we are in X-yellow (Expanded Flat), and price will be drawing...

DewyCandles Updated 

I will not be surprised if BINANCE:APEUSDT make a new all time low from where price is making this update a counter scenario to the first scenario The reason for this is because of some few important factors. One is that the community has been weak recently and that affects the fundamentals. Two, despite the move it made in the past few months, we are yet to...

DewyCandles Updated 

Contrary to the first scenario where I suggest a new all time low, this might be what BINANCE:APEUSDT is up to. We might just be on the journey of completing the last leg down of wave Y of wave 2-yellow and then the outburst follows. If you see this scenario as more likely, then it is ok to hold your APE or reenter at $1.562 - 1.330 region and set stop loss at...

DewyCandles Updated 

Now I bring to you BINANCE:MANAUSDT on the primary timeframe after price reacted nicely to analysis on the previous chart on 4 hours timeframe. This is our primary scenario until I see otherwise. See previous analysis on page or comment for context.

DewyCandles Updated 

BITCOIN TO $90K MIDTERM TARGET COULD BEGIN NOW OR A SHORT TERM RETRACEMENT BEFORE It is either we have already began our journey to $90 right now or we see some shocking surprise of 15% nuke to at least $61k before pressing for $90. Either way, I am bullish on BINANCE:BTCUSDT midterm. According to #Ellitiotwave this move since $16k is IMPULSIVE and no doubt we...

DewyCandles Updated 

The possibility of BINANCE:LQTYUSDT is quite many but if we are to look for a bullish scenario this is the best bet. Finished wave 1-yellow at the upper band of the Ascending Channel then the wave 2-yellow completed it retracement at the lower band around the golden Fibonacci zone 0.618% while we are in the journey of wave 3-yellow having completed it wave...