DewyCandles

DewyCandles Updated 

Here is my unbiased second thought on $lqtyusdt. If the Ascending Channel on the first scenario which has already gained over 23% since yesterday's post, (see below) breaks then we will have this one. The difference between this scenario and the other is that on the short to mid term, it is bearish while the similarity between both is that on the long run it is...

DewyCandles Updated 

BINANCE:CYBERUSDT have to blow off steam, it is really exhausted at this point having fought the $14-15 region for weeks and it keeps rejecting with a strong wick. I believe now is the time to retrace and only a very strong fundamentals or pure manipulation of price could make price go back to over $15 to take that huge weekly wick/rejection created at...

DewyCandles

The Ascending Channel broke on the daily timeframe and all bullish sentiment aside, $6 is the nearest bus stop for BINANCE:CYBERUSDT followed by a faint push to $11 and the overall focus is $4 could be lower. All bulls hope's dashed for CYBER except a miracle happens. We are indeed blowing off that steam. PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

Remember what I said on the first post especially accumulating and building portfolio to get ready for the full blown #ALT SEASON the best way to do that is to Dollar Cost Average (DCA) because timing a perfect entry won't cut it. I have some KUCOIN:AZEROUSDT bag and I will be DCAing at $0.8159 if price reaches there because on this first scenario (see second...

DewyCandles

The cleanliness of this chart :) Classical Analyst are seeing a perfect Bull Flag, Ellioticians sees a clean ABC Zigzag. For confluence, price at oversold region on the daily RSI with a Strong Hidden Bullish Divergence. The only missing piece is volume which I really want to see coming days. Invalidation level is clearly on the chart. BINANCE:MOVRUSDT OTHER...

DewyCandles Updated 

BINANCE:ACAUSDT is one of the ALTCOINS on my radar for alt season. Haven.t retraced more than 100 percent from it all time high, with a good reversal sign on the weekly chart and an attracting price action, I believe it will also gain at least 250 percent from current price. However if this scenario fails I will just DCA in on the second scenario (see second...

DewyCandles Updated 

Centrifuge is among my top picks for the continuing ALT SEASON bull run. It is a strong project with real life and meaningful use case together with Elliot wave technical analysis, I expect OKX:CFGUSDT to be at $1.32 at least by the end of March 2024, also that level marks the 60% golden Fibonacci zone. OTHER ANALYSIS

DewyCandles Updated 

It is not ideal to assume Triangles too early but right now I think it is fair to assume this one since it meets some criteria and also at the last wave E. The invalidation level is at the previous wave C-orange if we are going up and the minimum target will be $8.

DewyCandles Updated 

One is another Alt coin I have my eyes on for ALT SEASON it also have x10 potential but most importantly I can tell that it is about to take out the buy side liquidity which is over 60% from the current price. Technically, this a some part of a larger degree wave 2 where the wave A-cyan has been completed and we are it the process of wave B-cyan which I expect...

DewyCandles Updated 

Here is what the second scenario look like for KUSAMA. Unlike the first this show that price has not finished the impulse wave going downwards and we might see price create another low around $13 and that is also a perfect point for either re-entry or DCA. from that point to the golden level 50% Fibonacci, there is over 550% gain. ...

DewyCandles Updated 

It is 2 things either we will see a retracement to $0.08 which will become the wave 4-yellow before the bull run continues by creating a new high or the previous high (wave 3-yellow is a wave 5 and it means we will see a deeper retracement to around $0.05 before the bull run continues. In summary for this scenario it simply means that BINANCE:ROSEUSDT is...

DewyCandles

What we are experiencing right now is price reacting to the resistance for the third time. Haven't done that I expect BINANCE:CAKEUSDT to stretch to the 50% Fibonacci level to complete an Expanded Flat for wave 2 before the bullish momemtum returns. There is another scenario that suggest going lower but to keep it simple I will let this unfold first. Stay...

DewyCandles Updated 

I am expecting a bounce from here on BINANCE:ARBUSDT since I am also confident that we are in a wave 3-cyan whereby the wave 4-yellow is almost in completion after the liquidity below is grabbed. The invalidation level is clearly on the chart and a clean minimum of 3 risk reward presents itself if this plays out. PREVIOUS ANALYSIS OTHER ANALYSIS

DewyCandles Updated 

BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong. OTHER ANALYSIS

DewyCandles

BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong. Unlike the first scenario, this one won't be going much higher but at least $6 is expected so when you get there, don't make the mistake of "oh we are...

DewyCandles Updated 

Call me paper hand but I sold my $FLAREUSDT here at 271% after the Binance Launchpool and here is why. Since the launchpool, price has surge by 271% psychologically, at this point 80% of airdreppers have taken profit. Secondly a previous support just became a resistance after that stong rejection projecting a weekly wick or call it inverse hammer followed by...

DewyCandles Updated 

Obviously price reversed halfway on us and now it is about to hit the stop loss but the remember the setup below on previous analysis. Now that we didn't reach target for that long this clearly gives a sign that we are in some kind of wave C-orange of wave 2 or 4-yellow and to avoid unnecessary loss the stop loss will be removed and DCAed within the orange box...

DewyCandles Updated 

This is an update to the previous analysis. Now that the scenario has been invalidated, this will be the last attempt for bears because if bulls can take price to $1.545 then BINANCE:EOSUSDT is bullish on the long run. PREVIOUS ANALYSIS OTHER ANALYSIS