DonPony

DonPony

Dear friends, Ada is in the verge of a break out. if breaking to the up side, first target will be 1.70 however if we break to the down side we can expect a revisit of the 1.30 area. Should we break to the downside, this will temporary as I expect the price to increase as BTC loses some momentum. Do let me know what you think and provide any comments. Happy trading

DonPony

Hello friends, Here we have a cup and handle formation on RavenCoin USD, clearly visible on high time frame. A bit of a risky one specially as MACD is turning bearish on the D time frame. Trade cautiously. Happy trading ;)

DonPony

Dear friends, Here are my thoughts on the BTCUSDT on 4hr chart. I believe is quite likely that we will retest the the 52k area, we might even drop a bit more to the 50k area. Hope this is not the case but just in scenario, don't start going all in. I would wait for a retest of one of the green areas before buying again. If we retest and turn one of the green...

DonPony

Hello friends, Here is my idea on LUNA USDT on the 4hr chart. I believe that luna is ready to leave this consolidation channel and retest the previous consolidation channel, we could break strait through it or small rejection a further consolidation close to the resistance level, before a retest and break through. I'm currently very bullish on Luna and I can see...

DonPony

Hi friends, My thoughts on ADA USDT on the 4hr chart. I believe that ADA will retest the resistance, if it doesn't break it on the next try, it will most likely break soon after. This will take ADA to around 1.94 area Should we break the trendline, it will invalidate the above. Feel free to leave any comments or advise. Happy trading

DonPony

Good day friends, My quick thought on a potential entry point for ADXUSD pair. We are in a strong area of resistance, should price hold in this area I expect it to recover quite quickly and reach around 1.65 area, before further continuation. Hope it plays out. happy trading

DonPony

Hello friends, Here we have LUNAUSDT on the 4hr chart. We can see luna trading in a consolidation range between 18 - 19.26. I believe the consolidation is about to break, in which case we will push upward in scenario A to previous resistance @22. Should we break the consolidation range, and we dont recover to the consolidation range, I expect price to drop to...

DonPony

Hi Friends, It has been a heavy lose in the market, hope you HODL strong and make profits soon. A quick idea on a 12 hour chart for SXP the up bullish trend (Trend) and strong support line (S1) line has been tested and we have rejected from this point, if we maintain this support we can see a quick recovery with in the next few days to a week (Green). If we fail...

DonPony

Hi friends, Here is my view on the ADA USDT Chart. We have been forming a wedge formation, if we break to the downside I expect support to hold at S1, if this is lost to S2, don't think it will drop further than this. I actually think ADA is more likely to go to the upside, in which case I expect ADA to break out of the wedge, make a small retest and then...

DonPony

Hi friends, My thoughts on the BTC chart. Scenario 1 (Blue) : continue with trendline to test ATH and continue to 46k region. Scenario2 (red) : Trend line is broken and support is passed, continue down towards the 30k range before recovering. BTC continues in the upward trend line, it has been tested and bounced so far, support has held and upward movement...

DonPony

Cro on an oversold position, ready to make it return to 0.125 or 0.135.