OatSuk

OatSuk

It is interesting to keep an eye on LUNA as a laggard. It behaves like an alternative investment where money flow from other dominants like BTC ETH because LUNA is one of the strongest competitor. Once BTC ETH finds the bottom, money might flow back from LUNA to BTC ETH. If that so, it might follow BTC ETH structure. This is just an interesting hypothesis based on...

OatSuk

If we are capable of sustaining the upward momentum till the end of today, it is likely that we are having a "break out" from the recent swing (3.45-2.7) making the new upward momentum of a larger degree rising from the primary support at 2.6-7. The rough target is 4.45 if 3.45 is broken for this new upward swing unless the breakup is failed and returned to the...

OatSuk

1.According to the chart, Standard Deviation Channel fits very well in giving us a geometry of the market structure. 2.Incorporating EW with timeseries dominant cycle, the uptrend cycles are lasting around 425 weeks before the correction occur which takes 60 and 120 weeks as an harmonic cycle. 3.EMA50/200 Golden Cross and Death Cross does confirm the impulse and...

OatSuk

I still think the low at 2.1k is solid and there are 2 cases possible here. 1.The 4th wave has ended and the current swing is the 1st impulse. 2.The 5th of the C is not finished yet and is going for a diagonal finish. The target for the 1st impulse of the large 5th is at the middle of this significant channel drawn in the chart Well the most bearish case only...

OatSuk Updated 

1.The Correction/consolidation/Bear market of BTC normally takes 365 days - represented by the Blue Volume Range 2. Considering the Bull cycle since 2020 2.1.10-30k was the zone where BTC was bought with highest volume - around 13M 3.From 30-60k was the zone where BTC was bought with 8M volume 3.1.Then the sell off happened from 60k back to 30k with 9M...

OatSuk Updated 

Case study of Cycle Analysis+EW I have tried to identify dominant and harmonic cycles of BTC and roughly drew it on the chart in couple with EW cycle. Interestingly, we can expect this 2 scenarios soon according to this analysis. 1.We are not going to have new low as the 1st wave of the 5th to complete large 3rd wave is forming. You can incorporate possible count...

OatSuk

Continued from our last COMP analysis. We need to really keep an eye on this week as it is reaching the significant falling wedge trendline. The breaking of 140 USD level is going to be very crucial as it will confirm the ending of this long Bearish correction due to Elliotwave count! This will mark the new impulse of the new cycle with very good Risk to reward!.

OatSuk

After the breaking news of Ukrain conflict and Russian military deployment, Gold is breaking upward for B or 3. We can aim for the retest of ATH in both cases.

OatSuk

I am looking for a heavy long setup soon when there is some confirmations. Yet I am still looking for another downswing! Hoping to see a shortfall of the last wave.

OatSuk

According to the wave count, it is possible that there will be another Downswing unless the price breaks 3300 in the next 1-2 days. Otherwise the proportion looks weird to be considered as a sub-wave correction. In couple with this concern, RSI also indicates that there are lots of room to go down this would destroy the proportion-wise in terms of price correction...

OatSuk

Hello guys, as you may know currently we have lots of different ideas for BTC from technicians. Some says the bear is ending, some says this year will be a roller coaster, and some says the bear is just starting. I would like to show 3 hypothesizes which actually based on EW projection on weekly chart (the lines drawn are based from possible EW scenario yet to...

OatSuk Updated 

If you believe in the potential of GALA and looking for long-term investment in Gaming industry on blockchain, this might be a good opportunity for you. Yet keep in mind that there are "node validators" who might try to sell their validator's reward along the way during the next uptrend.

OatSuk

Though I am not sure about whether the next swing is going to be 1st of large 3rd wave or a B for a longer correction like what 2nd wave would normally be, 63 usd is a target you can expect from this pivot low. Also, FTT is currently the most held token within whales' wallet. I think the highlighted support at 0.68-0.65 Fib will be pretty strong as you can see...

OatSuk

SAND is one project that I currently like the most in the metaverse theme as I found lots of potential ahead. Technically, the first wave of the new cycle is forming but having an invalidate line at 2.6. The retracement might be a great opportunity for you if you like their project. In case of invalidation, it might going to form Z wave. This depends on your...

OatSuk

The correction of WXY is finished. The trendline is breaking! this is one of the best opportunity for MKR's fan!! With the invalidate support at previous low in case of WXYZ

OatSuk

I think ATOM might go down a bit more to complete the Expanding Triangle in short term and it would go sideway for awhile before shooting to break ATH. COSMOS is one protocol that many funds and smart money are aiming at. STICK AROUND TO FIND YOUR OPPORTUNITY!

OatSuk

The chart says it all - the correlation of RSI extreme and the vwma SD some how showing me this

OatSuk

Looking for another 1 downswing to create divergence in RSI at 0.618 Fib otherwise it should go sideway for consolidate at this 0.5 level for a month before going up. I am prioritizing the horizontal support for now.