Shotokhan

Shotokhan Updated 

All coin which major volume is on Kucoin have been affected by the news of the US government charging them so people sold unrationally but honestly I don't care. It's bull season, ISP is still in the bullish pattern and over a support. Moreover ISP fits in more narratives in this cycle (AI, gaming and web 3.0) and it's a low market cap.... it was 3 mil when I...

Shotokhan

This amazing project which is among my "bet bags" has done incredibly so far. I entered at the blue line and as you can see it pumped a lot so far. Here the weekly chart: At daily you can see a bullish falling wedge which has broken out today and the volume peak confirms the breakout: The breakout is more clear at 4h though. I think that considering the...

Shotokhan Updated 

This is an old bag to which I added over the last year because my plays in this cycle are mostly GameFi and AI + some old blue chips. Perhaps I was a bit "too early" on GameFi because now there's a ton of new projects out there which are catching more hype but MBOX has already different working games and a big community. Moreover it is under Binance's wing. So...

Shotokhan

So, after 693 days BNB has reached the upper resistance of this huge channel and considering the bullrun has barely begun this will breakout. Also because Binance want his coin to fly so they'll deploy liquidity! And to be honest I'd be happy if they did because Binance ecosystem is really useful. The BSC is super cheap, I've been using it many times, I know it's...

Shotokhan

I've been in CryptoGames and a fan of GameFi before it was cool. Over the years I posted (and tweeted) various time about this and other games. Unfortunately I didn't buy enought to reach my target, I still need a +58% to my avg entry price. I think this will do well though. As you can see I think there's an hidden bullish DIV an probably current W candlestick...

Shotokhan

I never had the time or I forgot to post something about this over the last month, however TOTAL3 turned pretty bullish after breaking out two different resistances. As you can see the second one was retested and since then we're in up only mode. I expect some reaction once we get to next resistance. I personally don't see any real resistance until that daily one...

Shotokhan Updated 

Hey guys, it's me, sometime I find the time to post a longer analysis even here. I post many quick others on socials. But let's talk about HBAR: the main picture is the weekly where it appears clear price is breaking out from an accumulation zone which lasted 630 days. A classick Wyckoff accumulation pattern is happening, I will update with a possible trajectory...

Shotokhan Updated 

The price chart really looks like an H&S, the RSI and OBV show a decline (bearish DIV) and especially RSI didn't follow the price surge of the head. However the volume pattern should be different. To be an undeniable H&S we should have a volume peak either at the peak of the left shoulder or at the first test of the neckline while head and right shoulder should...

Shotokhan Updated 

We're currently in ETF approval FOMO for bitcoin and this pump is only due to this because the market clearly need to retrace. That red dashed line has been on my chart for over 2 years now and I see it as a reaction zone. I've left two possible trajectories according with the retracement zone. This recover is a sort of cup and according with Fib retracement, if...

Shotokhan

So far ETH underperformed in my opinion, it was left aside in a certain sense, probably because people was focused on BTC and the ETFs approval. I said multiple times that I think that will be a liquidity swipe followed by a sell the news event. Off course this is what I think (me and many others traders actually but I can speak only for me). Right after the...

Shotokhan

Everyone has been talking about Celestia, when I saw it the first time it was alread +400% I think so I opted for not to buy (and it was a mistake off course). However at this point this trend looks very stretched upward and pointed toward a pullback. As you can see the 0.786 Fib line is basically in the same zone in which there VLPR has the control line but...

Shotokhan

BOTTO is a very interesting project even for a person like me who thinks NFTs are just pictures and doesn't buy them. It combines a generative AI, NFTs and the community which governs the AI creations. To me it's really interesting because is something that doesn't works without humans and, to be honest, because I really like the pictures (yeah the NFTs) it...

Shotokhan Updated 

My initial idea was that once reached 36K area BTC would have cooled down (see that trajectory I had drawn on the chart). However there's something I've noticed over the year which is that last high during a pumping period is always with an RSI which is significantly lower than previous highs (not oversold). Check the arrow on the RSI. So if we see a breakout of...

Shotokhan

ETH is breaking out a range lasted 268 days (so far) but the volume I see is not peaking despite OBV making an HH. My personaly view on ETH before this break out was that it needed to retest the first support (green zone) but right now to be honest I see two possible ways: 1) if the breakout retests the recently broken resistance zone (purple zone) and this...

Shotokhan

The entire market is like ranged few days to cool down selling pressure and the feeling is that without serious retracement we could see another pump until BTC goes to 40K USDT and in this case, SOL goes to 80-83 USDT. As you can see RSI is not overbought anymore despite SOL didn't retrace much while OBV really didn't pull back. I personally don't like so much...

Shotokhan

I had been told of TAO when it was already over 70 USDT and I thought it would have retraced a bit to buy but instead it never really did a proper retracement and it has been on fire since then. Yesterday I noticed that what it should have been a retracement attempt really turned into consolidation (bullish pennant I'd say) which is now breaking out. Honestly...

Shotokhan Updated 

I don't trade gold but I use it as indicator of the market, however this TA could be useful for those who trade it. If you check the monthly chart it looks like in some sort of weird cup and handle although it's not shaped "by book" and could be something else. If it is C&H then price could go around 2900 USD in case of breakout but I think it's too much unless...

Shotokhan

That blue line is a level price bounced off from many times, on daily it's also a liquidity gap so I suppose there'll be a reaction there. Should price drop a lot it can go below in that zone but I don't think since SOL is among the most bullish coins around, however I proposed it as "second scenario". Moreover if weekly closes like this I still see a push forward...