APE shows some strength. by breaking out of the ascending triangle pattern we can buy some possitions and ride it out till the last TP. Taking profit at the TP points is recommended. SL is set on 3.29
For the first time in around 4 weeks BTC is trading up and around $18.000. The FED decision gives BTC and other cryptocurrencies room to grow a little in price again. Hodlers and traders are still not confident but volume is climbing allready. 20K might be still far away but if we break through 18.6K we can go to around 19.2K. From there we need just a little...
After a positive decision drom the FED to raise only 0,5% interest rates Markets are positive but still a little confused. Technically we broke out of the falling pennant after a Nice correction from the first wave up. We see some confirmation around the support/resistance line. New highs for the coming Months are possible in my opinion.
Bitcoin went down the last weeks due to the FTX Scandal. Despite the rumours about GBTC (Genesis) Bicoin made a nice accumulation pattern with a small breakout. If we can hold support at the $16900 level we could reach higher levels as mentioned. I am looking to sell around the $19.000 level and buy back at point number 4 which is around $17.000. Afther that we...
At the moment we are going sideways in a triangle. We get more compression to the end of this triangle. In my way of thinking we break out to the upside and are able to trade it up to the upside. My first TP will be around $6,50-6,80 after that I trade it upways further and look to the strength and the momentum to choose my 2nd and 3rd TP. No financial advice,...
Flamingo made a triple bottom on the 4 hr chart and after that broke out of the triangle. Now it made a nice confirmation on the triangle line with a nice reversal candle. This would be my 1st buy with a potential profit taking on the 3 targets I mentioned (9%, 25%, 41%) SL on 0.07
KDA is bottoming and could be ready for a new long position with 5-70% profit Entry 0,86-0,88 (laddering in) Stop Loss 0,816 Profitpoint 1: 0,934 Profitpoint 2: 1,104 Profitpoint 3: 1,20 Profitpoint 4: 1,31 Profitpoint 5: 1,49 No financial advice, for training and education only
After a nice first 1st wave up for RLC we did a nice correction to the 0.5 fib level. we are heading now the leg 3 of 5 in the elliot wave which is the biggest leg up in the 5 wave impulse strategy. a 60-80% move in the next days/week would be possible
MATIC is one of the few coins that broke out of the daily downtrend for a few months now. After some retests on the downtrend trend-line it's ready to break out. My first target will be $1.14
Tamadoge made a beautiful run from $0.02 to around $0,19 The last month. Enough reason to look how big the pullback should be. Around $0.023 we could see the bottom with an accumulation phase and a new top around $0.038. after that we were trading in a bull flag pattern which we broke out a few days ago. RSI and Stochastic are turning up at the moment. 50 and 100...
Bitcoin made a big Bearish Flag pattern from half way June till about September. We broke out to the downside and after a short periode of upside we are in a consolidation phase for weeks now. We retested the $18500 level several times and could claim it. Still we are in unknown waters and we have 2 options. We broke out of the daily trendline to the upside and...
Interesting times ahead for LUNAS stablecoin USTC. A big kind of a falling wedge pattern is playing out with a possible breakout in the coming weeks. My first target will be $0.067 which is a 80% move and when we will pass this level on the weekly we can go foreward to the $0,25-0,30 area which is a 700% gain possibility. it's worth to keep an eye on this one
Nice upside potential because we are in elliots wave 3/5 and in wave 3 we are at 1 of 5. That means to me it's not too late to buy for a 200-300 percent move. I believe Akita is running a few weeks behind his big brother Shiba Inu. I personally took some profit on Shiba last week and put it allready in Akita. Let's ride this thing up!
OMG is doing is own algoritmic pattern without correlation to Bitcoin. In my opinion and view OMG is in Big elliot wave 3 (daychart), and within this wave now started also in Wave 3. Wave 3's are the best waves to be in with the greatest returns.
After a very nice pump in SHIBA INU and a even better and healthy retrace it's time for the next leg up. Hodl your horses ;-) we are going up up up
Ethereum started in the last wave of the elliot wave theory, number 5 on monthly candles based. What will happen with the Altcoins when Ethereum surges 200% ?? wink wink
PPT did around a 88% retracement since the last high we had. In my view it did a nice big ABC correction with a very long C leg. After that we started to do wave 1 and ended now our wave 2 Correction. Wave 3 is normally the longest and nicest wave to ride. quite often its a X3 factor of Wave 1 but I rather stay cautious. Wave 4 will be a quick short pullback...
after a 69 days of correction which was 55% a better time is on the way in my opinion. we will get a breakout out of the consolidation pattern we are in now in the coming days, with retests to confirm the breakout. After that we will see some major moves upwards which brings us at the end of August or in the beginnen of September to our last High in Bitcoin. In my...