$TAO TAO has smashed through my yellow box & invalidated it. It’s because CEO of Anthropic, OpenAI & Elon Musk are raising voices to slow down the development of AI. It’s bearish for short term. That's why, we see a sell-off on TAO.
But I think, AI development can't be slowed down. Because China disagreed with this and they'll continue the development in full scale. USA doesn't want to fall behind China. So, I think the development will continue.
According to the chart, TAO needs to consolidate here for some times. It's finding support on 1D 50MA & 1D 100MA. Consolidating inside the white box is bullish. I will suggest you to start buying here.
Today is FOMC. So, wait for the result & then step in. Best of luck.
$ETH ETHBTC is still in an uptrend. The uptrend is not broken yet.
On 1D tf, 1D 100MA is on the verge of crossing over 1D 200MA, which is bullish. This indicates that ETHBTC still has some fuel left. My first target will be that red box.
ETHBTC bullish means altseason goes on. Hold the strong alts. They are going to pump hard when BTC pumps. Be strong.
$GIGGLE I told you in my post not to buy GIGGLE. The thesis behind this was (check 1st screenshot) it’s getting rejected from my red box. In that post, I forgot to add the green box and that's my fault. Sorry for that.
However, GIGGLE invalidated the red box, pumped 12% more (check 2nd screenshot) and then dumped from it. It also gave a triple tap on those highs which is a reversal sign. As long as GIGGLE doesn't give a daily candle closing above the green box, it’s going down below $26. This means it'll retrace the whole pump which we've seen many many times in this cycle in many charts.
On 1D tf, GIGGLE has broken down the 1D 50MA (check 3rd screenshot) and is getting rejected from it. Next, support is at 1D 100MA & 1D 200MA. If those two are broken, then it'll go full bearish mode. Please be aware of it.
Look at the power of Fibonacci. I drew green box for you & told you many times what it does. It has served its purpose perfectly so far.
I gave you the analysis when BTC.D was at 60.01% and yesterday it hit around 59%. BTC.D went down around 1.5% which fueled many alts to pump 30% - 50%. Just think what will happen if it hits its full target, which is at 57.2%.
It has broken down the first support line like butter, which is now a resistance. Currently, it’s close to the second support line. A pullback can happen to retest the first resistance line. It looks like a Head and Shoulder pattern to me. It’s still very early to say but let's see what happens next.
I gave you my first post on ATOM when it was around $1.3 & it made a good comeback from that zone. Then, on my second post, I showed you potential Inverse Head & Shoulder pattern and from there, it gave 26% profit. Depending on your entry, you should've made around 26% - 53% profit. Congratulations. Now, book your profit and enjoy your moments.
First path I've shown is fully completed. Now, onto the next one - THE EXPANSION
$TAO Guys, I was expecting TAO to follow my red path. But bulls stepped in & made a great comeback proving me wrong. That's why, I clearly told you (check 1st screenshot) to enter only after the confirmation.
TAO has broken out (check 2nd screenshot) the downward trendline. TAO is also holding the white box very well. That's the first sign of strength. For this, I've removed my red path & now I'm looking for entry. I've put the Fibonacci tool and drawn two boxes which are ideal zones for entry. As long as it’s above the trendline, buy it inside the two boxes. Book profits inside the green box & full target will be at $485
TAOBTC is also bullish but need some retracement since it’s just made a good green candle. I've put the Fibonacci tool & found that the yellow box is invalidated which makes the next possible reversal zone is the white box. If that box holds, then TAO is goimg to outperform BTC soon. Till then, patience.
$ORCA Since I'm expecting a good comeback on SOL, let's talk about the SOLANA ecosystem. ORCA has a very good potential to pump in the coming days.
On 1D tf, I've put the Fibonacci tool (check 1st screenshot) & drawn a white box for you. ORCA has been respecting this box since it touched it. As long as it’s above the box, there's high possibility of it being visit above $3. ORCA has reclaimed all the important MAs on 1D tf and also taken support on an upward trendline.
Coinbase Legend is showing (check 2nd screenshot) that there are some high liquidations at the $1.7 zone. We've seen many times that liquidations are often grabbed by the market makers. I am expecting ORCA to visit that zone soon.
Liquidity Heatmap is also showing (check 3rd screenshot) that high levaraged shorts liquidity are to the upside than the downside. So, that’s our first priority zone for profit taking. Don't be afraid of short term noises. Zoom out & enjoy.
$PENDLE If you ask me to mention one coin that I'm most bullish on, then I'll answer the coin is PENDLE.
On 1W tf, you can clearly see that it has successfully reclaimed the 10th October low (check 1st screenshot) as well as 1W 50MA. As long as it’s above this MA, it will test the 1W 100MA and then the 10th October high. I've drawn my white box which will send it towards the $2.6 area if it holds.
On 1D tf, it has reclaimed all important MAs (check 2nd screenshot) and the legendary bullish cross is also completed. Currently, there's a pullback happening. So, I've put the Fibonacci tool & drawn my yellow box from where I'm expecting it to continue the pump. Don't forget to buy it there.
PENDLEBTC chart is also bullish which means it's going to outperform $BTC in the coming days. It has reclaimed all important MAs as well as respecting my white box. 10th October low is taken, reclaimed and my white box is still holding. The downward trendline is broken and now it’s being retested. If the retest becomes successful, then 10th October high will be next. So, be prepared.
$BTC Guys, I have a very bad news for the BTC bulls. If you're a BTC bull, you should be very concerned here right now.
On 1M tf, BTC is showing every sign of another major crash. It’s touched the resistance trendline thrice which is often termed as triple tap. Triple tap is a reversal sign. so, i think the mini bull run is over here. From that triple tap, BTC has been going downward.
In the screenshot, you can clearly see that BTC has completed an Head & Shoulder pattern, broken down it’s neckline and now coming back to it to retest. Bulls must close a monthly candle above the neckline or it’s over for them. Rejection from here will send it to the lower liquidity box which is sitting around $37500
Full target of this pattern is around $43000. So, I'm expecting the bottom should be around this zone. Keep this in your mind & trade accordingly.
$4 I gave you a perfect entry of $4 & it has pumped more than 129% since then on spot. Full target of the Cup & Handle pattern is completed.
Currently, it’s getting rejected from the 10th October low. There’s two liquidity boxes below the current price. If it’s unable to break the 10th October low, then there's possibility of visiting those boxes. So, I've closed my full position on $4
$4 It's BNB season, baby. So, look for BNB ecosystem coins that haven’t pumped yet & my full conviction is in favor of it.
The chart is looking similar to the $TUT chart before the massive pump. It's making a Cup & Handle pattern and currently under the neckline. Breakout of it will be very bullish for it.
I've put the Fibonacci tool & drawn the yellow box for you. As long as it’s above the box, it should continue the pump. The invalidation is closing below the yellow box. Then it will go straight to my white box (will show you later). It's also taking support of the trendline. So far, bulls have the upper hand. Let's see how it goes.
Just as I expected, BTC.D has been consolidating inside my green box for 10days. This box is meant to be a consolidation box and so far, it has served its purpose.
I've drawn support & resistance trendline for you. Watch closely those levels & trade accordingly. Remember, BTC.D bullish means alts are bearish and vice versa. Best of luck.
$PEPE Guys, I've clearly told you in my last PEPE post (check 1st screenshot) to book profits and PEPE dumped exactly from there. I also added in that post to buy again if it comes back to my white box. PEPE came back to my white box & pumped around 73%. Congratulations if you've taken the trade. Now, book major profits & use sL.
PEPE has smashed through the 1D 50MA, 1D 100MA & 1D 200MA without any retest. It has created two red liquidity boxes below. Currently, PEPE has rejected from the downward trendline. So, I'm waiting for those retests. I won't be a buyer here. I'll be a seller here of PEPE.
Successful retest will send it higher. But if it breaks through those MAs, then it won't bring any good to it. But, you must buy it again if it comes to the white box again. Till then, enjoy.
$SUI I told you to buy SUI at $0.73, gave you proper direction with invalidation (check 1st screenshot) & it has pumped 30% since then. Congratulations if you've taken the trade. Book your profits & put tight sL.
It has broken out the first downward trendline (check 2nd screenshot) and has given a fakeout above the second downward trendline. Now, it’s retesting the first trendline. I am expecting this trendline to hold for furthur pump. However, it’s still inside the white box. So, it’s still in the buy zone. The direction as well as the invalidation remain the same. Keep that in your mind.
Liquidity Heatmap (check 3rd screenshot) is showing that, there's more liquidations upside than the downside. So, bulls still have the upper hand here. Hold your coin with patience. Any dips are only for buying.
$SOL SOL bulls successfully managed to breakout the 3D 50MA as well as the downward trendline. If you've taken the trade after the breakout, you should've made around 22% profit.
Congratulations.
Book your profits since we're currently at the resistance. Breakout from 3D 100MA will be bullish for SOL which will take it to 3D 200MA. Pullback here is very normal.
I still wait for that red box to fill. Put some buy orders there in case of any black swan event. Till then, enjoy.
SOL has been trying to break out the 3D 50MA but failed twice. I'm still expecting SOL to fulfill that Monthly Liquidity Box. You can see that there's two wicks already done there and another dump will do the three tap perfectly. I'm waiting for that dump.
On the other hand, a successful reclaim of 3D 50MA with a retest will be bullish for SOL. Therefore, you either buy the breakout or the fillout. In the middle, have patience.
$BNB I warned BNB bulls to step in (check 1st screenshot) or it’s over for BNB. Hopefully, they listened to me & pumped the coin.
BNB bulls took advantage of 1W 200MA (check 2nd screenshot) which is a strong support and then pumped around 31%. If you've taken this trade, I would request you to book major profits here & put tight sL because it's currently facing strong resistance of 1W 100MA & 1W 50MA altogether. So, a good rejection from here is expected and normal. The plan remains the same. Break the neckline and come back to $250. Take support of both 1W 100MA & 1W 50MA and continue the pump.
Liquidity Heatmaps (check 3rd & 4th screenshot) on 3M & 1M tfs are showing that majority liquidity has been taken out. Little liquidity remains at $750 but major liquidity is below $600. Therefore, trade accordingly and be safe.
I've warned you about the Head & Shoulder pattern on BNB. Currently, it’s going exactly as I mentioned in my previous post (check 1st screenshot). Right shoulder has been formed. Now, BNB is in the neckline. Bulls need to step up here. Otherwise, it’s game over for BNB.
Breaking down of the neckline will directly send BNB to $250 zone (check 2nd screenshot) which will fill the red box. Will Bulls step up here or they lose the game here? Let's see.
Guys, this is one of many reasons why I'm expecting a pullback on $BTC
USDT.D has printed a massive red candle on 1D tf which has created two liquidity boxes. I've drawn the upper box for you. If you've been following me, you know what liquidity boxes mean. They work like magnets. So, I'm expecting USDT.D to pump till the red box only to dump later. There are two trendline supports from where USDT.D should bounce. Combining these situations, I've drawn a path indicating what I'm expecting ahead.
Remember, USDT.D pump means BTC dump and USDT.D dump means BTC pump. Trade accordingly.
$XTZ This is why I love spot trading. You won't lose until and unless you sell it. If the project is good and your analysis is solid, then your target will get hit.
I have shared XTZ analysis multiple times. It has given us multiple rewards. The latest one is 20% pump. Yes, it went a little lower but it was to liquidate those long positions. It was programmed to go higher & it did go higher liquidating those short positions I was talking about.
You're welcome. Book your major profits and put tight sL.
I gave you my white box. Then I showed you the liquidity zones that work as magnets. I've shared multiple posts for you to buy this coin. This coin gave you enough time to buy. Then all on a sudden, boom! It has printed 5-10% profit so far according to your buy zone. With that pump, I booked profit yesterday. Now what am I expecting from it?
Well, after a pump, there's always a pullback or a correction. Pullbacks are good but corrections are not. Now, I've put Fibonacci tool & put the yellow box (check 1st screenshot) for you. I'm expecting the continuation of the pump from that box. Why? Because that's the exact point where 1D 20MA, 1D 50MA, 12H 50MA, 12H 100MA, 4H 100MA, 2H 20MA & 2H 200MA lies. All of these were resistance that has now become support. So, as long as they hold, XTZ should pump.
I also gave you XTZBTC analysis which is working as planned. The double bottom formation probably is working. Currently, 1D 50MA (check 2nd screenshot) is working as resistance. When it’s become support, we can see more pumps coming on the way.
Liquidity Heatmap (check 3rd screenshot) is showing that some of the upper liquidities have been taken. Now, let's see whether XTZ takes the upper liquidity or lower ones. I'm expecting the former one. A small 5-10% pump from here should do that perfectly.