DewyCandles

This was the link to m mind on btcsdt posted yesterday.tradingview.com/symbols/BTCUSDT.P/minds/?mind=tPx5kS8qQnWcD3G6u9rIXA&exchange=BINANCEThe first setup got invalidated but I am entering it again since I still have conviction based on my technical analysis and some confluence that it should still go down.BTCUSDT.P Check back on previous post where I predicted price to reach this level and now we are just here. This is the second among the 4 setup I presented and it comes with a huge 10 Risk Reward if it plays out.If it gets invalidated I will update the next entry o make sure to follow and turn on notification so you do not miss out.OTHER ANALYSISCYBERUSDTUSDJPYFLOKIUSDTFETUSDTENSUSDT

You also have to know how to check for correlation in various coins to have a clue on the direction of the trend in a particular timeframe. Such is the like of this FLOKIUSDT and FETUSDT but it doesn't stop here, there is more and I'll be showing them to you one after the other.Presently FLOKI is at the end of second phase of what I call EXPANSION, while some might call it WYCKOFF DISTRIBUTION, similar to the ENSUSDT price action Meanwhile, for the CLASSICAL ANALYST, you can get your confluence from the CHART PATTERN you're looking for which in this case is an INVERSE HEAD & SHOULDERSo what is the point exactly? the point is FLOKIUSDT is still bullish short to mid term but I must warn you, do not be like the SHEEP FLOCK (moon-boys) that herd for slaughter by setting ridiculous target because as usual, at the new expected high they will be singing their chorus again "too the moon" but that is the area ($0.0004 - 0.0005) where FLOKIUSDT will end it bullish journey and resume it mid term bear market which could even extend to long term.For more confluence, we switch to the Elliott Wave Theory and as stated on the previous analysis (see my page for context) we are still on the 4th wave (yellow) and we have to finish a 5th wave which will take us to another new All Time High ($0.0004 - 0.0005).Still more confluence, see the trendline price respected twice (red hammer icon). Now that same trend line is a good location for future re-visit plus the 110% Fibonacci Level rest perfectly well there.In conclusion everything so much align with that area ($0.0004 - 0.0005). That is where I will exit all my position on FLOKI and start looking for a bearish setup that I will be riding to the Low - Mid Optimal Level.Finally the invalidation level (stop loss) is at the red-dotted line.OTHER ANALYSISFETUSDTENSUSDTCYBERUSDTBTCUSDT$BINANCE:FTMUSDTIf you're following this chart move your stop loss up to the previous low. FLOKIUSDTTake Profit 1 soon

I told you that the new technical analysis you will be getting is going to be top notch with a touch of SUPPLY & DEMAND, SMART MONEY CONTRACT, ICT (inner cycle trading), CLASSICAL analysis and of course ELLIOTT WAVE THEORY so it can go round to fit literally everybody's style.My first detailed analysis is ENSUSDT (Ethereum Name Service).Let us start with the first phase where we see a BOS (break of structure), price created a HIGHER LOW since June, 2023. in the beginning of the second phase creating a bearish BOS then price action returned to grab the BSL (buy side liquidity) which marks the end of the second phase.For the third phase, an important question is why should we be going lower for the SSL (sell side liquidity), and not BSL to create a new ATH (all time high)? Well, looking at the major indicator RSI (relative strength index) there is exhaustion creating a STRONG BEARISH HIDDEN DIVERGENCE. The second confluence is still on the RSI but this time looking at the RSI from the beginning of this year Jan 4, till March 5, there is a STRONG BEARISH DIVERGENCE and from 24th of May to July (All Time High) another STRONG BEARISH DIVERGENCE is created and finally the overall STRONG BEARISH DIVERGENCE to top it up all is created from Jan 4th up till this moment making it the third time the RSI is screaming a bearish reversal as it keeps printing a LOWER LOW since the beginning of this year (2024).The third confluence is the CHoCH (change of character) where price creates a new swing low which sends price into the daily FVG (fair value gap) at the GOLDEN FIBONACCI ZONE 50%, setting the Stop Loss at the 618% (24.20. First ($13.02) and Second ($8.27) Take Profit too.The fourth confluence is the third phase looking like an IMPULSE. Like we are in some kind of wave 5 of wave 3.Do not take any chart I post likely as you will and should be learning from it to up your game too. I will be dropping a very detailed chart but filled with educational content. This is just the beginning.OTHER ANALYSISCYBERUSDTBTCUSDTFTMUSDTAZEROUSDTPEPEUSDTENSUSDT is down 16% from target. now stop loss is at breakeven

Let's watch this play out. A good risk reward with clear invalidation level.

Invalidation level is at previous swing low. 3 Take Profits

CAKEUSDT is 100% away from this low. The TPs and invalidation level (stop loss) is clearly on the chart.

Not much to say here other than (first and most important point) BTCUSDT is still bullish. Yes the bull run is not over yet but do not expect some ridiculous target. The most considerable target is between 80 - 90k while the extreme for me is within 91 - 120k.Look at the RSI and you will fins some similarity where the previous double top printed a strong bearish divergence on the RSI at the overbought region and we are having the same thing happening now with the RSI at the overbought region waiting to test it again for the second time.Look at the chart on the monthly timeframe and tell me what yo see. Overbought right? coupled with a strong bearish divergence. Yes that is your clue right there.Short to mid term Bitcoin is bullish but on the long run it is bearish showing signs of exhaustion.While I was away, I have been studying and improving my TECHNICAL ANALYSIS PROWESS. You will be seeing yet another improved and advance analysis from Dewy Candles.That being said many calls went under like I predicted. In fact many nuked beyond my expectation but it is all good. I will be updating everything gradually with more clarity but I can assure you, don't expect to be spoon-feed, you still have to figure out some on your own to level up.PEPEUSDT indeed reached that level (see pepe analysis on my page). those who FOMOed in at the top when I keep telling you it will go further down must have been under water now.One of the good news I'll be bringing to you henceforth is to be as calm as a still water. If you follow along and also put in the time to study the chart, you will become an ELITE in this market. You won't be chasing price, you will learn to wait for price to come to you. Another thing is high RISK REWARD RATIO RRR. Losses are inevitable but what matters is that you gain exponentially compared to what you lose and the best way to get that is learning to wait for price to come to you, learning to lay low on the HIGH GROUND getting price at discount or premium discount to sell in good profit.Another important thing to note is that you need to wipe your head off of those insane and ridiculous TARGETS. You don't want to be MOONBOYS or play it like the herd, you want to play it like the master of the game.OTHER ANALYSISFTMUSDTAZEROUSDTPEPEUSDTFLOKIUSDTPEOPLEUSDT

I have been printing on JASMYUSDT prior on the VIP channel and I think I should include you on this one. The past success rate and the confirmation bias on the higher timeframe boost my confidence on this one. It is a staggering 9.5 risk reward if played out. OTHER ANALYSIS BTCUSDT DOTUSDT www.tradingview...yQ0jl-POLKADOT/?social_toa... CYBERUSDT APEUST BTCUSDT

I don't see why ONEUSDT shouldn't make new highs from here. The double resistance must definitely hold. OTHER ANALYSIS BTCUSDT DOTUSDT www.tradingview...yQ0jl-POLKADOT/?social_toa... CYBERUSDT APEUST BTCUSDT

Other than fundamental analysis that could alter this, DOTUSDT have no business going any lower. We have been accumulating Polkadot for a while now and we're well averagely. PREVIOUS ANALYSIS OTHER ANALYSIS CYBERUSDT APEUST BTCUSDT BLURUSDT AZEROUSDT