Flyte-X

$BINANCE:BLZUSDT - More and more convincingly forming a flat bottomed wedge, declining volumes, with a rising probability of a breakout to the upside. HOWEVER - sitting just below the "floor" of the wedge lies a quite significant FV gap - Hence if this breaks down - look to see a reversal once this gap is engulfed. Place stops below it...

Significant moves by SNXUSDT driven by protocol decision to end token inflation - However after passing through heavy long term resistance band (Blue box) failed to take next resistance level... Since then has been in a conjoining wedge - as fails to make headway in either direction - How I'm trading this: 1) Watch to see declining volumes on a flattening baseline -> then either play the breakout (medium risk - higher possible returns) - or assume a retest of trend and buy a few pips north of it....

ICPUSDT - just broken out of it wedge, gaining volume Looking to trade this breakout - ideally on a retest of upper side of accumulation channel If it is going to retest this level - look for a failure to break recent high...No failure at recent high - moving to next major resistance, though if you're not in the trade yet you "may" get a retest of said recent high...

AAVEUSDT - in the process of breaking above a heavy long term support - if it can convincing take this level and flip to support - next serious resistances are at 132 and 157... Not trading this yet but keeping a close eye...

BLZ has been on a hell of a tear - Currently having smashed through a long term resistance at around 0.3360 and headed north to try the next at 0.3950 - didn't break and returned to the newly formed support at 0.3360... It is currently on the 3rd re-test of this support - and in a clear falling wedge / Cup Handle with falling volumes... What I am looking for is a rebound from this support to re-try for the 0.3950 resistance - if this can be flipped then heading for the blue zone.... This was tried on last daily candle and failed - falling right back to support - and incidentally forming a double top - so possible collapse of support is downside risk at which point looking at support in the 0.3000 region. So I suspect invalidation for this trade is losing support and losing the 8H 100 SMMA

FTX may be done but the ecosystem is still exigent and interesting... Long accumulation period at the bottom and little movement with the L1 narrative ? Opportunity.... FTTUSDT has been rejected from the 100 SMMA on 8h - momentum is weakening - Seeing a price collapse with resistance becoming the band between 20-50 SMMA until finding support in the blue zone, where expect to see some reversal. Options to play this: > Sell into the resistance 20 SMMA and buy deep reversals to multiply your upside on the drift down > Aim to catch reversal zone Invalidation is easy - 1-2 SD's over 8h upper band.

https://www.tradingview.com/x/6i3DkqZi/ The narrative is in - watch for a pullback to 20/50 SSMA then to continue - INJ going places fast.... INJUSDT

CHZ moving into interesting position. Long term resistance reached. Looking for either a clean break and reformation of support -> continuation long Else rejection. Goblin town

Team speaking at CosmoVerse conference in Medellin today - Expecting large moves. Narrative building for this across multiple accounts. Have just seen reclaim after bouncing off the upper band resistance - has yet to break weekly. To my mind this is a good R:R play to follow narrative. If good new - should see break of upper resistance, else comes up short and have tight SL Enjoy....Appears to have taken option 2

COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support... Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high... Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry. Certainly worth considerationNow consolidating at support.