Savvythe1

DOGE When will the lift off be? Possible 424% gains ahead? Hello Traders, For you and for some others it may not seem like we have hit a bottom yet in these markets. For me and my opinion, it seems as we have. This is a simple low leverage trade or a spot trade. The smart thing to do if you wanted to enter on this trade would be to enter with 50% allocation at the entry zone area at .06722 and hopefully, get a larger pullback without a new low allowing you to add an additional 2 entry points inside the "SPOT/3x LEVERAGE ACCUMULATION ZONE". This can be your choice as I would wait until price action actually entered this area prior to setting a hard entry and do a top down analysis once or if that day comes. Thanks for the read and would love to hear your helpful and thought out options with some TA in the comments, Savvy

Hello Traders, If you have been following the recent brute force take over of Twitter you already know that Elon with a plan in hand will accomplish his goal. That said, we ironically have a huge technical pattern to break the news of his accomplished purchase of TWTR. It is quite obvious that Musk has plans for crypto and has been a bullish advocate for DOGE a long time running. Many rumors across the board have said many possibilities for the crypto now that Elon will be the head of one of the most widely recognized social platforms in the world. Something also to note is the Inverse Head & Shoulders pattern which indicates a reversal of a downward price trend. It will be interesting to see that happens over the next few months both with DOGE and many other coins along the way. Have a green week!Savvy

Hello Traders,Here is an idea on MTL. The price action seems to be breaking an important trend line here and could be ready for a nice impulse move. What you are looking for here is some volume to come in to make the upward movement a more likely scenario. Worth a peek. Of course do your own research but, here is an idea to help and some fundamentals below. P.S. I have posted a few of our private trades in the related links for you guys. Have a green week!Savvy--------------------------------------------------------------------------------------------------------------------------------------------------------------------------FUNDEMENTALS MTL Price Live DataThe live Metal price today is $1.63 USD with a 24-hour trading volume of $30,566,597 USD. We update our MTL to USD price in real-time. Metal is up 3.81% in the last 24 hours. The current CoinMarketCap ranking is #367, with a live market cap of $108,833,600 USD. It has a circulating supply of 66,588,888 MTL coins and a max. supply of 66,588,888 MTL coins.If you would like to know where to buy Metal, the top cryptocurrency exchanges for trading in Metal stock are currently Binance, Hotcoin Global, Mandala Exchange, FTX, and Gate.io. You can find others listed on our crypto exchanges page.Metal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL.Additionally, Metal Pay users pay substantially less fees when buying other cryptocurrencies if they also hold MTL, with 0% fees offered to anyone who holds 10,000 MTL. Created with the goal of being highly useful and advantageous to hold, MTL has fueled Metal Pay and allowed it to become one of the few FDIC-insured on-ramps to cryptocurrency in the United States.On the Metal X exchange, users can reduce fees by paying the fee in MTL. Additionally, users can receive loyalty benefits for holding MTL inside the exchange.Metal (MTL) is currently a cryptocurrency token that operates on the Ethereum platform but it will become available on the native Metal blockchain: Proton. Launching MTL on Proton will open new on-chain utility possibilities for MTL

Hello Traders,There is some news today in the case against Ripple. To put it simply the Judge in the Case has denied the SEC's motion to throw out Ripples Fair Notice defense. This should give the bulls some power to potentially get the price action above the current resistance zone in the red. With an impending weekly MACD bullish cross coming this couldn't have came at a better time. Watch for the price to break this zone and retest it as support in the coming week. Have a green week!Savvy

Hello Traders,Previously we went over an analysis on XRP coming to a major resistance zone. As you can see here we have pulled back from this area and now have bounced off of the lower support zone after some consolidating. That consolidation seems to have formed a bullish flag continuation pattern in which has a target that would shoot the price action above the resistance area shown on the chart to $1.16. It is very possible on this attempt to break up over the resistance zone for multiple reasons. The first two are technical reasons and the first being the Bull flag structure that is forming in the consolidation the price action is currently in. This being a continuation that generally extends the same length of the flag's pole stacked on top of where the price action breaks out of the top of the flag it is largely bullish, the second reason is the more times a resistance or a support for that matter are tested by the price action knocking on its door to break through, the more likely it will eventually do just that. I generally look for 3 or more attempts to see a break, which leads us to the third reason I see the resistance being broken through and that is a fundamental reason. That reason being in regards to the SEC case against XRP seemingly coming to an end and favoring Ripple the company responsible for creating XRP. If this SEC lawsuit against XRP is dismissed I would expect this to be very bullish for not only XRP but, also for many other cryptocurrencies as it would set a lot more clarity on laws that have not yet to be made in regard to this sector. Regardless, this coin has been highly suppressed from this suit and if won would be re-listed on all major exchanges being that it still holds weight being in the top 10 when it comes to market cap of all other coins XRP is still 6th largest market cap albeit knuckle deep in a lawsuit with the US government financial watchdog headed up by everyone's "favorite" Gary Gensler. The listing of this coin on major exchanges alone would give this one a nice pump, along with the case being dropped and XRP's already set in stone Major partnerships with financial institutions such as Santander (USA) Canadian Imperial Bank of Commerce (Canada) and Kotak Mahindra Bank of India just to name a few would most likely cause a utility pump due to these world banks "flipping the switch" as stated by Brad Garlinghouse and the Ripple team referring to the readiness of the utility of the XRP technology to be implemented with the banking services of their many world bank partnerships. Between the technical and fundamentals on this one, I am excited to see how high it can go. I personally am looking for targets at $6,$28,$64 and even into triple digits by the end of this year. I implore you too do your own research on what XRP has set out to do, what the implications of a win in this case will do and what the outlook of the price may be after it is all said and done!As always, have a GREEN week!Savvy

Hellow traders! Here’s a quick idea with a few tips on entering the trade. Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on its third swing to the bottom support trend of the pattern. Waiting for a closed candle and another bullish candle to appear in this area will grant you better win statistics purchasing here. This entry presents the best gain potential but, will most likely hinder your win rate. The second entry point is the breakout area, to me this is one of the more risky plays as you can see here there were multiple wicks crossing out of the upper trend followed by a swift reversal in price action. The best play to take this entry is to wait for a decent time frame to close a candle outside of the pattern. 2hr at very least but, I like to look for a 4 hourly candle. This entry is the riskiest imo, due to the fake outs, the lessor of the 3 entries when it comes to profitability and larger risk compared to your reward. The last area to enter is the retest area. This is arguably the best area to enter a trade. This one takes patience but, will pay off in the end as a few things happen when you wait for the retest. First, you will see the price breakout of the pattern which in this case is in a downtrend, making a higher high then giving you the first sign of a trend reversal, all you need next is a higher low. Which comes when you have the retest at the top of the pattern. When the price comes to retest you want to see bullishness within the candles structure, which confirms that other market participants may be in the same direction as your trade and has a higher likelihood of success. Have a Green week and pray for all of those displaced in the dispute in Ukraine! SAVVY

Hello Traders and Happy Valentines Day!I hope you all enjoyed the Super Bowl game! I am from Detroit so this was great for me as it is probably the closest we will get to seeing a Super Bowl! Thanks Stanford, you deserve it! Analyzing Loopring we are hoping to see a formation of an ascending triangle. The last swing down presented a small amount of bullish divergence on the MFI on a daily time frame which often sends the price in the opposite direction reversing the trend. Of course this is only possible if the lower ascending trend line holds and price bounces from this line growing above the top resistance and holding it as support. Trading this pattern you’d want to look for volume growth of buyers coming in every time the price bounces off the lower ascending line. You can enter this trade in two areas. Both labeled on the chart. Entering at the bottom of the structure at the first labeled entry will get you a greater risk to reward within the trade. Adding to your trade after the break of the upper resistance is how I generally approach this pattern. One thing to note is this pattern will often present a false breakout of the top of the pattern as shown here. Keep this in mind when measuring the target which is just the distance of A to B added to the top of the pattern when and where the price breaks out. Generally this pattern is a continuation pattern yet, can be found in reversals also. Best luck with this trade and I hope this information has helped you understand this pattern better. Savvy

Hello Traders, Bag holder's and Mewn Boys,After a long downtrend since October it seems as if we are finally coming to a draw at the downside. As you can see Tezos Has been in a bullish Channel since back in October of 2019 topping at its most recent high above $8 in October of 2021. Starting the year off in 2022 the crypto space has not gotten off on the right foot yet, I see a beautiful ending to 2022 regardless of what happens in between. Don't let the rocky road take your eyes off the prize that crypto and Bitcoin were made for just such an occasion that we are currently in and surely Crypto did not just show up and pass out early at its own party. As XTZ reaches the bottom of this channel we can see that the relative strength index has entered an area in which 4 times in the past has called the bottom right before a large rally to the top of this channel. I hope you enjoyed todays Technical Analysis and would really like to discuss your opinions in the comments below. Let me know what you think about the political news in America with Biden pushing regulation on the crypto space and what you believe the impact of this will be. Clear your head of the noise and read the story the chart is telling you.Savvy

Hellow traders, Quick perfect head and shoulder set up on Woo. This can be found on bybit. Have a green week!Hope you caught this one!

Hello Traders,Just wanted to make a few points here and talk about my plan for shib. As you can see Shib has been forming a descending channel for 3 full months. Which recently on the last pullback within the channel the RSI reached oversold territory. Previously back in September of 2021 the RSI also hit this same area and this indicated it had bottomed. I am looking to see if it does the same this time. You can also see some bullish divergence on the MACD. Yet, if we do see one more pullback from this area I would think the RSI would be diverged as the price action hits the bottom of the channel in the demand zone as well as the area where the trend line having a nice confluence of areas to buy, then I would enter my trade there and place my stop loss directly under this area as you can see on the chart. Have a green week and I will see you in the next analysis!Savvy