RektMyMom

Short trade idea for XRP. Expecting price to return to next support level available @$0.43 levels after daily candle closed below current support, coinciding with weekly close as well.

Expecting bitcoin to move back down to support following a daily candle closing below local support. Along with this BTC.D chart, clear bearish divergence suggests BTC will be weak in the coming days/weeks.

Carrying on with our series of analysis on Kadena(KDA), our search for the bottom is nearing it's end hopefully. In our previous analysis we identified a falling wedge pattern that could signal a reversal to the upside for kda, however it failed to do any good. Analysis with updates shown below(refer for context); While we now have our buy region of $2 finally, are we bottomed out yet? Referring back to our original analysis shown below, we pointed out the $1-$0.9 region to try our luck for volatility for an alternate entry; This level is in line with the golden pocket. Other Ideas: Bringing us to this point in time. KDA has broken back into its channel up, and also a rising wedge in the process. Our volatility region falls in line with the bottom of the rising wedge structure and the golden pocket. If that were to break then we simply cannot rule out bottom of the channel as a possible price target where we also have strong horizontal support. Targets will be revised if needed depending on where price finds support. If you've benefitted from this series of analysis so far, I'm happy it was helpful. If you agree, pls like share and comment your thoughts below. As always, feed back is appreciated! Bitcoin will play a huge role in determining the outcome

It's been a while since our last idea. We're looking at SAND/USDT today. In our previous SAND analysis, we predicted a drop down to these current levels and potentially further down, and we've been spot on so far as shown below: Question is will we drop further down? Well, as you can see from today's analysis in the chart above, SAND is currently trading at strong support zone, also in line with the bottom of the ascending channel. Should we close below this, a drop down to the blue zone is very much likely with 0.9 being our worst case scenario(provided the First Wave Extension Scenario confirms). In our last update we also showed that price action was forming a bullish pennant, but failed to get anything out of it. Now this support region is the last go for the bulls to make a comeback. Whilst we should average down at this level, we want to see a drop further down to preferably 1.5-1.2 region for large buys. When we see price trading within the purple zone, we will have confirmation of a breakout and ATH's imminent as seen in past price action. June 15 & July 7 dates are potential dates to watch for a bottom or for price to enter the purple consolidation zone depending on how the market responds.(Don't depend on the dates) If you agree pls like and share and comment your thoughts below. Feedback is always appreciated!😉

Chart above us is what we call a Fifth Wave Extension Impulsive move. Basically a fifth wave extension impulse move has the fifth wave to be the longest of the 3 impulsive moves to the upside and wave 3 to not be the shortest, which leaves us with wave 1 being the shortes of the three At the End of a Fith wave extension move, Price usually retraces the entire move, i.e from the start of the fifth wave to the end of it, which means we can expect a 100% retracement. However, it also says that Wave 5 always retraces 61.8% which RUNE hasnt done so far and would have us our first buy orders at the 61.8 region before even dreaming of a bottom (tho i bought some at support on the dip) We can place orders at the 0.764 fib support region as there was a lot of volume traded there, and should hold as support and as a worst case scenario as seen below Note that in a fifth wave extension, it is very important that there is no overlapping. Should note also charts like this are a reason I'm still bearish on Bitcoin. check out the Bitcoin analysis below. If you agree, pls leave a like and share your thoughts in the comments. Feedback is always appreciated.

In our previous analysis on CRO, we identified Potential buy areas and DCA zones. However, we've had a hard time having our orders filled. Not to worry as our trade idea is still on track, UPDATE: From the chart above in this current analysis, we can clearly see CRO in a channel up. Notice that after price touched channel resistance the first time out, we took a lengthy retracement back to support, however this was only confirmed after closing below the 360 Daily Moving Average(Blue Line). We touched resistance for the 2nd time and we can expect our buy orders at the 360 daily MA (in-line with out first horizontal support). Also notice that after touching the 360 MA, we retraced further down to hit the channel support at least approx. 40% each time. Should history repeat itself, we can have our bottom below the 360 Daily MA. (I however expect the bottom to be at the W2 support region) BUY ZONE 1- 360 DAILY MA/1ST HORIZONTAL SUPPORT BUY ZONE 2- 2ND HORIZONTAL SUPPORT BUY ZONE 3- W2 HORIZONTAL SUPPORT BUY ZONE 4- CHANNEL UP SUPPORT REGION.

In our last Venus analysis, we talked about how price could drop all the way down to the 61.8% fib support level as shown below Now that we have reached that level, the question is what happens next? In addition to the Uptrend channel we constructed last time, price managed to sneak in a downtrend channel as well which went unnoticed in our previous analysis. A safe entry would be to wait for price to break the downtrend channel back into the uptrend channel and make a retest before buying, or to wait for a 2nd test of support of the downtrend channel ifyou havent gotten in already. We also added an update to our original analysis citing that we could bottom at the 123.6 fib region with the 161.8 being the worst case scenario as shown below Have your stops below the 161.8 region and HODL First target- Previous ATH 2nd Target- 1.382 fib resistance 3rd Target- .1.618 fib resistance If you agree pls leave a like and share your thoughts in the comments as well Always manage your risks.

In our Last KDA analysis we correctly predicted the sell of down to its current levels which was our DCA zone as shown below In this analysis, we will look at the thigns required for KDA to meet our desired buy target of $2-$1.95 Still in it's correction phase, looks to be a gearing up for a wave correction of the downward 5 way impuls move. Should this be the case, KDA could see prices of $8-11 before take a turn for our $2 dollar price target completing the impulse move down. However, A close well above the upper green resistance and a succesful retest as support would invalidate our analysis. Price Targets of $40-50 & $85-150 remain unchanged. If you agree with pls leave a like and share your thoughts in the comments. Feedback is appreciated.

Been a minute since we last published an idea. Today we consider the pair WAVES/USD From the chart above we can see that waves is in a corrective phase (wave 2 to be precise) and it appears to be either a flat correction or an irregular correction. Two areas to watch out for are the two green zones highlighted for a reversal. Price targets from either of those zones will be the 1.236 fib resistance as a takeprofit zone, and the 1.618 fib resistance as the main target. Pls share your thoughts and ideas in the comments section Also leave a like if you agree.

In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars. Today we will be talking about higher targets in our re-analysis. Visit the previous analysis for inights(will also be linked below) As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch Currently in a larger degree ABC correction wave (wave 4 correction wave) we can see that price hasn't yet touched the 0.618 fib level of our wave AB, which should be the first step to determining which type of correction we're currently in. Wait for price to come back down to the .618 region before making any buys, and wait for the touch of the channel support before going long. If you agree leave a like and share your thoughts and views in the comments. Feedback is always appreciated.