MasterAnanda
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How long have you been in this market? You are about to embark on a journey; you are about to experience/enjoy the most sought after phase of the cryptocurrency market, the bull market. If you've been around for less than four years, you've seen nothing like it. It will blow your mind. You can see the numbers on the charts, past action and there you have your...
XRP is looking much better now. It closed four days green after a higher low but something is off. I mean, it is good you can see the chart the rising channel but I am sensing some weakness. There is zero volume. Normally, when the retrace ends and produces a higher low there is always at least a small spike in volume. But, it can happen that there is no volume...
Four weeks red! Do you really believe the market will continue moving lower? If the answer is yes; think twice, stop! Think again. Four weeks red is all that you will get you bearish bastard. Your time is over. We are taking over, the bulls are entering the game. You had your fun, you had it for a few days. You can't have it anymore, I am calling my...
Just like that Sui was red for 24 days. 24 days might not be that long but when you consider that the rise lasted 35 days, then yes, within this context it is a very long retrace... And look at the levels on the chart. Support found at 0.5 Fib. retracement. This level was pierced followed by a recovery the next day. Double-bullish signal; the recovery and the...
To put it simple, there is absolutely no selling pressure on ETHUSDT. And this is reasonable, Ethereum is now so cheap that not many people are looking to sell. Let's dive into this chart and see what we can find. Spoiler alert: I am no longer bearish on ETHUSDT. "The retrace" simply isn't a thing on this pair. There is no bearish action. Let's read the chart...
What we need to consider here is the size and duration of each move. The rise from 7-April through 12-May amounts to 64%. The retrace from 12-May to present week amounts to 24%. » So the retrace is more than a third part the size of the advance. The rise lasted 6 weeks. The retrace so far has 3 weeks. » So the retrace is half the length of the rise. Both these...
In this 2025 Cryptocurrency bull market, you should be aiming for $620 or $1,020 for Solana, $420 is the minimum. How are you feeling today my dear friend? I hope you are having a wonderful day. Retraces and corrections, they can only last so long. Solana dropped from $188 to $141 and I believe this is enough, a 24% drop (-24%). As the retrace ends, the chart...
Aave grew almost 150% in 50 days. Now the market is entering a correction phase. Not a true correction only a retrace but it is almost the same. The rising wedge is a bearish pattern. It is coupled with very low volume. The action moved out of the rising wedge; bearish confirmed. There is a local lower high and this points to lower before the market turns bullish...
What will happen in the long-term? Before we get there, let's focus on the short-term real quick because we want to know what is happening with the market now. The market offers endless opportunities. We need to take advantage of those, our edge. We have an edge and this edge is being able to read the chart. With this edge, we can time the market and increase our...
Ethereum can be seen trading below EMA55 on the 4H timeframe. The biggest volume session happened 9-May and it was red. This tells us that there is correction potential after a very strong 101.1% bullish growth wave. There are mainly three levels to consider for the correction potential after ~100% growth. 0.382, 0.618 & 0.786 Fib. retracement levels. After the...
I've been asked: Will Solana continue lower? I think it is a fair question but it is also pretty hard right now to say based on the chart, there are just too many mixed signals. For example, if we take Solana in relation to Bitcoin, it is trading daily below EMA55 and MA200, while Bitcoin is trading daily above these levels. Bitcoin hit recently a new all-time...
The million dollars question; What about Ethereum, lower or recovery? And this is truly a million dollars question because knowing the answer can make you millions. It can either safe you lots of money or it can make you lots of money. 👉 Ethereum is going lower. The 18-May low happened at $2,323, and this low wasn't challenged, the drop yesterday ended as a...
Notice here Chainlink on the weekly timeframe. This week wicked below our strong support on the chart marked by a blue dashed line, this level is the 0.618 Fib. retracement ratio. The baseline of the v shaped bottom and also the bottom formation of 2024. The retrace, bearish action, so far has been going for four straight weeks. The entire rise was five weeks...
This is not the only altcoin that has been growing strongly since early April. MASKUSDT hit bottom 9-April and has been growing since, producing a total of 210% growth. There are many, many pairs in this same situation. We've been looking at those. The crash was really strong in early April producing a huge rounded bottom. You know what I say, when there is a...
The bottom is set and once the bottom is in bullish momentum builds up and grows. Bullish momentum is now present on this chart coupled with really high volume. The high volume is what confirms the current move being real and strong. ICXUSDT daily. When they are not moving nothing can move them. But when they move they move. We have the bottom and this is good...
COMPUSDT challenged EMA89 June-4 but was rejected. June-5 ended as a red day. Today, the action is green again and back above EMA89. A close above this level and a wave above $100 is confirmed. Good evening my fellow Cryptocurrency trader—it is still early for Compound—I hope you are having a wonderful day. April-1 again, COMPUSDT tried to move above EMA55 and...
I will not bore you with too many details. I will do an analysis based on the moving averages to support my bias, bearish at this point. April 2024 tests EMA89 as support and this support level holds. This results in a bullish impulse. The impulse ends December 2024. On the drop, TSLA founds support at EMA55 monthly. There is bounce at this level and this bounce...
Today TSLA produced the highest bearish volume session since July 2020. This high volume and strong sellers pressure shows up to break EMA55, EMA89 and MA200 daily as support. Needless to say, this is a very strong bearish development. The break of this long-term support comes after a major lower high. May 2025 much lower compared to December 2024. My point is...
