Stoic-Trader

Stoic-Trader

ILV Broke the descending trendline with an impulsive wave, which is now being corrected. I'll look for reversal patterns in smaller timeframes, inside the yellow zone, for long trade.

Stoic-Trader

In the 4H Timeframe, COTI has a high probability of making another higher higher for wave 5. It's just not clear if wave 4 is finished, but my primary count considers it is.

Stoic-Trader

This is my primary wave count for Cardano. Simple and straightforward impulsive wave. Wave 3 was extended (261.8% of Wave 1). Therefore, Wave 5 shouldn't go much higher... $7 would be a good target.

Stoic-Trader

In my primary count, I still expect another leg down for black wave C. The lack of RSI divergence on the recent low leads me to believe that the downtrend is not over yet. If price breaks the gray resistance zone, I'll reevaluate.

Stoic-Trader

WOO is in corrective mode, and I believe that it will target at least the 100% extension to the downside. The upside has shown RSI divergence, the downside hasn't. I'll be looking for reversal patterns in smaller timeframes to take a short trade.

Stoic-Trader

We are inside a descending channel (bull flag), and I don´t see a trade at current prices. I am watching 2 possible reversal paths: - Orange: Break of flag and retest of upper trendline. - Blue: Testing lows with divergence, with a bullish reaction and break of trendline.

Stoic-Trader

Waves still behaving according to my longer term count. As long as we stay above the purple line (wave 1 high), we can expect a wave 5 hitting at least 0.15. A break of the purple line will lead to a new analysis/count.

Stoic-Trader

I believe wave C should extend to the gray zone, where I'll be looking for reveral patterns. If we break below the previous low at 0.555, the count invalidates.

Stoic-Trader Updated 

In the 1H timeframe, I expect another leg up for blue wave 5. This is valid as long as blue wave 1 stays intact. This will form black wave 3 or C.

Stoic-Trader

My primary count considers gray wave 4 is happening as a flat correction. We are in a solid support zone, but I believe we will test lows again before going after wave 5. Ideally, I´d like to see divergence on the 4H timeframe before taking longs.

Stoic-Trader

We should be finishing black wave 4 correction for a new leg up very soon. This new upside probably won´t go much higher than black wave 3 before another correction.

Stoic-Trader

The token is correcting the whole upside that began last October. We are currently in wave C of the correction, with a high probability initial target of 5.487, which is the 100% extension of waves A-B. I´ll be watching the end of the correction closely, since price could pump from there.

Stoic-Trader

I still expect some more corrective price action to the downside, but the overall scenario is bullish. This primary count considers we are correcting the leading diagonal, and price could really pump soon. The green zone around 0.47 is strong support.

Stoic-Trader

My primary count considers a low was set in October around 200, and we´re now in blue wave 3 to the upside. For the time being, dips are for buying. I´ll be watching for black wave 2 correction, since it may give us a huge opportunity.

Stoic-Trader

The market has completely ignored the bearish divergence on the daily chart (blue lines), but at some point there should be a larger correction. We also haven´t had a lower low for quite some time. Price is currently trying to break the green ascending trendline, and a break of the purple line would mark a lower low. I'm short term bearish for a test of...

Stoic-Trader

We are still in correction mode, and my primary count considers we will still have another leg down for black wave C. Wave B is not clearly finished, and if it goes higher, we may have a flat correction with a shallower have C.

Stoic-Trader

I know it's considered a sin to be bearish with anything crypto nowadays, but I always stick by the technicals. This is what we have for BAT: A low in June 2023 without bullish RSI divergence 3 clear ABC black waves to the upside 5 clear blue waves to form black wave C Strong bearish divergence between blue waves 3 and 5 So, FOMO aside, this token is...

Stoic-Trader

I have a solid bullish outlook for XEC, with the count shown in the chart. Invalidation for this count is below 0.00003008.