dRends35

dRends35 Updated 

SHILL (Rank #1329) I partial sold as it was dumping and it was unclear what Bitcoin would do next But now Bitcoin is showing relative stability and I think it will bounce, I think it is time to buy back SHILL and continue with my higher time frame strategy. It has dipped into a support area where there is a lot of activity so I think there is a good chance...

dRends35 Updated 

PEPE is breaking out of a 3 wave correction and the next wave up appears to be underway. Not advice

dRends35

THETA Appears to be copying Bitcoin somewhat in that it has become "corrective" but yet as part of a steady uptrend. We could look at this as an ascending wedge which is typically known as a bearish pattern. The textbook will say how the wedge signals weakness to the upside and is typically followed with a break to the downside which is the assertion of the...

dRends35 Updated 

Bitcoin has now repeatedly breached all-time-high resistance and now is holding above. In the first instance this triggered a big sell off which got many bears hopefully dreaming up an instant crash scenario. But the sell off was caught by a fast recovery with buyers eating up the area. The retracement of the bounce recovery exceeded the 0.786 ratio; signalling...

dRends35

Dogelon Mars - Current Rank #333 We've seen the wild pumps in higher ranked dog coins; SHIB and DOGE both top tier coins have been ripping it. I gave you guys SHIB at the base (see "Related Ideas below) and recently it was up 430% and probably more to come there. But now money is trickling like a waterfall 😅 into lower ranked dog coins like ELON. The name...

dRends35 Updated 

For COIN I think there are 4 key details: 1) Last week's bullish momentum candle (green arrow) is not to be ignored. As I said in the video (client only); Glenn Neely's charting maxim is one of my favourites; "The fastest wave dictates the dominant trend." And that is a fast pump. 2) The RSI has so many pitfalls and if a strong pivot did print here then this...

dRends35 Updated 

Its been a long time coming but today NIO has hit my buy point after a long and devastating bear market. And its no impossible that this bear market could continue down and down but today it has hit a significant Support @$5.65 and the 0.618 retracement @ $5.55. So far today it is printing a hammer on the day chart and although that can be considered to be an...

dRends35

SHILL is a low rank gaming coin (#1043). Gaming coins have been a big winner so far this cycle. It is pumping and now into the first really impulsive phase following a prolonged correction. It can be a decent momentum buy as it is still well within the retracement area. Low rank = high risk but high reward. From here it will likely challenge the top and could...

dRends35 Updated 

HYDRA (Rank #1168) Digging around for more deep gems so I can trim off the winners and here's a coin I found. This one looks ultra volatile similar to XPR and its had a small push up of what appears to be a wave 2 low. There is a very obvious V shaped CHoCH Change Of Character and it would appear the bottom is in and this is in ideal position to buy. The RSI...

dRends35 Updated 

ILV (Rank #147) Looks like it has completed a fairly shallow 3 wave correction relative to the overall trend. Since then it has slumped back almost reaching the 0.618 Golden Window @ $83 in reflection of BTC 10% flash dump today. I'd really like it to pull back to $60 and will save some allocation for that in case we do see some significant dump action...

dRends35

NATURALGAS This is perhaps now the only major asset that we cover that I think perhaps is yet to bottom. But it looks like it is setting up for a pump. Ascending wedges are generally bearish but Nat Gas is so wild that it will often pump hard first before dumping down and down. This is a difficult call but I think that we have not yet seen Wyckoff ST Secondary...

dRends35 Updated 

When the great buy-the-dip opportunities were available for FET the bears were in song and it was oh so foolish to buy Bitcoin, let alone buy high risk altcoins. But AI coins are flying now and soon FET will make new highs. This is only a second bullish momentum candle printing on the week chart so this could go quite a bit higher from here considering how many...

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dRends35 Updated 

Highly probable Bitcoin has now bottomed. Looking for a move up to at least $174K. See you there!

dRends35 Updated 

Here's another Nasdaq stock to short in consideration that there may be a correction coming. GLYC has printed the SRP shakeout up-down whipsaw that is so often a signal that the trend has changed (as we saw with Bitcoin recently). Strong bearish RSI divergence since much lower in the uptrend could be a big clue that this will have quite a tumble. And so I have...

dRends35

LYFT This is one that "XYZ" is interested in. Its a company based in "ride sharing" - an online network of shared bikes and scooters The chart looks quite reasonable - long term bullish divergence coming in from a downtrend. The current wave up could be a Leading Diagonal that could form a higher degree wave 1 or A of an uptrend. Regardless of which, the next...

dRends35 Updated 

CLSK has recently been the strongest Bitcoin mining stock and perhaps that has to do with a move to "greener" mining. But another wild gap up today makes this trend unstable and this may become some sort of Evening Star topping pattern may be printing here. Its currently in the 1:0.618 extension "Golden Window" (up to the 0.786 overshoot ratio) and if it pivots...

dRends35 Updated 

Is looking bearish in the short term here ahead of Earnings. Notice we had a bearish upper wicked candle (first arrow) to complete the bearish ascending wedge and it recovered to print another wave up that has seen heavy sell pressure with a long wicked Shooting Star (arrow) and now a bearish momentum shakeout (arrow). So the current chart pattern for this area...

dRends35

Is printing an Evening Star candle formation on the week chart, so its potentially ripe for some bearish action post earnings and we may even see a significant pull back. Could be some wild whipsaw, but this looks odds on to go lower. Not advice.