$SKYAI Update π
As mentioned in my previous $SKYAI update, price has been rejected from our second resistance level.
Now price is approaching the blue-marked support level. This level was previously acting as resistance, so we could expect it to provide some support here.
The key question is:
Will price hold this level and continue ranging between support and resistance, or will it break below support and move lower?
Volume will give us the confirmation.
For now, I'm waiting for the market to show its intention rather than predicting the next move.
Price leaves footprints. Volume reveals the intention behind them.
$SKYAI Update π
Price is currently testing the second resistance level and continues to make attempts to break above it.
However, every attempt so far has been rejected with a wick, followed by a close back inside the resistance area.
The No Demand (ND) candle's high has still not been broken with a proper close.
The one or two candles that managed to close above the area so far were inside bars, so they don't provide a strong breakout confirmation.
If price fails to break this resistance with a proper close and confirmation, we could see a very sharp downside move.
For now, I'm watching the reaction closely.
No breakout confirmation = no reason to chase the move.
Price leaves footprints. Volume reveals the intention behind them
$VELVET Update π
Price had been ranging for around a month, and during that range, it created liquidity on the upside.
That upside liquidity has now been completely taken.
But here's the interesting part:
During the same range, price also created downside liquidity, and that was already swept with a single candle.
So what could be next?
At the moment, there isn't any major POI on the upside that gives us a clear reason to expect price to move higher.
However, on the downside, we have several unmitigated Daily FVGs.
One possible scenario is that price moves lower first, takes liquidity, and then starts a move higher.
But we don't need to predict it blindly.
Lower timeframe confirmation will tell us what the market wants to do next.
Liquidity shows where price may go. Confirmation tells us when to act.
Price leaves footprints. Volume reveals the intention behind them.
$VELVET is currently trading near a major support zone on the Daily timeframe. If this support breaks, the price could decline toward the $0.07β$0.08 range.
On the 4H timeframe, the price has formed a clear resistance level. It managed to break above it once, but was rejected from a higher major resistance and pulled back.
For now, the best approach is to trade between the support and resistance levels, waiting for proper confirmation before entering any position
$KERNEL Analysis π
Thereβs honestly not much here that makes the TA worth taking seriously right now.
Price has been in a consistent downtrend, while volume remains extremely low.
On the Daily timeframe, if price somehow reaches around $0.45, we could potentially see a liquidity grab followed by another move higher.
However, the probability of that scenario playing out looks quite low.
For now, there simply isn't enough volume or market structure to justify a trade.
Sometimes, the best trade is no trade at all.
Price leaves footprints. Volume reveals the intention behind them.
$COOKIE Update π
Price has dropped from our second resistance level and is now finding support around the first resistance level.
On the 1H timeframe, price has not given a CISD yet, so we can't say with confidence whether this area will lead to another downside move or if price will recover and move higher.
For now, I'll wait for the CISD and proper confirmation.
If bearish confirmation appears, a short setup could potentially target the last swing low.
No confirmation, no trade.
Price leaves footprints. Volume reveals the intention behind them.
$COOKIE Analysis π
Price is currently sitting at a key resistance level, with another major resistance zone just above it.
I expect price to potentially react from one of these two resistance areas.
If we get lower timeframe confirmation at either level, a short setup could become possible.
For now, it looks like price may simply be moving higher to hunt liquidity before the next move.
I won't blindly short resistance.
I'll wait for confirmation.
Price leaves footprints. Volume reveals the intention behind them
$BMT Analysis π
Price has made a sudden pump, and there are now two important levels above where price could potentially face rejection.
Both levels also have liquidity resting around them.
If price reaches either level and we get volume confirmation along with a clear sell signal, a short setup could potentially form.
For now, I'm not chasing the pump.
I'll wait for the liquidity hunt and confirmation before considering a short.
Price leaves footprints. Volume reveals the intention behind them.
This is exactly why I started the Premium Discord. π
I donβt want people to simply follow my analysis β I want them to catch the moves with me.
Seeing members share their own profit screenshots after taking the setups is the kind of feedback that motivates me to keep pushing. π
If youβve been thinking about joining, this is your chance:
π₯ $30 for 2 MONTHS
β³ Only ~48 hours left
π₯ First 100 members only
Real setups.
Real-time updates.
Real market analysis.
DM βDISCORDβ if you want access.
$TUT , $BLESS , $POWER , #Cryptosignals #Bullrun
This is exactly why I started the Premium Discord. π
I donβt want people to simply follow my analysis β I want them to catch the moves with me.
Seeing members share their own profit screenshots after taking the setups is the kind of feedback that motivates me to keep pushing. π
If youβve been thinking about joining, this is your chance:
π₯ $30 for 2 MONTHS
β³ Only ~48 hours left
π₯ First 100 members only
Real setups.
Real-time updates.
Real market analysis.
DM βDISCORDβ if you want access.
$TUT , $BLESS , $POWER , #Cryptosignals #Bullrun
On the lower timeframe, price has already given a CISD, and after retesting the VRB, price has started moving lower.
Thereβs a possibility that price could move toward the $0.009 level.
But this is cryptoβanything can happen. So Iβll wait for confirmation rather than assume the target will be reached.
$COOKIE Analysis π
Price is currently sitting at a key resistance level, with another major resistance zone just above it.
I expect price to potentially react from one of these two resistance areas.
If we get lower timeframe confirmation at either level, a short setup could become possible.
For now, it looks like price may simply be moving higher to hunt liquidity before the next move.
I won't blindly short resistance.
I'll wait for confirmation.
Price leaves footprints. Volume reveals the intention behind them
$TUT Update π
In my previous post, I mentioned the possibility of $TUT making a new ATH, and that we would then watch the price action for its next move.
$TUT has now made a new ATH. β
Now the focus shifts to finding a sign of weakness.
If we get proper confirmation on the lower timeframe, we can look for an opportunity to open a short position.
I'm not going to short simply because price made a new ATH.
First weakness. Then confirmation. Then entry.
Price leaves footprints. Volume reveals the intention behind them
$TUT Update π
Price has now broken through the second resistance level as well.
At this point, I'm more interested in the possibility of $TUT making a new ATH before the next major move.
On the lower timeframe, price may take retracements toward the support areas marked on the chart.
However, in my view, this move is likely to be followed by a significant downside move eventually.
For now, I'll keep watching the lower timeframe structure and volume for confirmation.
Don't chase the move. Let the market show you what's next.
Price leaves footprints. Volume reveals the intention behind the
$POWER Analysis π
As we've been seeing across the market, several altcoins are making aggressive moves, potentially to grab liquidity.
$POWER could be another one of them.
Price may continue moving higher to hunt liquidity. I don't necessarily expect a new ATH, but the move toward the liquidity could still be massive.
So don't underestimate the upside just because the overall setup looks risky.
Keep a close eye on volumeβit could reveal whether this move has real strength behind it or is simply another liquidity hunt.
Don't chase the pump. Watch the volume.
Price leaves footprints. Volume reveals the intention behind them