WallStreetTrendResearch

$PI It seems that all the comments posted now are being blocked. A week ago, I mentioned that there might be a trap before the rise. The two significant upward movements on the left had trading volumes around 1.5 million. Yesterday, I wrote an article mentioning that a decrease in volume to about 1.5 million is basically the bottom. The $0.170 is the bottom platform from $0.17 to $0.29 on the left.

$PI Following the overall market trend: Before PaiCoin becomes open source and develops a truly usable ecosystem, its trend will still follow the broader cryptocurrency market led by Bitcoin. This is something I've been observing recently. Currently, the intraday upward movements are mostly synchronized with Bitcoin's surge, including Dogecoin, Bitcoin Cash, and PaiCoin also rising. If this continues, it will create a vicious cycle. Exchanges don't hold many coins, so large funds aiming to manipulate the market for short-term gains—whether to short or go long—is quite easy. So, making money is

$PI HODLing: The overall market trend is within expectations. The key now is to hold steady above $0.18, which is necessary for a potential rise. From the daily chart perspective, the upward demand structure is not yet satisfied, and the pattern may still experience fluctuations. But there's no need to worry about holding coins bought at $0.173, because from the monthly chart perspective, an arc bottom pattern is likely to form.
From the 4-hour chart, the two MACD lines are about to diverge, as the previous 2-hour MACD has already started to separate above the zero line, indicating an acceler

$PI Grinding away: I haven't posted any content for a few days, and honestly there's not much new to write about. But seeing today’s opportunity, I wonder how many people have seized it. Although I didn't buy at the lowest point today, I was still able to purchase some at $0.1724. I mentioned earlier that if it reaches $0.173, don't miss the buying opportunity—buy even if you miss the perfect point. On the daily chart, the upward trend hasn't completed its cycle yet. I also told you before not to take out loans or borrow money; use spare funds for investing, as there will be good returns in th

$PI Reversal: Now there is divergence on the daily chart. Divergence can cause the original trend to reverse. Simply put, an upward trend turns into a downward trend, and a downward trend turns into an upward trend. There are two types of divergence: top divergence and bottom divergence. Top divergence occurs when the price makes a new high but the indicator does not rise higher or even moves downward. Bottom divergence occurs when the price makes a new low but the indicator does not make a new low, or the price does not make a new low while the indicator moves downward. Based on the weekly, m

$PI Digging a hole: The previous article mentioned that a stable range will inevitably lead to a choice of direction. I also said that whether it moves up or down first, it will ultimately form an upward trend. Why am I so sure? Because both weekly and monthly charts are showing an upward trend. According to the principle that smaller timeframes follow larger ones, the result will naturally be upward. Today, after a pullback, I dug a trap, and most people are quite panicked. For experienced traders who have been through many battles, this is a golden opportunity—an ideal trap before a rise, sh

$PI Boring: Right now it's like a turtle lying flat without moving, with just these minor fluctuations. Frankly, there aren't many people trading short-term, so we're seeing trading volume shrink. However, this is a good thing. Once consolidation reaches a certain level, it will inevitably choose a direction. But whether it goes down first or up first, the final result will definitely be upward development because from both weekly and monthly perspectives, it needs to go up. I found a coin in spot trading that's performing the best today. When this type of pattern appears, it will pump very w

$PI The market continues to show bullish sentiment—follow the trend and trade with the right people. Current volume is around 4 million, which represents a contraction compared to the left side. Volume contraction without a drop indicates successful bottom formation. As mentioned two days ago, the current bottom is approximately around 0.190 USD. The price is still in a consolidation phase, as in most cases the price tends to move within the Bollinger Band channel. We've been waiting for the 12-hour channel to form, and there are already signs that it's about to emerge.

$PI The nearest resistance level above is currently at $0.21, followed by $0.23, $0.26, and $0.30 as resistance levels. On the daily chart, the $0.20 level is at a point where it could go either way. If the daily candle closes in red at 8 PM today, then it will be three consecutive bullish candles, which is a good omen (three yang candles signify good fortune). However, based on the upward speed of the 5-day moving average, there won't be a rapid increase in the short term. According to the trend over these three days, the bulls are likely to continue pushing higher because even if there is a

$PI Market is about to bottom out

$PI Continuation: The adjustment is ongoing without an end. The bears are pounding me hard, smashing until the bulls completely stop fighting back and then they'll ease up. Right now, the daily chart hasn't shown a stop-fall signal yet and the downside space isn't exhausted. Why is it being smashed this deep? The $0.3 resistance is just too strong. Multiple breakout attempts have failed, so this time they're going to smash it hard and finally use four ounces to move a thousand pounds to challenge the $0.3 level.

$PI Adjustment continues: Being able to hold steady at $0.20 today is already pretty good. Next, we need to hold steady at $0.23, then $0.26, and eventually break through $0.3. Let me briefly explain the $0.2 position since some people might have missed it—it's the bottom of the previous large box range, which is a box range from $0.2 to $0.3 where the price has basically been moving within this space. As I mentioned before, the trading process of ups and downs means the price rises where there is support and pulls back where there is resistance. The adjustment is expected to take another 2 w

$PI Wait: Be patient, the adjustment will take at least about 2 weeks. The daily chart will signal the end of the adjustment when a medium to large bullish candle of over 5% appears. Currently, the price is around $0.197 at the daily midline, and on the 4-hour chart, the downward momentum has weakened somewhat but has not yet fully reversed. When the last large bullish candle appeared on the daily chart, I mentioned that the 5-day moving average had already diverged, and now the 10-day moving average is also diverging. In terms of angle, it should be at this midline level. So, this rapid decl

$PI Low buy: No need to wait until 8 o'clock close to analyze anymore, the market trend is already very clear. The 0.3 USD resistance is still quite strong, and we couldn't break through even with a volume close to 25 million. I think it will reach the previous large box bottom at 0.2 USD. The previous large box ranged from 0.2 USD to 0.3 USD. A large bearish candle appearing on the daily chart means adjustment is inevitable.

$PI Hold tight: The daily chart is showing strong momentum right now. As I mentioned before, we need at least one daily candle with a gain of 5% or more for the uptrend to be powerful. Today's 8 o'clock closing candle looks good, and there's direct net inflow as well. The weekly chart structure is also quite favorable—once we break through $0.27, the upside potential opens up. Looking at the weekly Bollinger Bands, they're about to expand. Stay firm and hold your positions. Breaking through $0.3 is when the real major movement begins—at minimum, we're looking at a doubling scenario. While my

$PI Don't chase highs: I originally wanted to write this before 8 o'clock, but I actually made the judgment a few days ago. After thinking about it, I decided to wait for the daily close at 8 o'clock to write. A few days ago, I mentioned that this kind of daily chart pattern makes a big rise unlikely, and since the weekly moving averages are all together and the daily lacks enough momentum, the weekly space won't open up. Look at the 5-day moving average on the daily chart below; it has already started to turn downward. The 5-day moving average is the attack line.

$PI Bullish: The daily chart is showing strong oscillation. My biggest concern is that one of the 8-hour lines finally broke above at 20:00, which is the one I circled below. Now, from the daily to the hourly level, the trend is basically upward, so it should go up. Keep holding onto your positions.

$PI Don't chase highs: buying low and selling high is the way to go; chasing highs can ruin your life. The market didn't rise as I mentioned yesterday evening. From the daily chart perspective, it is still in a strong correction and hasn't dropped much. As for why it didn't move as I predicted yesterday, it's because the buying momentum is insufficient. Additionally, from the Bollinger Bands perspective, I believe it will develop into a 12-hour level pattern because once the Bollinger Bands open to a certain extent, they won't open further regardless of how positive the news is. Super bullish

$PI Take a look at the 8-hour chart below. Let me share my opinion. First, the 8-hour timeframe means one candlestick every 8 hours. The fast indicator KDJ has already started to turn, and the MACD is above the zero line without showing signs of a bearish crossover, indicating acceleration. The upper Bollinger Band is widening, and the lower band is also moving upward. The price is all above the moving average line. Therefore, I believe the price will rise by 16:00.

$PI Don't panic: holding your chips, this small increase and decrease are nothing. What we want is a doubling rally. The real bullish market will only come after breaking through $0.3. The lowest price of the last daily candle is $0.20, followed by a large bearish candle that completely engulfs the bullish candle. In such cases, the third candle usually drops significantly, but the closing price of the third candle is at $0.21. This indicates that there is strong support at $0.2, which I also mentioned yesterday. Why didn't it continue to fall? Because looking at the subsequent 4-hour chart,