Gm friends,
Welcome back to another edition of the Wealth Mastery Premium Investor Report.
As usual we have lots of good stuff for you today so let’s get after it!
Here’s what’s in today’s issue:
- Rekt Capital has the latest technical analysis for you on the market.
- Defi Dad has a tutorial on how to earn maximum passive LP yields with Opal.
- Jesse has a ton of hot new airdrops for you.
For any crypto related questions please comment on the website.
Step 1: Sign up using this link
Step 2: Fund your account with $100 or more
Step 3: Claim your bonus and free trade
In today’s edition of the Newsletter, the following cryptocurrencies will be analysed & discussed:
- UniSwap (UNI)
- Theta Token (THETA)
- Coti (COTI)
- Chiliz (CHZ)
- Crypto Com (CRO)
UniSwap — UNI/USDT
UniSwap has come a long way since retesting its macro market structure:
Here is today’s chart:
UNI has broken beyond this orange resistance area (which has acted as support in the early 2022 Bear Market but eventually lapsed as one).
Technically, UNI is positioned for a reclaim of this old orange resistance into new support.
After all, UNI has broken into a wide range that is represented by the orange Range Low and the red Range High at $19.22.
Any pullbacks into the orange region will constitute a retest attempt in an effort to prepare UNI for further upside into the Range High over time.
Theta Token — THETA/USDT
THETA has been on this list for a long time, mainly because it shares the same market structure with UNI and thus both were expected to perform well following their retests of their breakout patterns.
Here is the THETA chart we shared in late January:
Here’s today’s update:
THETA has rallied an extraordinary amount, essentially rallying over +300% since the retest of the top of the blue pattern.
With THETA now at these highs, it looks like a macro range may be developing (orange-orange), with price hovering at the Range Highs.
However, even though price is at these highs, THETA could still technically retest this orange boxed resistance area into new support, in a similar vein to what it did in early 2022 (green circle).
Should THETA indeed pullback for that retest of this local orange area, the retest itself could be quite a volatile one, akin to the early 2022 downside wicks.
Even in early 2022, this retest of the orange area has been a prerequisite for revisiting the blue highs at $4.41.
Let’s see if THETA performs this retesting dip over the coming weeks.
COTI — COTI/USDT
Since the January 19th chart, COTI has rallied an extraordinary amount:
Almost +380% to the upside:
With COTI’s Monthly Close inside the orange resistance here, it potentially sets itself up for a retest in this same area.
In fact, COTI has been dipping here this month, showing initial signs of a retest here.
Granted, the retest here has been volatile already but successful nonetheless.
Continued stability here would enable a challenge to break into the red-red range above.
Losing this orange area however could see price drop into the orange level below, maybe even downside wicking into the $0.10 region.
Retest here is successful thus far however.
Chiliz — CHZ/USDT
Chiliz is another coin that…
