descending triangle is coming to an end in ERDUSDT pair. And we have a higher probability to see a huge breakout to the downside.
when breakout happens, short if you can, if not wait for a reversal bullish candle from my pointed green support areas, in high TFs like 4h or Daily and then start accumulating for the next cycle.
and don't forget to,
Plan your trades and trade your plans.
Good luck !
when breakout happens, short if you can, if not wait for a reversal bullish candle from my pointed green support areas, in high TFs like 4h or Daily and then start accumulating for the next cycle.
and don't forget to,
Plan your trades and trade your plans.
Good luck !
Comment:
price is approaching to the pivot point, tip of the pattern.
Trade active:
break to the upside is happening right now...
Comment:
it seems was a bfalse breakout. Now we'll see if those support zones I draw in the graph will hold.
bekıw 0.158 is critical.
bekıw 0.158 is critical.
Comment:
200EMA is holding for now.
Comment:
sorry for late update.
the golden pocket is holding the price at the moment. Past traded volume is weak so I don't expect a reversal soon. If we can't stay at current prices longer, then I bet 0.016 level will be our next support.
the golden pocket is holding the price at the moment. Past traded volume is weak so I don't expect a reversal soon. If we can't stay at current prices longer, then I bet 0.016 level will be our next support.
Comment:
Golden pocket did not hold.
Next major support is around 0.016 Usdt area.
Next major support is around 0.016 Usdt area.