Hi, This is iJustCoin, the one lucky trader who puts his money where his mouth is!
I was the one calling for longs from 1D Bband Basis. But this ended up not being the case. Right now we have a great opportunity to enter a short trade on the 12H TF. If we do have a pullback on the 12H we could have a nice entry point inside this Red Rectnagle. I'd short to the 12H Aqua Lower which is at level 0.024XXX right now and i'd leave a part of my position to keep running in case of deeper correction. I will share the details of the trade when time comes
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Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye! And remember this market doesn't respect doubters!
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*** Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy) Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area Red Rectangle - Selling Area
Red Line - Stop Loss Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
A mega explosion next month on Ankr? Pitchfork also shows it, but: "Most likely it takes a bit longer and does not follow it." Could you please check, what Wyckoff shows? Please!
ijustcoin
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@drindrin, i am sorry, but right now ANKRUSDT just not ready to continue its bullish pattern. 4D looks great, but 8D and 16D are too bad. The last bullish move was a kiss of death from below - we touched previous support and confirmed it as a resistance
drindrin
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@ijustcoin, Thank you a lot! It is an very old coin, but ho,ho..! (There is a reason.) When everybody was focusing on ADA from Covid Crash in March 2020 to May 2021, ADA did 140x, Ankr 340x. Explosiv. I remember the fractals showed now in Oct and later (greater) in May 2023... Now somebody (whom I follow) showed on pitchfork a mega explosion 10x possible with a notice: "(E)xpecting this to rip very hard - reaction lines should tag a potential reversal - send it. Fractal may not play out but well see - Most likely it takes a bit longer and does not follow it." We are going now downwards. (End of the year possible more downwards). Maybe in May :) Thank you a lot again!
drindrin
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Guys, there is a big surprise: SPX starts to paint a double top (while BTC 1W shows hi potencial for a dead cross MA50 with MA100). VET has its own chart/ way. Ijustcoin, do you see any big movement up on the other coins like e.g. Sushi? (I just sold Sushi at 1.61 :)
This can realy happen (although no one believed it):
blockchaincenter.net/altcoin-season-index/ Since beg Aug it shows altseason. The percentage is rising: currently 94%.
ijustcoin
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@drindrin, looking at 3D,4D and 6D VET charts i can see a possibility for the price action to rise back up to $0.03. But this will take some time. Right now 12H and 1D charts are looking bad and short-term i am going to take a short-trade.
drindrin
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@ijustcoin, Yes. But after the short-trade do you expect any sharp movement up?
After the summer break (starting always in May) the markets like to rise for a while before the red Oct...
ijustcoin
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@drindrin, i have a crystal ball, but right now it doesn't tell me about any sharp movements. I am keeping an eye on the market and always sharing the latest ideas, so you won't miss if i see it
@drindrin i noticed at the 6D chart for Vechain that it is likely to continue going down still. 3D and 4D are looking great , but higher timeframes are just not ready yet. If we have a move up that likely will be a manipulation