Hello Future Millionaires!
What's happening cryptonaughts?!?! How is this bull run treating you? Stackin' that crypto?
#metoo!
If BTC starts closing 4H below the bottom side range support, I'm looking for a short to the 0.618 Fibonacci, which has confluence with prior resistance from the last breakout and the 4H 200EMA.
If BTC drops, I believe there is a very high chance BTC will drop down to around $20K, probably with a quickn3ss!
Let's get this crypto! ❤️
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
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Entry: 22360.0
Entry Zone: $22,100 - $22,750
T1: 21835
T2: 21500
T3: 20875
T4: 20500
T5: 20000.0
Stop: 23116.5
--
R:R: 3.12
Risk: 3.38%
Reward: 10.55%
Leverage: 10X
Leveraged Risk: 38.8%
Leveraged Reward: 105.5%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
What's happening cryptonaughts?!?! How is this bull run treating you? Stackin' that crypto?
#metoo!
If BTC starts closing 4H below the bottom side range support, I'm looking for a short to the 0.618 Fibonacci, which has confluence with prior resistance from the last breakout and the 4H 200EMA.
If BTC drops, I believe there is a very high chance BTC will drop down to around $20K, probably with a quickn3ss!
Let's get this crypto! ❤️
---
Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Entry: 22360.0
Entry Zone: $22,100 - $22,750
T1: 21835
T2: 21500
T3: 20875
T4: 20500
T5: 20000.0
Stop: 23116.5
--
R:R: 3.12
Risk: 3.38%
Reward: 10.55%
Leverage: 10X
Leveraged Risk: 38.8%
Leveraged Reward: 105.5%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
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