Nice and Easy Entry Point: Come in at the bottom of 10 of Newtons Wave. Ride up to the next price peak.
Newtons Wave - A Great Mystery Solved
My name is Jason and I started trading stocks, shares and crypto just under 2 years ago.
Initially I started trading IBKR , and within the first few months I made $15,000 on MMEX on the OTC markets. I had...
BAKEUSDT like many coins is currently forming a bottom.
You can accumulate in the range (for spot trading) and sell when it reaches target.
If you trade on futures, better wait for BAKE to retest lows which may not happen as many altcoins already formed their bottoms and Bake is just lagging behind.
We expect the rise in the next weeks.
same story like i posted with DODO recently, market looks healthly and after so many red weeks we should get at least one or two green one... BAKE is Binance coin and there is a chance CZ will pump it. TA is very good here. BTC must stay without any bigger drops...manage your risk
not a financial advice
Hello friends ,
In my opinion, a classic pattern has been formed with a success rate of over 70%.
It has also hit resistance 3 times and the price has returned to the top.
Buying at this price seems to have little risk.
Observe the loss limit.
Do you agree?
hello? Traders, welcome.
Notes related to this analysis :
- The downtrend has been broken and pullback has also been done
It seems to give a swing position !
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Reasons to take short
⭐️ BTC bearish trend
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Slowly squeezing down
⭐️ 3rd touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3,...
Reasons to take long:
⭐️ BTC locally bullish
⭐️ Accumulation 11 days
⭐️ Level visible on multiple timeframes
⭐️ Level is 11d old
⭐️ We are in the end of formation
⭐️ 4th touch
⭐️ No significant pullback after the last touch
⭐️ Under VWAP
⭐️ 30 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get...
◻️BAKE has updated new lows.
◻️To disassemble from the technical side: We have a level, $0.2...when fixing it, it is better to exit the position and consider another entry point.
◻️You can set a limit order for $0.21
💡 Take a 5% deposit into the deal.
◻️Stop loss? when the daily candle closes below $0.2, you can exit the position.
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$BACK is at lowest support zone and below the middle line of descending parallel channel.
🐻 if price break down from this support zone, the last support can be around $0.127.
🐮 holding this support can shape double bottom pattern and price can increase to resistance zone around $2.
Pullback to the previous uptrend
Re-growth up to the range of 1.4 to 1.6 and then falling to the base level of the previous wave.
In the 4 hour chart you can see the previous uptrend.
After falling from the highest point of the previous wave, the ascending wave of the previous wave pulse should be formed.
In the second wave, it will see price growth in the range...