The price is testing the 1 day resistance after bounced on weekly support. If the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
If BTC can hold the all-time-high demand zone between $48,500 and $48,600 it can look to break back into the $51,000 range very quickly.
If it finds support above the all-time high demand zone between $49,000 and $49,200, it can possible look to test the supply ranges underneath the all-time-high levels.
A rejection of the drawn green trendline to the downside...
Bitcoin is forming an inverse head & shoulders pattern. I expect some bullish price action once it breaks out above the 2h Ichimoku cloud. Consider going long once it breaks the h&s confirmation line.
Hi guys.
Observing price action on ETH, which has been insanely bullish in the last 12 hours. Hope that the fib. retracements and channels are not messing up the chart too much.
Suppose it is quite clear that we have confirmed a breakout of the inverse head and shoulders pattern, as well are playing out wave III of an Elliot wave. I hope I have implemented that...
The price is testing the daily support after tested twice the 4h resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
I believe at around 9am March, 7th BNB will finish consolidating and close above its previous ATH just a day later. once it reaches ATH around $500 I believe the next consolidation will be in the range of $425. I am extremely longterm BULLISH on BNB.
Hello Traders!
BNB Is about to give a strong breakout and the good time to buy is after the breakout.
If we look in a smaller timeframe we will see it's in accumulation that is going to break the downside and it will be a final dip of BNB. This dip will touch 0.786 Fibonacci Level.
0.786 Fibonacci level will be a good level to buy but the best time to buy will...
AMC
I have been studying this chart long before the hype and missed out. I strongly believe AMC has all the potential to reach these high numbers. Based from the pattern i placed, this has a cup and handle formation. A deadly formation for the hedgies. Based from the market, everyone seems to be bullish on AMC! As more and more vaccinations become available and...
Hello Tradesr!
SFPUSDT gave a strong breakout of the previous trend and now it's in the correction phase and soon it will break this correction in an upward direction
Can play PINS both sides here depending on its reaction to the currently tested trendline (ascending dashed green line)
Price predictions are based off of supply and demand zones as well as Fib extensions.
Price movement (Blue and Red lines with arrows) isn't a a firm prediction but more of an indication of what important levels may be tested on both down and up-side.
As stated previously, The ADA BTC Pair is in a very bullish pattern. (eg the bull flag) but I found it interesting that both times it dipped to the low side out of the formation it dropped significantly and then was bought back up within a 5 minute time frame both times! This is a very good sign and I'm eager to see this develope further! Good Luck out there everyone!
If Boeing can stay away from bad news and regain the ascending channel , it should continue to test the top-side of the above channel as resistance .
My thoughts are that potential breakdowns may occur after a failure to test the top-side resistance of the ascending channel . Or after its 3rd test of the top-side resistance of the channel .
With good news...
It has broken the important support of 385 and has closed to the lower levels.
It has also crossed the trend line.
Since there was a gap from 360-383.
It is ready to fill in the gap. With overall Banknifty falling, problems ahead for SBIN
You decide!
Let me know in a comment, would love to see this shared or just push that like button if you agree.
- Try to open your entry if the price will show it according to your OWN strategy.
- Don't forget your SL
*Remember: This is just an Idea, no financial advise!
Original setup revised (see related idea "DOGE ready to get his bone! 2"). Strong price compression, DOGE just needs to break out of this pressure cooker badly, giving beautiful setups:
A) BUY STOP-LIMIT 1; TP 1; SL >> RRR 4.5
B) BUY STOP-LIMIT 2; TP 2; SL >> RRR 9
Targets are heights of the triangles projected from midpoint of the local range (BUY...
Hello everyone, analyzed the FTM/BTC pair
Honestly, well, I not like to open positions in such triangles, because there is a possibility that this triangle can be broken down impulsively.
I will be able to open the entrance to the position only after breaking one of the borders. And after confirming the theory that this triangle is broken by the real volume, you...
