Confluence of S/R Zone, Fib Level and Falling Wedge 🧐
Hey fam, we are trying out a new color scheme. Let us know what you think in the comments. FTX has seen some really bullish news recently between getting added to Coinbase Custody and launching FTX US. While having its leveraged tokens being delisted from Binance was a big blow to this up and coming exchange, there are still plenty of reasons to be bullish on...
You must get support at the critical point, 1.960. Also, you need to touch the rising trend line and see if you can ascend. ------------------------------------------ All coins are located at attractive prices. However, depending on the movement of BTC, careful trading is necessary.
It fell after updating 'New High'. You must get support at the critical point, 1.960. This is the fork of the rise and fall. ------------------------------------------ All coins are located at attractive prices. However, depending on the movement of BTC, careful trading is necessary.
I find out token that is up in BTC - FTTBTC , token of FTX exchange. Assuming all other exchange tokens pumped not this great I think there's a decent chance to short this local top. Stop could be tighter - I'm keeping an eye on the market. Information is just for educational purposes, never financial advice. Always do your own research.
In order to maintain the upward trend, support should be found at 2.544. As a coin with a new high renewal, new investments are not recommended. I think the new investment point is 1.960. ----------------------------------- We recommend that you refrain from trading during the period of expected fluctuation (8-10 days) and check the movement of BTC.
A strong break above point 2.218. Check if support is available at point 2.218. Check if you can climb above the critical point of 2.544. This formed the complete alphabet 'U'. A wave of the future is expected. See if it works with the flow of BTC. -------------------------- From the BTC trend, I think it is highly likely that January 21 (January 20-January...
Check if you can climb above 2.218. If he succeeds, he will complete the letter 'U' perfectly. After that, if we can get support at 1.960, we will try to challenge 2.544.
Arriving at point 2.218, the letter 'U' was formed. In addition, a small letter 'U' was formed. It must now be supported at or above 2.218. If not, it is likely to fall.
The key point is 1.960. If it falls from 2.218, it must be supported by 1.960. Since point 2.544 is a position to create a new high, I think it's time to make money based on your senses and investment goals.
After the formation of the alpha-pet 'U' is shown. I think it's a very unfavorable place to make a new investment from where you are. You must check to see if you can get support at 1.960. --------------------- There are some coins that have risen in a very bad situation. These coins believe that it is better to classify and manage these coins separately...