Alikze »» MASK | Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1W
📣 BINANCE:MASKUSDT It is moving in a descending channel on the weekly time frame, which faced selling pressure after a movement cycle in the $7 range and made a zigzag correction to the $1.5 range.
🟢 Currently, due to the upward momentum and movement to the middle area of the channel and the short-term correction, it is again in the supply area with an increase in buyers.
🟢 In the event of a negative reaction in the supply area, it can break the first supply area towards the second supply area with a pullback to the green box area.
💎 Considering the previous movement lag and the second zigzag correction, this movement path can have a 3 or C wave rally up to the marked red box area.
⚠️ In addition, the price should not enter the LVL Invalidation range due to the movement lag. Therefore, any price correction can end up to the 3.12 range, and the consolidation above the area strengthens the bullish scenario .⚠️
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Mask
Will Bitcoin surprise us?After the rapid movements of this week, Bitcoin is building a floor and the exit and entry of amateurs, I specialize in flag patterns, and if this pattern was in gold, we would definitely see at least a rise to the end of the flag height, the same in Bitcoin. I tested it, I think it will test the ceiling of 90/000 again
$MASK about to go parabolic?SEED_DONKEYDAN_MARKET_CAP:MASK is one of the better looking charts right now.
It's just breaking out above the trend line on lower timeframes which indicates to me a large move is about to get started.
I've marked off resistance levels on the way up but think we can get back to previous ATHs at $22.
Let's see how it plays out over the next 2 months.
$MASK ready to break massive downtrend? Targets $6-15?SEED_DONKEYDAN_MARKET_CAP:MASK has been in a downtrend since 2021 and it looks like it's about ready to have a large move up.
If price can break the trend line and the $3.60 level, then we should see price move quickly to one of the resistance levels above.
Entry: $2.77
3 Altcoins to watch this weekend...BINANCE:RAREUSDT
After a 50% surge, RARE is currently in a sharp correction phase.
As it approaches the black structure, I will be looking for trend-following longs.
BINANCE:MASKUSDT
Just like RARE, MASK surged by over 60% forming a massive demand zone marked in blue.
As it retests the demand zone, it would be an attractive zone to look for longs at a discount.
BINANCE:ALPHAUSDT
This one is the strongest among today's list, as it surged by almost 50% 2 weeks ago.
ALPHA has been in a correction mode and seems the bears are loosing momentum.
The more it approaches the gray demand zone, the more potential the bulls will have to kick in.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
#MASK (SPOT) entry range( 1.940- 2.440) T.(4.549 ) SL( 1.826 )BINANCE:MASKUSDT
entry range ( 1.940- 2.440)
Target1 (3.581 ) - Target2 ( 4.549 )
SL .1D close below (1.826 ).
*** Collect the coin slowly in the entry range ***
*** No FOMO - No RUSH - it is a long journey ***
**** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF #ENJ #ZIL #APT #MAV #ZRX #RENDER #THETA #CHZ #MASK ****
MaskNetwork MASK price has woken up and is growing🤔 Who knows what “news” woke up the sleeping handsome #MASK ?)
Except for a conspiracy theory: that CRYPTOCAP:DOGE grow well, who likes to pump #Musk and whose last name is similar to #MaskNetwork
Because if there is a solid fundamental, then why shouldn't the price of OKX:MASKUSDT rise to $5.00-5.30-5.50?)
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Mask Network (MASK) Mask just passed half a billion dollar trading volume and the price jumped 70% in the last 24 hours and pumped 300% in just two weeks
Mask Network is the core product of Dimension, which is positioned to become the bridge that connects internet users from Web2 to Web3. The foundational technology of Mask is a peer-to-peer encrypted messaging application, with new functions continuously being created around this foundation. We at Mask Network are strong believers in the ownership economy. People should own what they produce, people should own their data, their attention and the virtual space they choose to contribute to. Mask Network integrates decentralized social messaging, borderless payment network, and decentralized file storage and sharing to provide a safe and convenient portal for users to jump right into the continent of decentralized finance and then the new world of Web3.
Mask broke 3.5 and the next targets are 4.9 and 5.9, 6.5$ until it face its major resistance at 8$
today they are going to list on FTX exchange as well
Did you manage to buy it 1.5$?
Potential for further upward movementMASK is currently approaching a key daily resistance level at $2.600. This level has previously acted as a barrier, preventing the price from moving higher. If the price manages to break through this strong resistance, it indicates a potential for further upward movement. In such a scenario, the next major resistance level to watch is $2.900, where the price could encounter significant selling pressure.
MASK ANALYSIS (1D)Now with the data we have on the chart, the MASK scenario is clearer
A triangle has been formed from the place where we entered start on the chart.
Now it looks like the triangle is over.
For buying, we have set and forget buy orders on the green range.
We expect the price to react to this area and reject upwards
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$MASK 10x opportunity?The structure of the chart leads me to believe that we could see a large drop down to the lower support before the move higher gets started.
If we do get down to the lower support, then I think there's a 10x long opportunity up to the resistance in the $20s.
Let's see how it plays out over the coming weeks.
Trend reversal potentialMASK is attempting to stabilize above the downward trend line, indicating the market's desire to shift towards an upward trend. There are two strong support levels at $3.5 and $3.4, which are suitable for step-by-step entry. Short-term targets can be considered at $3.7 and $4. This is merely an analysis and should not be regarded as a buy or sell signal.
4️⃣ Interesting Altcoins - Episode 1️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here are 4 Altcoins that I find interesting from a technical analysis perspective:
1️⃣- KUCOIN:DYDXUSDT
DYDX is currently hovering around the lower bound of the rising channel marked in blue.
As long as the $1.8 demand holds, I will be looking for trend-following buy setups on lower timeframes.
2️⃣- BINANCE:MASKUSDT
MASK has been hovering within a big range between $2.5 and $6.5.
For the bulls to take over and start the next impulse movement, a break above the last major high marked in green is needed.
3️⃣- KUCOIN:TIAUSDT
TIA is currently hovering around a massive support and round number $10.
As long as the $8.5 support holds, I will be looking for buy setups.
For the bulls to take over, a break above the last major high marked in red is needed.
4️⃣- BINANCE:ZRXUSDT
ZRX has been overall bullish trading within the flat rising wedge pattern in blue.
For the bulls to take over, and start the next impulse movement, a break above the last major high in red is needed.
Which asset would you like me to include in the next episode?
Let me know if you like this series; your feedback would encourage me to keep it running.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MASK UPDATE (1D)In the previous analysis, we predicted the MASK pump and also declared that we are inside a big triangle.
The same previous waves are being followed. We expect such a move from MASK.
Note that the time frame is daily and time consuming.
The green range is where we look for buy/long.
The targets are inserted on the image.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Alikze »» MASK | Wave 3 or rising C scenarioAccording to the analysis of the previous post , the Musk currency achieved its targets. At the moment, it has formed a floor in the 0.966 range after a complex correction in 1W time, which is currently forming an upward composite correction. But this upward corrective movement is moving in a channel that, after stabilizing at the bottom of the channel, is again met with demand that this growth will have the ability to reach the next supply zone. If the specified supply area is broken, the path of the currency will be smooth to continue and the next targets will be activated.
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MASK - Resistance about to be broken - Good Opportunity for LONGBINANCE:MASKUSDT (4H CHART) Technical Analysis Update
MASK is currently trading at $3.541 and showing overall bullish sentiment
MASK is about to break resistance after months of consolidation, this consolidation can be a good trigger for the bullish tend. Resistance is around 3.9 and this price breakout is gonna be our entry point.
Entry level: $ 3.9 - 4.0
Stop loss level: $ 3.150
Target 1: $ 4.2
Target 2: $4.7
Target 3: $5.3
Target 4: $6.2
Target 4: $7.1
Max Leverage: 3x
Don't forget to keep stop loss.
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GreenCrypto
MASK/USDT The perfect bounce suggests potential back to upward!💎 MASK has recently shown notable market dynamics, particularly as it rebounds from a support area.
💎 The strong green candle suggests potential upward momentum, but a decisive breakout above the resistance at $5.35 is needed to confirm this continuation towards the target strong resistance area.
💎 However, if MASK fails to break above the resistance, there's a possibility of a retracement back to the support area to gather momentum for another attempt at breaking out.
💎 If MASK fails to find support at the current level and breaks below the support area, the next potential stop is at the demand area of around $3.08. This demand area holds significance as it needs to act as a strong support zone for MASK to maintain its upward trajectory.
💎 However, if MASK breaks down below the demand area, it will confirm bearish sentiment, potentially leading to further downward movement in price.
FLOKI/USDT Secondary trend 1 reset zone. Pivot zones 08 2023Logarithm. Time frame of 3 days. Secondary trend. 1 reset zone after pumping up about +1000% from accumulation zone. A wedge is forming. Pivot zones and logic on the chart.
Meme crypto wrapper. It has no value or utility, only speculative interest. Mimicry of DOGE. If Ilon Musk's DOGE will be pumped, in all likelihood this phantom will be pumped as well.
This idea is a continuation of the previous idea published on 1 11 2022 in the active phase of cryptocurrency recruitment before pumping almost +1000% (average +370%) after a while.
FLOKI/USDT "Football MEM". Elon Musk. Main trend.
Cycles. An accumulation phase and a reset phase.
Remember that if there is accumulation, those big players in the market who have accumulated will dump it at another higher price. You have to wait for this to happen. Typically, most people have a "impatience" attitude. And the more stupid a person is, the more vividly it manifests itself. Buying cryptocurrency, they immediately think to get a big profit, not realizing that markets succumb to cycles, no one from the position of rationality will increase the price of cryptocurrency in a bear market phase.
Therefore, in established zones where the big market players are gaining ground, buying at any price is not such a scary thing. But, a properly chosen entry point and a low average price is a guarantee of good profits.
Cryptocurrencies with low capitalization. Liquidity and volatility. Risk management
Low liquidity. Consequently, you can do anything with the price - from super pumping to super dumping. The chart is a testament to this. Stop losses are useless in such cases because of the same liquidity and, consequently, excessive volatility before trend reversals (bullish/bearish, it doesn't matter). For example, a stop loss (zone entry) under dynamic triangle support before a trend reversal and pumping almost +1000% is about -14%. I believe it is irrational to use such long stops from a risk management position. This applies to local trading as well.
T actics of working with such cryptocurrencies. Mani management. Psychology
Consequently, it is rational to work only from the average set/reset price and not to be greedy. It is clear that you will not see inadequate profit percentages of 1000% and so on, which are so nice to the "hamster's eye", but 40-60% of the average pampa movement you can take away constantly and are not afraid of any inadequate draw downs. No matter how the trend develops, it is neither cold nor hot for you, any movement is profitable for you. The main thing is that the wrapper did not disappear with the ends, I think it is inevitable, but not now.
It is desirable, if working with such low liquid and at the same time high HYIP cryptocurrencies, to work in groups of 5-10 cryptocurrencies. Consequently, the disappearance of one cryptocurrency at the expense of profits (earlier, now or in the future) from others does not reflect extremely negatively on the allocated deposit for trading such. I would like to note that from the total deposit the amount for trading similar should not exceed 5-10% of the total deposit according to your mani-management. As for me, 10% is a lot.
It is very important, from each profit to withdraw from the group 50-60%, as long as you work only from profit. That is, all invested money “body” in crypto garbage should be withdrawn.
Don't be greedy. Every time you pump one of the group's phantoms, be sure to withdraw all profits, do not collect something that is worth nothing. Sell in installments. In the phase of active pumping grid, orders to sell + stops to protect profits.
Such cryptophantoms, as a rule, merge at 100% of the price of the beginning of the pampa, i.e. the breakout zone. Predicting the minimum or maximum is extremely difficult due to the “manual influence on the price” by the creators of the phantom. Their selling at any price is profit from “nothing”, always keep that in mind. But in order to sell something that is worth nothing, you need to make interest for traders, that is, volatility For investors—"pour water in their ears", that is, suggestion about the exceptional value of another crypto trash.
It is important to initially monitor your mani-management and correctly allocate funds in case the cryptocurrency enters one or another expected zone of set or reset, even if you, for some reason, do not believe it.
Major trend. Time frame 1 week.
FLOKI Main trend High risk=high return 08 23
MASK ANALYSIS (2D)Before anything, pay attention to the time frame. The time frame is big and time consuming.
MASK appears to be inside a large triangle.
Wave D of this triangle has become a diametric, and it seems that we are now in the ascending wave e of this diametric
It is expected that it will move to the red box while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You