Bulls (orange upward trend) and bears (black downward trend) are coming together..... i expect an explosive move in the coming days / week
await confirmation before placing trade
get above blue target 33.380 to continue the uptrend failing this support down to 32-31K
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4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM (UTC +8), vertical line
Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
After the initial pump and subsequent dump upon LINA listing onto Binance, it is now appearing to have bottomed.
Price has bounced and is forming a bullish symmetrical triangle right above support. R/R for a long as good here and I've entered the trade.
Take an appropriate amount of risk and apply a logical stoploss.
This is the one I intended to post with a longer lookback on a 1 DTF chart. Can't trade and post at the same time I guess... Anyway, here it is again, compilation of all large cap coin's perpetual futures contracts from FTX.
Falling wedge is a bullish pattern?
Avg price per coin looks good for entry in AVAXPERP or this
Since its ICO AVAX has held its strength and buyer volume is increasing.
Will there be a breakout? the chart looks very similar to ALGOUSD.
Let's follow and watch the price action.
(disclaimer not financial advice)
@JSEA's idea from today was the inspiration for this.
Waves has finally made some movement after a long time sittin sideways.
May not be as timely as first pumps but may re trace its way back up to the 2nd GREEN line. if it does then the 3rd will only be a matter of time.
margin of error 0.0500 - 0.0800
DO NOT USE MAX...
Couple of bearish divs on both volume and rsi at daily resistance, indicating that this pump is getting over soon.
TP 1: 0.06531
TP 2: 0.05802
TP 3: 0.05276
* Not financial advice *