On daily chart, BINANCE:FTMUSDT has been creating the flat wave ABC with target of wave C around 1.7 dollars. 4H TF: FTM is in descending channel Seem fourth wave has been done at 2.41 after that, fifth wave is happening to back to 1.7. Wait and see. If my idea is helpful, hit the like button. Appreciate 🙏!
Based on 4H TF, I found a diagonal wave with target of fifth wave around 0.44 After the surging wave, seem BINGX:GALAUSDT is exhausted. Let's wait and see. At this case, we have two options 1. Long order when price hit the support 0.345. 2. Short order when price hit target of 5th wave but higher risk because blowoff in diagonal wave. Besides, we can...
On 4H TF, BINANCE:FTMUSDT is in the flat wave with target around 1.25. The flat wave: wave A = wave C. You can see wave A on my idea. So you have a good chance to buy FANTOM.
ETH is out of the ascending parallel channel and it has been retesting. This is a good zone to open a short order.
- Entry: 1.27 - Stoploss: 1.3 - Take profit: 1.2 RRR: 2.3
BINANCE:SOLUSDT is in the triangle wave, nearly has done the wave (E). Target of the 5th wave will be $150. Short order: - Entry: 180 - Stoploss: 190 - Takeprofit: 150
- Entry: 1.555 - Stoploss: 1.574 - Take profit: 1.523
Short order with RRR 1 : 2.76 - Entry: 4022 - Stop loss: 4105 (should be 4132) - Take profit: 3750
We have a expanded target at around $257. Two options for a short order: 1. We'll wait it goes down $241 and open a short order with TP at $220 and SL $245. This is a safer option. 2. We'll open a short order when it surge above trend line with the same TP's option 1 and SL at $258. The diagonal wave is a chance to take huge profit. Wait and see
TECHNICAL ANALYSIS -Since the end of July, the price started bouncing several times on a strong weekly support at 0.71273, until the end of September; -The price then, started collapsing again, breaking the support, making a clear Double Bottom Pattern, confirmed with strong volumes and completed on the 5th of November; -Few days of consolidation and then the...
Weekly Resistance, prices are still ranging. Expect a push down to the range below, Set pending Orders Above Zone & Below Zone for full range movement, for now Risk to Reward Ratio : 1 : 6 Good luck :)