- Entry: 1.27 - Stoploss: 1.3 - Take profit: 1.2 RRR: 2.3
The 3rd wave of impulse wave has done at 8870. Right now, we can see the correction wave ABC is progressing. We C = 1.618 Wave A, and wave C will be done at 2744. Then the 5th impulse wave is going up to 10902. We have a safe setup for a long order.
We have the resistance at $53K and nearest support at $40K and lower support $35K. The correction wave has been progressing. We can open a short order at $53K with stop loss at $59K and take profit at $40K.
LINK has done has completed the impulse wave within golden ratio 1.168 Fib at 4th wave. The correction wave has been lasting quite long time, maybe it'll be done at $8.5. Golden Ratio on the correction wave: Wave W = 1.618 Wave Y So, we have target of wave Y at around $9. We can consider to buy LINK when it hit that point. Wait and see
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: 4330 - 4350 - Stoploss: 470 - Take profit: 3150
On the daily chart, BNB has done wave A at 508 and wave B at 655 then wave C will be at 430 to complete the 4th wave. Can open a short order at 600. Don't miss any idea, please follow me and hit like button.
BITSTAMP:ETHUSD is retracing to the resistance. Let's open a short order - Entry: 4230 - Stoploss: 4440 (0.236 Fib) - Take profit: 3080 Wait and see
- Entry: 1.555 - Stoploss: 1.574 - Take profit: 1.523
Based on the chart, I realized a truncation wave what is completed at 0.71728. CAPITALCOM:AUDUSD is retracing to around 0.77834 (wave B), why? Because, wave A is truncation that proved seller's weakness and wave B can retrace to 0.236 Fib to complete a flat wave. Time will tell....