From the previous analysis, it is clear that BINANCE:SHIBUSDT is finally bullish and this update is to look for entry at the next retracement which could possibly be the resistance line that will become support. Keep in mind that price might not necessarily kiss the support line perfectly therefore it is good to start accumulating at the $0.02 region and DCA...
There is 2 week time frame Bearish Divergence and on smaller time frames, it's breaking some critial supports. Next level is ~$60k. I think this will happen over the next 1-2 months before we see the Bull Run we've all been eyeing.
FTM / USDT
In macro view iam still very bullish on this coin
But in short term …
In my view the price could be in the correction elliot waves and potential C wave in formation
Invalidation: close daily/ weekly above 1.15$
Fact : During bull run altcoins can drop 30%-70% many times
This isn’t short signal ..Its recommended to accumulate partially in...
Bolishe market, for now, I had a strong drop to create liquidity, which I analyzed earlier and we got a good profit. Now you can enter both futures and spot with reasonable risk and reward
For now, Litecoin seems like a forgotten coin until this happens just like I posted BINANCE:SHIBUSDT (see analysis below) few months ago before the breakout of the range we see recently, such I think will be the case of KRAKEN:LTCUSDT .
I have few just two major scenario and this is the first one. According to Elliot Wave Theory, looking at the chart for...
On the previous analysis price has been moving perfectly to the analysis reacting accurately to it.
My next point of interest is within the box which is in between the 50-78% Fibonacci zone. I will be looking to add to my BINANCE:LTCUSDT spot position after taking some profit at that previous swing high.
When all was bullish I was bearish now that they are...
My long got stopped out at 65k.
I re-entered my long at 66k due to price action continuing to put it higher highs and higher lows.
Notice all the hate everytime I lose a trade. But no one cares whenever I win.
76k target.
61k SL.
God bless you
We may get a shallow bounce from this level retesting 11.8 to 12.5, any rejection we get from this level is a SHORT opportunity targeting the wick on the downside
TARGETS:
10.4 - 50% of the wick
9.3 - .618 fib and 100% of the wick
7.7 (if it gives)
Flip to LONG at the mentioned levels of interest
PoC is acting as support here
If this level holds, we can expect a bounce toward .014 to .0145 in confluence with high volume node
The levels I'm interested to go long in case we get a strong rejection is around .0113 (.618 fibonacci) or lower to .0096 to .0088 area for possible double bottom
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💎 Meme Coin Satoshi has made a modification in the three-wave wide format, which according...
In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial...
We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop.
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
The 0.618 level combined with a strong support level indicates potential for a significant bounce. If this holds, we can expect a strong rebound.
If this isn't bullish, I don't know what is. I bought here, hoping this trade will be successful.
But as always, BTC will decide the next move.
