Bat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA...
Good evening my fellow crypto-trader, I hope you are having a wonderful day.
Let's look at IoTeX (IOTXUSDT) on the weekly timeframe together...
We start with the major downtrend marked on the chart.
This downtrend has been broken.
Notice the long lower wick candle on the week of 9-May.
This wick sets the low.
We have a -9 on the TD Sequential after the low...
Enter at the bottom of the 7th peak of Newtons wave for a massive 400% gains.
Exit around $0.17
Enjoy :-)
Newtons Wave - A Great Mystery Solved
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Initially I started trading IBKR , and within the first few months I made $15,000 on MMEX on the OTC markets. I had ridden a...
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg...
Hello....
The price is in the main support area and excellent for buying.
Be ready to receive excellent benefits from this symbol!
The price in the simultaneous divorce of Fibonacci 78, the pullback is broken by resistance and is on the trend line.
All conditions are ready for a price increase ....
STOP LOSS=
0.06
Entry Price = 0.07$ - 0.08$
Target 1=...
The price is creating an ascending channel above the weekly support at 0.31$, the price got a rejection from the ascending resistance and now it's testing a key level.
How to approach it?
IF the price is going to lose the current 4h support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly...
Pull back to the 200 , taking a punt at this
daily stoch about to cross so going to give this a day maybe 2
still thinking flush before weekly close then we continue up so trade with caution
dominance is also looking like it may start its journey up so maybe time to long corn as opposed to alts
(SWING TRADE)
There a falling wedge in daily chart pattern that's signal for upward move in swing trade buy and hold it and waiting for hitting target
MACD is neutral
EMAs showing a bullish move
RSI is neutral
targets set at the chart
GOOD LUCK
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Friends, IOT showed a good growth of almost 15%, as some alts showed a good percentage too.
I think that after all, we will push up the channel borders and see a correction approximately in the $0.034 zone
Then you already need to watch how...
iotx has been testing the 4h resistance level around $ 0.0255
if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.029 as the target (following 4h resistance) and something around $ 0.023 as the stop loss, which is just below the swing low, which could act as new support and bring the price back up on a...
Hello dear investors
Given Iotex's uptrend and clean chart, the area between 0.015 and 0.022 is a great entry point.
The overall structure of the chart has a very strong upward trend.
The price bounced from the demand zone on 0.022$ on 4h Timeframe and retested the 0.786 Fibonacci level.
The price is testing the previous support as new resistance above the demand zone.
How to approach?
IF the price is going to grab new liquidity and create new breakout from the 4h resistance, According to Plancton's strategy , we can set a nice...
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