LE\eo still in bearish wave with channel down, but failed to break support level at 3.6560
If this support able to hold bearish movement, we can set buy with target at channel down resistance, and maximum target at 4.1804 as resistance level with 14% profit projection
Good Luck
As I made a case for FTT and have made a case for COIN and GBTC before, I want to keep sharing some unique charts and cases. Again, my FTT idea was banned (from a little mistake), so I just reposted it and want to continue with more special cases. By special cases, I mean stuff that looks weird, infeasible, or tricky, where sentiment is leaning against my case,...
It has been a (very) long time since we last looked at LEOUSD. In fact it has been since February 05 2022 when we accurately projected the Fibonacci Target Zone with its All Time High (ATH) coming just 3 days later:
As the price is rebounding and hit the 1D MA50 (blue trend-line) again so quickly after the dump 2 weeks earlier, it is about time to look at...
First chart for LEOUSD
Simple analysis showing a dominant trend line in green
Price is expected by me to recover along this up line as indicated by bars pattern
Price label has also been placed to give you a rough idea of where the recovery will occur
🎲 #LEOPERP #LONG #SCALP 🎲
"Roll The Dice"
Risk
- Med-High
Entry Conditions:
- Breaking out of local trendline
- Holding long term support
News Source:
- Fed Announcements on Weds will disrupt market 75 BPS will likely pump the market
ENTRY:
4.6731
TP1: 3.79%
4.8514
TP2: 6.06%
4.9562
SL: 1.83%
4.5874
Hello, altho Bitfinex is a dead exchange for some random reason the exchange token LEO is still near ATH.
Leo seems to trade in a triangle and im planning to take a short at the resistance with close stoploss.
Warning: I wouldnt be surprised if Bitfinex vanishes in this bear market. It is an exchange from criminals. Tether (which is from the guys from Bitfinex)...
Daily Chart
Above 200 moving average
Trending up GANN Angle channel
Previous Shooting Star All time high is retest target
Next Fib extension level is 0.78 (second target)
Breaks the 6.30 resistance possible further uptrend to ATH again.
LEOUSD is having one of its best weeks, so far reaching a +63% rise. Since the March 2020 market bottom, it has been rising parabolically smashing every Fibonacci extension after the other. Yesterday the price came near the Fib 5.0 extension as it did on the May 13 2021 High.
A similar rise (+58%) was done in February 2021. If Fib 5.0 breaks, the target should be...
LEO (Bitfinex coin) looks is gaining momentum here.
Worth to explore setup here.
Invalidation bellow 2.8 (but since this asset is quite volatile probably not good idea to have hard stop but instead ensure proper risk/size allocation)
LEO token is finally set to outperform coins like BNB or FTT (other exchange coins) after prolonged delay
Since this token barely moved for quite long time and we are seeing some healthy momentum on the chart. It is likely this will print new highs soon.
Set potential target but I actually believe the best approach here is to follow the trend since as it is...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
Bitfinex's coin LEO is looking like is building volume and momentum for significant move. This coin have been in a strong and very annoying consolidation for last month and half but barely saw any significant drawdown as compared to other major coins.
I think time is coming for this to continue to next target.
BUY: 2.098 – 2.125
TARGETS:
1) Trail stop – let it run. This could go very high.
STOP: When a 4h candle closes below 1.949.
Rationale:
-Price is accumulating at resistance and has not been affected by Bitcoin’s recent movements, which tells us this coin is showing a lot of strength.
-The RSI is compressing within a pennant and the range has been getting...
