The rising wedge is one of the popular reversal patterns that can be easily predicted on the price movement of a crypto asset. This pattern can give traders clues about the direction and distance of the next price movement. Generally traders like this pattern because it is quite easy to identify.
entry : market price or 106,47 ( save entry area )
stop loss : 109,50 (3%)
This currency, considering that it has attacked its resistance for the second time, two scenarios can be considered for this currency: the first scenario is the price falling to the previous floor and the second scenario is the formation of a head and shoulder pattern and the price moving upwards.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Level is 8 days old
⭐️ 3rd touch
⭐️ When we touched the level, pulback was insignificant
⭐️ 46 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the...
Sharing may TA, wait for break out or breakdown. Always put your confirmatory indicator. Take profit befor or with in the golden line and always put stop loss just in case of invalidation of my TA. RISK MANAGEMENT!! TAYOR not a financial advice!
After this hard drop on market zec is one of the best coins to trade i think. It's on its trend level support. i can be buyable between 149,50 and 150,50... Sl is 148,90. Tp is gonna be 182 so fast. NOT-TRADE-ADVICE
ZEC should break higher in June till then it will range between $120 - $190 and complete its accumulation structure. With the structure we currently in there is zero probability to the moon before June. ZEC will go above $1000 before September or October.
This is so alike with LUNAUSDT and I love how it is all set up. The short term MA's look good for a drop and I am riding it down. My long term will be the last Fib. Goodluck guys. Don't forget cheer me when you make some cash.
As i draw there a channel can be seen and now we are heading to the lowest line of the channel also my Indicator confirm that and give us a buy chance ;moreover, we can notice a range box in H1 RSI as I mentioned for you in the chart.
personally i will go long in two steps first one here and the second one is in last Support and i put my SL exactly 5 percent lower...
3 set up for short position and 1 long position for swing trade. layer by layer but you do the TA.
Most important you plot your Key Level and Identify your market structure.
Manage your risk
Today we have another good opportunity risk reward short entry, for this bearish market.
In this case I am looking at some anomalies(big pumps without a reason inside a bear market) and short them when I believe they are close to top/ATH
Type of entry : Short
Take profit level 1 : 135
Take profit level 2: 120
Stops loss : 170