ZRO looks to be a long-term trade from these levels, with a first "stab" at it so to speak as indicated. It may hold the current level and move up from there.
Saga held Polarity, and is laddering long-term. The recent higher high suggests once a local bottom is found--coupled with the lack of strong resistance on the top--a new local high can be achieved. Target 1 should be a fairly safe exit in light of this possibility.
Bitcoin failed to quickly make an all-time high, I suggested a consolidation of around a day was reasonable but much more than that would result in a deeper correction before breaching the all-time high. If there's a significant retracement to the upside from these levels, I would expect the first buying zone to hold, if this currently is the extent of the...
I expect a short consolidation b4 new ATH (1 day or so) if we are going to new ATH and beyond. Lower liklihood IMHO that ATH range leads to rejection to 7XK, however it is possible. Price action around this resistance will be informative. I think price action will reveal this to us by a prolonged struggle at the current resistance if that is likely to be the...
Banana may have already found its low, so this is a lower probability trade in terms of getting filled. However, if it does get filled it should be pretty good.
As suspected in my previous post, price made a new local low, though not quite to the extent I anticipated: This low is noteworthy because it represented a loss of important support, but then immediately reversed and climbed above it again. This kind of reversal often signals important points in the market, and at the very least, this support is now strong as...
Scenario 1: This is merely a counter-trend move before another impulse down, to make new local lows. Scenario 2: This is the start of a new trend, with the major move down likely over HOW TO KNOW: The strength of the upcoming "thrust" (or lack thereof) will be revealing. 1) Hitting the first resistance or higher resistance then pulling back or struggling to...
I found the indicated trade and it looks promising to me. If price bounces from within the "Daily SOR" and hits the indicated target, don't take the trade any longer.
As on the chart: I believe the volume suggests the big alt season will come soon, and that BTC dominance is correcting. And that, given the current scale of the move, the alt season will be less impressive than both of those before. Each alt season has effectively been less impressive than the last, with last cycle's alt season not even able to break the lows of...
Upcoming trade on Saga. It can bounce at the daily SOR and not get to the indicated entry, or it can go deeper. Entry is good balance of risk:reward. Target 1 is a fairly safe exit.
Given how the bitcoin price has been acting over the last few days, it's a bit hard to be optimistic about it at the current moment. At the recent lows the support is quite weak, and the speed and magnitude of the current decline...I'm pessimistic the support will hold. I'd expect a decline to any of the indicated levels. In the meanwhile it's likely we'll at...
Unlike most coins, Sui continues to constantly trend in an upwards direction. Historically, it hasn't always returned to the best Risk:Reward levels
If you were to take on more risk by having a tighter stop loss the risk:reward could be better. This is a very generous SL.
BTC is experiencing local resistance (marked levels for example), however, it seems it will continue higher into the resistance zone. If we can get above the recent highs, that's a pretty good recipe for coming back down, finding support, and moving above the current range to begin working its way back to ATH and beyond.
Looks be coming down rapidly, is a somewhat risky but potentially nicely volatile trade where indicated.
Wif looks to be heading on a longer-term move up given it hit a weekly on the bottom. This is a re-entry play looking to move higher. Target will need to be selected based on what is reached on the top. If the current price move reaches to the indicated Target one, then retraces to the entry, take the trade to Target 2.