Matic has breached it's important level of 2.011 The fall can be streched to the next support of 1.760 Which could be good value buying zone
🔆Bitcoin started the downtrend from the high of 52088 🔆 It has almost corrected upto 20% 🔆The recent low of 41000 is psychological round lvl, with that breakout it can push down the price by another round level of 40k 👆👆This levels are based on 2h time frame 👆👆 ✔️ Further on daily time frame 40740 is acting as supports ✔️ Daily fib retracment 0.76 lvl occurs...
good breakout from channel and good up move sustaining above 160-163 mark The pattern not yet formed, but it seems to me as inverted head and shoulders, with the neckline of 174-175 Stop loss at the low of head and target @190-191
After up move from recent low now it is consolidating Forming pattern look like pole and flag or trinagle Go long after 1.0890 close (50% of trading capacity) because it has close by intermediate resistance Add another 50% capacity after the close of 1.12300 Stop loss of 1.0350, target @ 1.2780
after recent trend down from 2.450 level It is consolidating or might see rectangles or M pattern or double top The neckline of 2.180 if it breaks, shorter can short upto 2.0 and dip buyer can come into action from 2.0 2.0 because of support from previous swings, and round number psychology level
litecoin broke the up trend line and support of 151, Look for short opportunity on 150.5 or 151 as retest entry Sl 153, target 147 (1:2) Spot the entry on short tf of 15mins
Although got stopped out once, but the volume was strong With two rejection indication re-entered and got the target successfully was attempting for shorter risk with proper target, just to keep the loss minimum as possible
After breaking out on 50 ema 15min tf, consolidated and made a triangle pattern Took trade on 50 ema Retest (15min tf), confluence with volume + rsi hovering above 50 Stop loss below (50ema of 15min tf) target upto next 50 ema as of 4h chart; good RR
After hit first target and creating inverted head and shoulders, There was a pullback and again bounce back from 66-68 levels But I think at current cmp (70-72) level it won't go directly to our second target 🎯 I assume a sideways for next few hours, halting near to 72 level it can create a buildup to push the price further towards 82
Nice inverted head and shoulders pattern to touchdown our target and nice perfect level Target 1 done let's see can we get rest 50% to target 2
Due to fake news of wallmart + LTC this buy on news trader jumped and then sold off Although price halted at the key levels we should not consider this price move as part of analysis It was more like parabolic move, and no breakout structure or formation occured
Both our target 🎯 reached with 1:2 risk to reward well planned and exactly executed Two new trade plans are posted on the feed check and commen if you want to see any other coin analysis or discussion about any of my trade Happy trading 🤓
After rallying from 30-60s it has broken the trend line and go sideways within 56-47 levels It may give opportunity to accumulate on 36-40 levels Seems like the price of avax is acting like solano's blast Supply demand trading best pick Good to have on watchlist
Recent high retracement made from 38, if it successfully breaks 38 and sustain for 1 hour it can go 40-42 levels. But by forming structure by structure Because parabolic moves are not reliable to can trap us on high sight By with confirmation and use tsl strictly to avoid sudden momentum shifts
The first attempt saved us by some point and we didn't got out of trade But seems like it is loosing the momentum and rsi has drop below 50
Although it maybe not perfect 100% but the structure looks bullish with limited risk area and good potential upside if it successfully break upside
Don't short when any coin or market are at strong trendy momentum Wait for the price to exhaust and come back to key levels Wait for depletion on entry time frame Use the strategy risk management And repeat the process One more winning trade All hail solano
Although eth had same fashioned sell off like other coins But the latest breakout out 3300 levels are reclaimed and trying to make based above 3300+ is good sign for eth with my POV Levels are on charts if it breakout 3600 Upside structures can act as resistances