BTC has failed to break structure to the upside and seems to have manipulated early seller. I am thinking we could see a 4% drop or more to the down side over the next few days.
It seems to me there is a lot of liquidity from sell entries sitting right below this zone and just waiting to be taken out. See chart for first target and possibly a second lower target. Stop is right above this long wicked candle.
Well Doge eventually hit the buy zone I projected previously, although I got impatient and cancelled the buy not knowing SBF would be caught with his pants down and triggered one of the bloodiest market crash in the history of crypto. Now for some reason my I a seeing a re accumulation on Doge, the zone where I had down as a point of interest. I have feeling Doge...
Hi guys. I posted a chart on doge on the 20/09/2022 projecting 0.13 TP. Price overshoot this and went up to roundabout 0.15. I normally try to go for the lowest target price out of my calculations. Here I am thinking price may, and its a maybe, drop to the demand level highlighted on the attached chart. When trading always think of price movement in the form of...
BNB could crash 82% and may just be the last one left on the titanic. Can you imagine how much selling is going on behind the seen right now. All major exchanges selling to cover themselves. Hopefully we get e relief rally that given an opportunity to sell.
What a crazy day for crypto. At one point I was thinking we could be getting ready to moon. Hopefully this is one of those aggressive shake out before the real pump.
Price gradually moving up out of range. Normally when it slows down at the top of the range and gradually making HH's its an indication of weak handing over to strong hands. In order words, demand is stronger than supply. Let's see if we can get at least 26%.
Based on my analysis< I think Wild could pump up to 80% in this impulse move.
FYI, this is just for show as I am not taking this trade. However, if I was the Exchanges, I would look to shake out sellers by moving price up this level to liquidate sells and then dump.
Doge is at 92% discount. If this is not a bargain I don't know what is. Price has dropped in a demand zone. If you look to he left you will see that the last time doge made massive parabolic move.
The DXY is pulling back and provided BTC with an opportunity to come up for air. The price target is based on Lord Skin;s Formula. The down trend has been broken and price has taken out the last LH and re tested the sponsor of the impulse.
18900 stop level. Why buy here? Well this is a last demand zone which took out the supply on the left. Price has now revisited this zone which could be an indication of buyers filling further buy orders. But why would it come back and not continue to infinity and beyond? Because if too much orders are filled at once it will increase demand and cause price to...
When thinking of trading thinking in the terms of "direction, structure and supply & demand, confirmation schematics. This is a 1 to 21 RR trade. This is 11 pips for 245.
See chart. Downtrend was broken, see neutralised levels, indicating a change from down trend to up trend. Target is based on Lord Skin's Formula.
Volume is steadily increasing. The USD appears to be pulling back. This is be an opportunity for BTC to pump to roundabout £23700. My first target is however 21700 where there is previous supply. Break above here then BTC is good to go.
This is based on AB=CD measured move. You can see that price retraced back to the 0.618 Fib level to complete ABC correction. What sometimes happen is that a 60% retracement normally result in measured impulse leg to roundabout the 1.618 FIB extension level to match the previous leg. I think I read this somewhere that the pattern plays out roughly 60% of the time....
This is what could happen if the institutions decided to mess around with your heads and frustrate the hell out out you until you decide to give up the first and cut your losses and run.