#ETC/USDT #update $ETC did the pullback to the broken weekly zone and broke out the bullish flag pattern. 🐮 so it will continue its fly to the moon 😎
Position Sizing Traders spend much of their time looking at charts and analyzing using technical or fundamental analysis, or a combination of both. While this indeed is a very good thing to spend time on, not all traders take their time to focus on risk management, and more specific position sizing. I see a lot of new traders or old traders which trade only to...
#SOL/USDT $SOL is inside a symmetrical triangle pattern. 🐻 breaks down from lower line will drop price to support zone around $32. 🐮 breaks out from upper line will pump it to $47 and even $65.
#USIRYY All eyes on US inflation Rate (9.10) 🧐 Long Story short Expectation is 8.7% 🐻 - if new CPI data is above 9.4 then Market will Crash. 🐮 - if Remain between 9.1-9.4 then Market will be Stable and can Pump as well. 🐮🐮 - if below 9.1 then Crypto Market will Pump Hard.
#BNB/USDT $BNB is above lower line of rising wedge. The same scenario of #BTC! 🐻 break down from lower line will drop price to support zone. 🐮 rejection from lower line of this pattern will increase price to upper line and maybe resistance zone.
#BTC/USDT $BTC broke down support and dropped to lower zone of rising wedge pattern. 🐻 break down from lower line of rising wedge will drop price to support zone or even ascending support zone. 🐮 if bulls succeed to hold the lower line of rising wedge price will have another leg up toward upper zone of this wedge. wait for a break or rejection!
#BTC/USDT $BTC broke out from descending trend line and confirmed the support zone as resistance. 🐮 The next resistance zone is between $24100 and $24700, and if price going to complete AB=CD pattern it will increase more toward ascending trend line around $26700. 🐻 break down from support zone and descending trend line will invalid this scenario.
#ALICE/USDT $ALICE broke out from descending trend line and long-term descending trend line. 🐮 in short-term it will going up to touch ascending trend line. break out from ascending channel will increase price toward resistance zone between $3.5 and $3.8 and in long-term potential to reach resistance zone around $5. 🐻 rejection from upper line of channel can...
#ETH/USDT $ETH shaped cup and handle pattern in short term and broke out from resistance. 🐮 so price can have another leg up to touch 2 fib level of cup, which is the same with 0.382 fib level of daily swing down. 🐮🐮 breaking out from this resistance will increase price toward resistance zone between 0.5 and 0.618 fib levels that is the samw with descending...
#SLP/USDT $SLP is above the ascending trend line and tries to break out the ascending channel which is the same with resistance around $0.0054. 🐮 break out from this resistance will increase the price toward ascending resistance zone and in long term, we can expect the price continues uptrend move to touch the 0.382 fib level of the last weekly swing down. 🐻...
#STMX/USDT $STMX holds above ascending support, which is the same with SMA20. also RSI is above HMA in daily and 4h time frames. 🐮 price has to break out from resistance zone and descending resistance that is the same with SMA200, then it can fly more than 100%.
#BTC/USDT short-term analysis. $BTC is inside a symmetrical triangle between 0.5 and 0.386 fib levels of the last swing high. 🐻 bearish flag can drop price to break out from lower line toward 0.5 fib level at $22700. 🐮 the upper line of flag is the same with descending resistance zone, that makes this zone strong. BTW if price breaks out from this zone price...
Harmonic Patterns we have so many kinds of “Harmonic Pattern”: Black Swan Bat Crab Butterfly Gartly White Swan Shark Zero_Five Cypher Double Top Double Bottom 📚👌🏻 Each one of them has its unique Fibonacci levels. ⚡️ Do you want to know them? 😍 Happy to see what you find in the charts, please share yours with us
#ETH/USDT #update $ETH in a short time frame shaped an inverted head and shoulders pattern and broke out from the neckline. 🐮 after a pullback to the broken neckline, we can expect price increase toward the resistance zone between $1740 and $1780. 🐻as we are in a boring sideways move, so price may reject from ascending resistance zone and drop to the support zone.
#FIL/USDT $FIL broke out daily descending trend line. there could be high hope that price pump to touch the resistance zone where meet weekly descending trend line.
#ETH/USDT $ETH touched the support zone as expected in my last analysis and rejected touching the broken ascending trend zone, which is the same as the long-term resistance zone. 🐻 so if it would be just a pullback move to confirm the support as resistance, then price may drop from this zone and break below the support zone. 🐮 but if price breaks out from...
#ETH/USD $ETH is between support zone around $1560 and resistance zone around $1780. 🐮 break out from resistance zone will increase price to fib levels of last swing down, that 0.5 fib level is the same with another resistance zone. 🐻 break down from support zone, will drop price to $1400 and maybe $1230.
✅ Step 1: Time Frame The first thing you need to decide when creating your system is what kind of trader you are. Are you a day trader or a swing trader? Do you like looking at charts every day, every week, every month, or even every year? How long do you want to hold on to your positions? This will help determine which time frame you will use to trade. Even...