We need to reclaim rezistences range global VAH + weekly level, but we are on a good way. Bullish if we do. Targets GP + monthly and weekly level. BTC will affect all of my setups, so be careful! For now bullish mode activated :)
Weekly level acts like a good support. If we hold this support target will be weekly rezistence. Lets go! :)
We need to reclaim actual range with monthly level acting like rezistence, then weekly level with golden pocket confluence is possible as main target.
Weekly support + global VAH hold, I am bullish on BZRX. Target monthly level with GP confluence. Good luck traders :)
Algo just broken range and weekly level. If this weekly level acts like support, next leg up is invited. Cross fingers!
Both pairs BTC and USDT are on their supports. Matic should bounce soon :)
Weekly level + global VAH acting like supports and rezistence zone is monthly kevel with GP confluence. Lets see how this setup will play out :)
Possible harmonic pattern will play out. We just break the trend. Lets see...
We visited main support Value Area of Low (VAL) our big range from the beginning of correction. I also have Elliott Wave count which showing me potencial low of wave 4 in this area. If we hold this level, target will be high of this range + of course more :)
I see several confluences for my idea. 1) Harmonic pattern 2) ABC formation with 1:1 target 3) Daily level as support 4) Middle of the big channel as support 5) Monthly level as support These all confluences giving me nice plan with invalidation above last high 42605.
We have 2hr bullish divergences on RSI + OBV - good opportunity the trend will reverse. Every marked level (daily, weekly, monthly) = set take profit limit. POC (red line), place with the most of volume is TP1 for me. BTC will affect the progress of this setup so I will be careful in case of dump. !!! This is just paper trade, please dont follow my setups...