After massive momentum solano looks sus and manipulated 🚨on daily chart rsi looks overbought 🚨on 4 hours rsi divergence, rsi dropping 💚 Best possible way to enter will be at mean reversion of ema 9 as of daily chart Or 💚Support 60 resistance 80 💚Buy low sell high tactics could work here
Rsi making lower low and price made higher high the last two swings 2.20 will be psychology resistance Took trade 1.88 trailing 1.99
After a correction push it now resting at 67-66 zone Upside breakout of that white zone could be choppy Down side breakdown could be smooth Just about the probability for more chances of easy flow (is downward) Analysed based on technical charts (considering) daily, 4h, 1h time frame
After 1:1 I trailed my stop loss back to breakeven, (no loss no profit) The price resisted from 50 ema on hourly chart Price has broken below our levels let's and wait and see how it will react on 1.7030 lvl (as resistance?) Or maybe faked out thing.. Further down side area will be update soon if there is structure forming Good day Happy trading
Prediction of head and shoulder failed It has breakout out above previous high and retesting yet still be my watchlist but no trading coin
As analysed about the potential buying zone my trade got triggered out above levels are upcoming resistance Will keep trailing sl little bit conservative rather than aggressive
🌻It has already taken support once on 1.17000 to be precise 🌻Rsi showing divergence with price 🌻Buying above 1.17140 🌻It could retrace upto fib 0.6 (not in parabolic move but with some small pullbacks) 🌻Could get 1:3 (RR)
After great rocketing 🚀 by solano 🕵️Possibilities looks like to be creating a head and shoulder pattern 🐾I've got no chance to enter solano, not willing to enter at this point 😇Just analysis
🕵️Descending triangle 🕵️ previous breakout was sus because of two reason little consolidation + rsi divergence 🕵️ Pre planned for 1.88 as buy zone (Check previous ada post) 🐾 Trading initiating only halting above 1.88 🐾 Bullishness (pinbar, wick rejection, big green candel)
🕵️broken previous higher low 🕵️ Rushing towards potential zone 2900 (let's wait for candel's close on 4h tf) 🕵️ No decision and trades taken as a reversal for short side 🕵️ Time to re-analyse, no clear view Will update soon if there is anything Good day
As discussed about the potential buying zone 🐾the 173-175 to 180-183 (day trade demand and supply zone) 🐾 Let the price come to the particular lvl, and wait for confluence , (pinbar, ingulfing, bearish bullish sign) before taking trade
Etherium so far consolidating in range 🐾No higher high, or lower low created 🐾Still above ema 9 of daily chart 🐾White arrow could make double top for short time or 🐾can be up move >> exhaustion pullback >> and breakout 🐾 Safe side to be trade on 4h breakout and retest (if so can be swing trade) 🐾 3330-3135 can be day trading range (high low) 🐾 Rsi above 50...
Bnb breakout and coming for retest Trade only if halts above 420 Rules ⚠️ not buying on first green sign (candel) ⚠️ Waiting for structure formation ⚠️ entering with stop entry ⚠️ 420 lvl is the golden lvl on fib between (0.6 to 0.7) area
Buying zone can be 173-175 area Still will wait for the ema 9 (day chart) to coincide with the price + our buy zone + wait for bullish sign
⚠️As the zone discussed in previous update, Did not make breakout And breakdown from range created ⚠️That double bottom within zone looked like price was not able to break previous high ⚠️ Let's see how price reacts to 3190-3175 levels (fib 0.6 lvl) Probability ✍️ it can halt and show reversal from 3190-3175 , which can state about the new higher high on 4 h...
Update : The white arrow candel seems like 50-50 bear vs bull could be the boundaries of consolidation zone, let's wait and see which side price will break. The pink arrows are marked indicating a small double bottom forming near resistance, this means price tends to remain at resistance zone forming a bullish sign, looks good on long side build up, let's see if...
Ema9 of daily chart at 175 lvls has good wicks On the structure (consolidating) looking for breakout and retest Ltc good bet to keep on watchlist
Although chart looks good, the latest formation looks like higher low, and rsi dipping, My add on level will be 1.88 still