As I said in the earlier post, I have currently a short position and will open another additional short position when the price breaks the neckline.
I am expecting another short entry point which has a good risk to reward ratio.
If a cup and handle pattern gets formed on INJ/USDT chart, we will have a good chance to long. I am not saying the pattern will appear, just saying if it appears, we will have one position entry point.
I think a good short entry point would appear which has a good risk-to-reward ratio.
Looks like a rising impulse wave has ended and its correction wave is emerging. I am in a short and expect that a possible long entry would appear after the correction ends. The correction could be a zigzag or symmetrical triangle which nobody knows at the moment.
I think the marked point would be a possible long entry point if the market draws this picture.
A possible header and shoulders pattern on SOL/USDT