Sell Setup for BITUSDTFor this chart, we are waiting for price to swing back to the initially broken minor resistance to sell on this crypto.. once the target for sell is hit, we place a sell and wait patiently for price to hit the price indicated by the arrow BYBIT:BITUSDT
Bybitsignal
BITUSDT SHORT (BYBIT) Entrance strictly at the specified price!Entrance strictly at the specified price!
Short: 1.974
Targets: 1.957 - 1.925 - 1.85 - 1.83 - 1.78
Max Leverage : x20
Stop loss: 2.01
%from depo 5%
BTC Analysis Short Setup HTF HTF BTC Analysis
I think the best trade right now is no trade but we can plan for the move ahead of us .
In this case I favour a short off of the daily level highlighted which is confluent with the fib level shown .
After the move up to the said level I would be looking to fill a short with the targets down to the 100EMA and the POC
depending on other market metrics at that time .
Always know your Invalidation and use a SL
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BITCOIN 20% Move to the Upside or Downside I have marked some key levels here for the upside resistance and support levels
for Bitcoin.
Of course within this triangle we can break either way so I have marked some levels
to give you an idea of where we will go once the direction has been decided.
I would like to see the higher resistances broken as I am in a long from the low of the wick at 30k but what we want and what we get are 2 different things .
with that said I will be taking it level by level regardless of which way we go .
If you dont have a position then you could wait and see if we retest 35K for longs or see how we react at the next resistance .
Whatever you decide know your invalidation .
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Tezos XTZ 40% Move to new ATHs
Fib Ext Pull and Fib Speed Resistance Pull
Target .618 and expecting some resistance at this area before a move to the the 1-1 Extension
for fresh ATH and potential continuation .
The move allows for a 40% return , do not FOMO I expect a pull back when we hit the .618.
or even before given BTC potential volatility.
Of course determine your own entry if you cant wait for that potential prospect.
****Please also note that any ALT setup regardless of how strong it is can be destroyed by
aggressive BTC moves *****
Another observation I want to make is that the areas I have highlighted are where pullbacks have
occurred literally around the same time each month . 21 Jan , 23 Feb , 25 March , and 23 April .
Im not suggesting that come the end of May we will see the same but its worth noting and
just a pattern that I noticed had played out throughout this year .
Also each major correction has pulled us into the .382 speed fan resistance or close too it .
Ensure that you have a trading plan with a clear invalidation and SL
Ok well Thanks for reading and any questions pls ask , Like and FOLLOW for more of my content and Analysis .
EOS BREAKOUT TO NEW ATH 20% MOVEDAYTRADE Setup
Bullish on EOS for another breakout to the upside
Follow info on the chart if you want to take the trade
I personally am bullish but if we do break to the downside
which can happen then I have marked an area where i will be buying
Ensure that you monitor BTC ...Sideways is ok but we all know that a volatile move destroys all setups
Follow and Like for regular analysis ..
LTC Destined for fresh ATHs with a 50% move to the 1-1 ExtensionLTC making its way up from the bottom of the channel
after its correction from 335$ ATH.
New targets have been set with a 1-1 fib Ext pull and currently
we are inside a well respected ascending channel since Dec2020.
expecting some resistance at the .382 level .
The TP i have labelled are examples of where i expect resistance and indications so you
know where to pay yourself .
Personally I will retain 25% of my long at TP3
depending on volume and other metrics at the time .
Ensure you have a plan also including SL and know what you will
do if BTC makes a violent move as generally ALTS will be casualtys
Do Not FOMO in ,Create a calculated entry .
Remember no one went Broke taking profits on the way Up
Like Share and Follow For Regular Setups .
BTC - Short Swing Failure Pattern I would like to see a SFP of the Given targets either the first box or the second if it happens .
We may drop from here but that is not the short i want to take .
If the SFP happens i will be taking Profits within the 55K area where i expect support to hold .
This is just a potential idea that may play out going into the weekend so its worth setting some alerts for the setup
Always know your Invalidation and follow a trading Plan
Support my Analysis with a Like and A Follow for more setups
BTC Setup for BTDHighlighted orange box is where i anticipate PA to gravitate too ,
Confluence with 30/50 EMA* Fib Pull 618 * Volume Profile Match ..
Strong support and i expect a bounce from this region on chart .
Ensure to use a sl and know your invalidation
Please support with a follow and Like ...comments also welcome