Bybitsignal
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 .
Like and Support with a Like and a Follow
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