BANDUSDT Elliott Wave BreakdownIn this video, we conduct an in-depth analysis of BANDUSDT, examining its price action across multiple timeframes. By applying Elliott Wave theory, we aim to map out the potential future price movements and identify key turning points in the market. Additionally, we integrate insights from the Smart Money Concepts indicator, which provides us with a clearer understanding of market dynamics and potential zones of interest. This comprehensive approach allows us to develop a well-rounded trading strategy for BANDUSDT, balancing both short-term and long-term perspectives.
Cryptosignals
Quick Bitcoin Update - 5 May 2024Hello Traders,
This is quick update on itcoin , Ethereum and Alt Coins. Also suggested to keep an eye on new coins
BTCUSD Waiting for Tomorrow's PMI PullbackTaking a look at the daily chart, I am looking to go how. However, I want to see how this instrument trades following tomorrow's PMI data from the US.
On my chart I plotted out an AOI level which would be nice to test. If that happens I'll be looking for bearish stalling action on the small timeframes such as the 5 min to scalp a long entry.
That's it - That's all
Trade Safe
MY BIAS ON MAGICUSDT FOR SHORTMagicusdt 15M TF Analysis , For This TF My Bias Is Short As It Tested 15M Supply Zone And Got Rejected Creating Fair Value Gap And Created Divergence On 5M TF RSI.Break Of Stracture Happened On 5M TF,Before Breaking Grabbed Multiple Liquidity.Support Got Broken And Later Acting As Resistance ,Resistance Acted As Support For A Short Time But Eventually Got Broken.I Am Gonna Focus On Premium Zone For Entry.And There Are Some Liquidity Resting On Upside Thats why I Am Thinking it will go up and take them and tap into my entry.
i am gonna have two entry
FIRST ENTRY
ENTRY - 0.9241
SL - 0.9375
TP- 0.8923
RR - 1:2.37
SECOND ENTRY
ENTRY - 0.9294
SL - 0.9400
TP- 0.8923
RR - 1:3.5 MEXC:MAGICUSDT.P
Bitcoin is in uncertainty. KAVA looks goodCan't explain much about bitcoin as the latest candlestick on the weekly time frame has formed a type of doji candle which represents uncertainty. Meanwhile, I see KAVA is now testing the support trend line for the 3rd time. Should be an opportunity to open long position for scalping
BTC, RLC and the bias on the lower time frameBitcoin actually is in a very good shape on the weekly time frame with a claiming back above the 200 EMA as a grand dynamic support since the day one where BTC price has formed. However, lower time frame can be different with major area of resistance is being tested. A lot of variables we need to see and break it down. Also, there is RLC which we are highly focusing right now.