Floki Possible short IdeaPlease view the chart for details. If you are unfamiliar with anything on the chart feel free to contact me and ask questions. We are here to teach #newtraders and save time for #experiencedTraders.
Here is a link to #Floki on #CoinMarketCap to do more research on #fundamentals and find news that may validate a pullback soon.
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ADAUSDT ANALYSIS,, TAKE THE BENEFIT!!ADAUSDT can be shorted from here if it respects the upper trend line, wait for the clear bearish candle to enter.
Stop loss can be placed near around previous LH and you can book your profit around the bottom near the strong highlighted resistance.
Best of Luck ;)
MATICUSDT ANALYSIS, DONT MISS TO TRADE IN A CHANNELMatic has been trading and moving in a channel, if it gives enough respect to the upper trendline here and make a HH here, then we can avail the opportunity to short here from the top.
Best of luck ;)
CRYPTO TOTAL MARKET - ABC Correction of EWTCrypto is making the Elliott wave pattern, but ABC correction is remaining. We can assume the A point around 378.60B , and B point near 426 , and the C point will be around 320 . After that, there is a high possibility of reversal. The third wave includes a diagonal triangle.
#GOBTC LONG.. There is not much to say about the GOBTC chart.. We can say that there is a tightness in RSI and price, after a while it seems possible to observe a hard movement in GOBTC.. The #GOBTC is priced very close to the ma50, I think the ma50 will be the leading indicator in terms of price movements and should be watched very carefully..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..