Harmonicsignals
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1217.07
TP: 947.93
SL: 1417.52
Bias: Short
Like other instruments, ETHUSDT has some hope for shorting the market. Currently it is quite impossible to create a counter price action to go back to its past glory. Investors lost confidence and the speculators are also under the scourge of grim reality. So the price will go further down .
Daddy Musk bout ta Get SomeUpdate from previous idea that encompasses bigger picture at play:
Summary
- initial target is 730 (near term); confirmation/entry above 681. I have calls with strike at the entry (Jun 17 680s) because highly likely it will retest this resistance (which is also the beginning of gap created yesterday on 6/13). My prediction is that it will break above entry and begin a very explosive run (see "Explaination" section below)
- Intermediate target 1 = 821.70
- Intermediate target 2 = 955.50
- Goal Target = 1400 ; this will be Primary wave 5 (circle 5). *Note: I do not expect 1400 by July, so to alleviate confusion if you read the chart as such, I just wanted to capture everything in 1 chart while still showing the mechanics of the harmonics within
Explaination
- The general pattern since intermediate wave 3 = primary wave 1 has been a break of downtrend line via bullish harmonics (these are labled throughout the chart)
- The most recent price action, which I am suggesting playing long (BUT THIS IS NOT FINANCIAL ADVICE), is very bullish with a gartley coming off a butterfly to complete a 5-count Z (which completes the triple combo corrective wave, Primary (circle) 4)
What this means for the whole market : I think it has become undeniable over the recent years that the market (including the crypto market) has become highly correlated with TSLA price action, especially the big moves of TSLA - which tends to drastically affect market trends. Papa Elon is aware, don't let him manipulate you the wrong way... this planet you call earth... is not home to him. If TSLA is ending its corrective wave slightly before market, as this setup suggests, please expect the market to follow.
With Intent,
Random TSLA Graffiti Artist AKA obvious & typical "Muskie"
BTCUSDT ShortTime Frame: 30M
Symbol: BTCUSDT
Entry: 23588.35
TP: 22145.06
SL: 24922.72
Bias: Short
The price level of this instrument will slide down to a new level because of the current market instability. Actually the analysts do not see any future for BTC now and it has to succumb to a strong rejection by traders and the outcome will be a stronger down trend.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.6522
TP: 0.5185
SL: 0.7595
Bias: Short
This instrument is showing a possibility of a small short movement in range . The price is oscillating between two extremes and so it can be the same for the current signal. Considering the scope of price action ,our bias goes toward shorting the pair.
BTCUSDT LongTime Frame: 4H
Symbol: BTCUSDT
Entry: 30550.67
TP: 33054.92
SL: 28837.24
Bias: Long
The fundamental and technical analysis of this instrument suggest that there is a medium probability of rising up from the current price level. Considering the trend factors and the indications ,our bias is to go for a long trade. Precautions must be taken before trading any low volatility range.