$KLAY/USDT 4h (#BinanceFutures) Symmetrical triangle on supportKlaytn is pulling back to 200MA where we expect it to bounce and resume bullish, risky but probably worth it!
Current Price= 1.2430
Buy Entry = 1.2424 - 1.2214
Take Profit= 1.2982 | 1.3572 | 1.4242
Stop Loss= 1.1789
Risk/Reward= 1:1.25 | 1:2.36 | 1:3.63
Expected Profit= +21.52% | +40.68% | +62.44%
Possible Loss= -17.20%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
Tags: #KLAY #KLAYUSDT #Blockchain #Scaling #Metaverse #Gaming #Enterprise #EVM #DApp #Governance
Website: www.klaytn.foundation
Contract:
#Mainnet
Scaling
is the $130 a selling opportunity?I will draw the inverted chart after the 4th and 5th waves formed completely.
crab harmonic pattern:
X=$8
AB=0.61 XA
BC=0.38 AB
1.6 BC=$2.88
0.78 XA=$3
2 BC=$4.36
0.88 XA=$4.77
2.24 BC=$5.65
2.6 BC=$8.51
1.13 XA=$14.4
3.6 BC=$25.17
1.27 XA=$27.4
4.23 BC=$49.17
1.41 XA=$51.2
1.6 XA=$131.39
OMG is making a base for the 2nd wave?butterfly harmonic pattern:
X=$107.35
A=$0.212
AB=0.78 XA
BC=0.88 AB
0.61 BC=$5.42
0.78 BC=$11.23
0.88 BC=$17.32
0.78 XA=$28.31
1.13 BC=$49.86
0.88 XA=$52.78
1.13 XA=$241
*1.6 BC=$413
*1.27 XA=$584
1.41 XA=$1379
2 BC=$2160
1.6 XA=$5036
*2.24 BC=$6111
the 2nd wave is nearcrab harmonic pattern:
X=$4.36
AB=0.38 XA
BC=0.38 AB
*1.6 BC=$0.145
2 BC=$0.3
2.24 BC=$0.477
0.78 XA=$0.895
*2.6 BC=$0.983
0.88 XA=$1.87
*3.6 BC=$6.65
1.13 XA=$11.4
4.23 BC=$21.69
1.27 XA=$32.61
1.41 XA=$90.54
*1.6 XA=$422
Bitcoin12.25.21 Bitcoin This is a follow-up on bitcoin if you think of this as a spike trade. But the real focus is on scaling techniques which can turn a relatively contracted market for the past 10 days into a very profitable sequence of scaling in and out the market. If you have no interest in bitcoin per se, the real importance of this video pertains to scaling techniques.
Bullish case for LRC vs ETHPricing LRC vs ETH makes the most sense for now. As LRC becomes multi-chain this chart could become less important.
This pitchrok is drawn to early, but may give some guidance on how the price might move.
If Loopring starts to claim it's seat in essential ethereum scaling it can do quite well. However if it falls behind this pitchfork will probably find itself useless.
Polygon (MATIC) Growth Incoming Looking Nice!Polygon Matic has been showing signs of gaining positive momentum. We're loosing negative momentum on our MACD histogram and still have yet to bullishy diverge. On the Stochastic RSI we're formed a nice trough starting to creep out of the oversold territory. Layer 2 Ethereum scaling cryptocurrencies will be rising with the growth of Ethereum. I believe move up to the 0.786 Fibonacci level at $2.25 is looking like a good short term possibility. We have a nice sturdy uptrend since July. I do believe we will be getting a re-test of $2.70 cents for Polygon in the weeks to come with the overall growth of the market.
Keep a close eye on Polygon Matic as it has good fundamentals pushing it forward this cycle and still has room to grow.
Much peace, love, health, and wealth!
could Polygon breakdown the critical point?Fibo levels:
X=$0.28
1.6 BC=$0.154
2 BC=$0.32
2.24 BC=$0.51
2.6 BC=$1.06
1.6 XA=$5
3.6 BC=$7.28
$5 and $7.28 are massive resistances but if Polygon breakdown these resistances and the critical point anyone can't stop it.
MATIC has big gains ahead!Bit of a messy chart this one, but not only do we have a bullish pattern of higher lows and lower highs (green lines) but we also see what could be an inverted head and shoulder pattern with a price target above all time highs.
Sidenotes:
MATIC is a great project, accumulate while its cheap!
I love their ability to evolve to suit the current landscape. long term i think a new test at all time high is likely, but more than likely it goes far beyond that.