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DASHUSDT - is going higher now?BINANCE:DASHUSDT 1H trend chart - DASH left a long upper shadow line today. Now, it already broke the downtrend line, but there is definitely some resistance around the shadow line. We can try to take entry here or wait for price to stand above 232.6 w/o wicks top, and trading strategy as below. - Profit Targets: a) 247.8----Fib(1) b) 264.8~271.7----Fib(1.272~1.382) c) 286.5----Fib(1.618) Stop losses: a) 218-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
✅AVAXUSDT - Spike and so close to TP3 as predictedBYBIT:AVAXUSDT - Congrats! You must have a nice profit right now if you're following the trading strategy as below - As usual, do not forget to take profit at every TP gradually, you can hold the rest until TP3. Just take it anytime you satisfy. - Moreover, I set two new SL which are $94.205 to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
5
✅WOOUSDT - Bigger handle hit our TP2BYBIT:WOOUSDT - Congrats for you guys who following the trading plan as below. - We did set a handle before, and it built a bigger one eventually. After the handle pattern completed, price start going up till our TP2. - As usual, do not forget to take profit at 2nd TP we set, you can hold the rest until TP3. Just take it anytime you satisfy. - Moreover, I set a new SL $1.6943 to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3
WOOUSDT - Entry timing of Cup and HandleBYBIT:WOOUSDT 1H trend chart - WOO is forming a cup and handle pattern, and we are approaching to the end of handle. If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 1.6834~1.7032----Fib(1.272~1.382) b) 1.7458----Fib(1.618) c) 1.8146----Fib(2) Stop losses: a)1.5612-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
HT-USDT price prediction #Houbi Token (HT) I researched this project, which is an exchange. They are building a great ecosystem like what Binance did before. Personally, I missed Binance and couldn't get a good profit from its run. But I believe HT would be a second Binance. So I bought a relatively big bag here. If it drops to the support area (the green box), I will start laddering on the way down. For short-term trade, if it can break the bearish trendline, TP1 would be around the channel mid-line, around $20. I expect to see it around $100 by the end of this bull cycle. Current price: $9.78
HLong
by Mrcryptotracker
AVAXUSDT - Time to buy?BYBIT:AVAXUSDT 1H trend chart - AVAX just broke out the downtrend line, and even took out the neckline of double bottom(blue zone) in 1H chart right now. There are lots resistance around the neckline. So if price can stand firm at 90.015 w/o wicks top, trading strategy as below. - Profit Targets: a) 93.285~94.605----Fib(1.272~1.382) b) 96.025----Fib(1.5) c) 102.030----Fib(2) Stop losses: a) 87.615-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
BTC current situation is similar to before COVID crash in 2020I don't know why our current situation reminds me of a few weeks before the COVID crash in 2020. See the similarities I found in these two periods. I don't say this will happen, but it worth to keep it in mind. I still believe we will see another leg up before any types of crash. Based on the news, COVID is increasing across the world. In Europe, the situation became critical and I also the US COVID cases are on the rise. It rings a warning bell to me. I decreased my exposure to the market.
BITSTAMP:BTCUSD
by Mrcryptotracker
3
ETHUSD - When will this correction end and nice entry timing?BYBIT:ETHUSD 1D trend chart - ETH completed the big cup and handle pattern as we predicted before. - Further, it gets lots of correction and keeps making higher high. Recently, ETH shows a pullback after hitting TP2, and it's great to see a correction if TP3 is coming. Additionally, I mark the good support zone in the middle part of the chart, which is formed from 4383.5 and the top of handle pattern, we expect an effective support level showed there. Therefore, if price go down and consolidate around the support zone, keep observing it with 1H/4H time frame, because an entry timing for long-term trading is gonna show. - Trading Strategy Profit targets: a) 4035.5----Fib(1)---> Already Hit! b) 4666.45~4921.65---> Already Hit! c) 6355.25----Fib(2) Anyway, never forget to control your risk - Let's see where ETH can bring us to! - If you like this analysis, smash the "like button" and leave a comment below to share your thousghts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
BYBIT:ETHUSD.PLong
by EthanTW
1
FIBONACCI TOOL common reversal levels📊 ❗️Fibonacci levels are one of the most popular tools for analysis. These are price levels that are located in certain parts of the movement corresponding to the mathematical Fibonacci numbers. 🟢What are Fibonacci numbers? In the XIII century, the famous scientist Leonardo of Pisa lived in the Republic of Pisa – the first major medieval mathematician in Europe. On the cover of one of his most famous works was attributed filius Bonacci (son of Bonacci). Hence the nickname Fibonacci. The Fibonacci numbers are a sequence of numbers derived from Leonardo's experiment on rabbits. The Pisan mathematician decided to find out how many pairs of rabbits will be in a fenced pen a year after the start of breeding (provided that there will be only one pair in the pen in the first month). In the third month, the cuts began to multiply recurrently – each subsequent number was equal to the sum of the previous two (1, 2, 3, 5, 8, 13, etc.). If any number from the sequence is divided by the previous one, you get a number tending to 1.61803398875… This number is the "golden ratio". In algebra, such a number is called the Greek letter phi. When dividing any number from the sequence by the following, the inverse of phi 0.618 is obtained. When dividing any number from the sequence by the number following one, 0.382 is obtained. In this form, Fibonacci numbers are much more familiar to traders. 🔴Correction levels Correction (retracement) - movement against an existing trend. The correction "absorbs" part of the trend movement. Of the Fibonacci numbers, 38.2 are mainly used for correction levels (from the previous trend movement), 50%, 61,8%, 78,6%. Correction levels are based on candle wicks, in other words, on their maximum or minimum points. To build a correction level, you need to find a trend. Fibo levels can be asymmetrical, so it is especially important to pay attention to where the beginning and end of the wave on which the level is being built are located. On a downtrend, 0% at the bottom, 100% at the top. When ascending, the opposite is true. The most significant correction level is 61.8. When a breakdown of this level occurs, a new trend in the opposite direction usually begins. After that, it is necessary to build a new corrective level. Correction pattern – movement between minor correction levels. After such a move, the price usually moves to the key level of 61.8. 4 patterns are depending on which levels of correction the price concerns. ⚠️Even if the skills of analyzing the state of the market by Fibonacci levels will not be a big advantage in trading, then in any case it is a great (and to some extent integral) experience of technical analysis. Fibo levels can be combined with a footprint, deltas, and other tools. The trader will understand only in practice if it is possible to benefit from this or not. ❤️ Please, support our work with like & comment! ❤️
BITSTAMP:BTCUSDEducation
by SignalProvider
23
NEARUSDT - 2 ways for entryBYBIT:NEARUSDT 4H trend chart - NEAR go back to Vegas 12ema right now after hitting Vegas 144/169ema. If price can keep being here until 4H closure, it'll meet the entry of Vegas tunnel trading. Moreover, there is an upper downtrend line in the middle part of the chart. If price can break out the trend line w/o wicks top, it's also an entry timing. Trading strategy as below. - Profit Targets: a) 13.23----Fib(1) b) 14.988~15.699----Fib(1.272~1.382) c) 17.225----Fib(2) Stop losses: a) 9.94-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
✅LINKUSDT - One more pullback then Surge to our TP1BYBIT:LINKUSDT - Congrats! You mush have a nice profit if you're following this trading plan. - As usual, do not forget to take profit at 1st TP we set, you can hold the rest until TP2 or even TP3. Just take it anytime you satisfy. - Moreover, I set a new SL $34.882 to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
✅LTCUSDT - This insane bull takes all TP we setBYBIT:LTCUSDT - Congrats! 3 TP set from below trading plan were hit eventually. - Just take it anytime you satisfy. - Moreover, I set a new SL $254.53 to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2