TUT Analysis (2H)From the point marked as "start" on the chart, the TUT correction has begun.
It appears to be an ABC correction, and we are currently in wave B of this ABC.
Wave B seems to be a complex correction, possibly a triangle or a diametric, and we are currently in wave c of B.
Wave c of B itself appears to be forming a symmetrical pattern.
It is expected to move toward the red box while maintaining the green zone.
The targets are indicated on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TUTUSDT
#TUTUSDT.P | Is the Drop Deepening?#TUTUSDT.P
Looking at the chart, I expect the price to hover within a range for a while before making sharp downward moves. As shown in the visual, I anticipate the price to fluctuate between $0.043 - $0.038, then break the $0.037 - $0.037 levels and quickly test $0.032 and $0.027 levels.
However, before the major drop, I believe the price will give us another opportunity to enter a short position. Therefore, I have set my short position target at $0.038 after opening it at $0.043.
May our trades be profitable, friends! 🚀📊💰🔍⚡⏳
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #TUTUSDT #Binanciega
Will the Classic Formation Repeat ?Hey friends, here's the next analysis for today on #TUTUSDT.P. Lately, I believe this classic pattern we’re familiar with will repeat itself, just like it has with other coins. 🚀📊
The price initially makes a sharp correction, pulling back to the Fibo 0.382 level 🔄. At this point, it finds strong buyers and pushes itself back up. During the decline, it tests the lower point of a small double top it broke earlier, then rebounds and, as it approaches the 0.382 level, it finds strong buyers again, preventing the price from dropping further. It creates the impression of a double bottom during the drop and rise. Then, the price breaks the neckline of the double bottom pattern and hangs around there for a while before the inevitable sharp drop with large bearish candles. 📉🔥
We’ve pretty much memorized this formation by now, right? 😅 I’ll leave you with that, and now I’m off to sleep! 😴
#TUTUSDT.P is looking like it's following the same path again. Therefore, I recommend getting into positions gradually. The price should first reach around the $0.040 level, then push towards $0.048-0.049, where it will likely make a final stop loss hunt 🔪. I think it’s a great position with a 1:3 risk ratio! 💰
By the way, due to the Funding Rate situation, I recommend not opening a short position and going to sleep 💤. Also, keep leverage at a minimum and pay attention to the Funding Rate "tax hours." ⏳
Stay green, friends! 🍀💚
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #TUTUSDT #Binanciega
TUT ANALYSIS (1H)It seems that wave A has completed, and this token has entered wave B, which is bearish. The wave B structure appears to be symmetrical.
In the green zone, the price may sweep the liquidity pool and bounce upward.
Targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this analysis.
invalidation level: 0.015680$
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You