Waves
Possible Downside to Bitcoinhello traders
Bitcoin is still inside the wall of sellers and it is possible that we will get another bearish impulse wave, so we are now looking to sell, but there are conditions for executing a sell trade
First, the level of 19858.98 is not broken
Breaking the last wall of buyers, and the reaction of buyers after the break is corrective, and sellers also overcome it
If these conditions are met, a sell trade will be executed to target the level 18568.12
CSCO daily bearish hammer can run into weekly downtrend support Order SELL CSCO NASDAQ.NMS Stop 41.28 LMT 41.28 will be automatically canceled at 20230401 01:00:00 EST
CSCO daily bearish hammer can run into weekly downtrend support line if break below. Probably chop of the wave 4 downtrend, be quick. Looks like nothing in our way for quick 1.2R.
MTF Wave Stochastic RSI full wave example JASMY/USDTA good example for a full MTF Wave Stoch RSI full wave on the 12h time frame with clear entry and exit on the MTF. Although it is an old PA for JASMY, I find this one of the best case studies on how to read the Stoch waves on the MTF for precision entries, from which we can learn from. Don't hesitate to ask if you have any questions!
Possible Downside to Bitcoinhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 18870
Waves the clam before the Storm
As such, the falling wedge can be explained as the “calm before the storm”. The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher.
Hence, a falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
The potential downside of goldhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 1611.500
Trading opportunity for WAVESUSDTBased on technical factors there is a Long position in :
📊 WAVESUSDT
🔵 Long Now 3.300
🧯 Stop loss 3.180
🏹 Target 1 3.390
🏹 Target 2 3.500
🏹 Target 3 3.670
💸RISK : 1%
We hope it is profitable for you ❤️
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