A SHORT TRADE ON SAGA/USDT.P WITH AB = CD PATTERN.Here SAGA/USDT.P is right now in bearish trend and looking to go more down towards is targeted position.
SAGA/USDT Analysis: Potential Bullish Reversal with Elliott WaveThe chart illustrates a potential Elliott Wave structure unfolding for SAGA/USDT on the daily timeframe. Currently, the price has dropped to the support zone of $1.6 - $1.7, suggesting the end of Wave 2, marking a potential entry point for a bullish move.
Detailed Analysis:
Elliott Wave Structure:
Get on Board: $SAGA Set to Take Off!It fired a strong weekly signal last week and is now retracing part of the expansion bar. I'm feeling confident about buying below $2, even down to $1.70.
The consolidation below the previous low and the subsequent reclaim of that level are very encouraging. I expect this one to outperform in Q4 on
SAGA Project Overview: BIG WHALE PLAY INCOMINGSAGA Project Overview
Recent Price Action
SAGA has faced a prolonged downtrend, breaking multiple support levels and hitting multi-month lows. Many investors, including our community members, hold SAGA tokens received from multiple airdrops, which are essentially "free" tokens but are currentl
SAGA Longsaga changed structure after the mitigation of the 1h demand and showed a bullish structure.
i opened a long position at the extreme and targeted a 1:2RR and hopefully, it's gonna play out.
this is not financial advice or anything, this is only my personal perspective and looks from the market.
best
update on SAGAso as you can see guys we came to a higher time frame 4h demand after our previous demand got disrespected and to be honest this is looking good for three reasons:
1- we are currently bullish on the order flow.
2- price swept the liquidity to the demand.
3- the price has a reason to go up and take o
SAGA potential buyas you can see price looks very bullish in the higher time frame and currently is making a corrective move toward the 4h demand.
after the mitigation, I will wait for the confirmation in the lower time frame and look for buys. I will keep you guys updated about this position.
have a blessing day.
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TECHNICAL ANALYSIS:
SAGA has been trading within a channel for an extended
Chart Analysis (SAGA/USDT)Chart Analysis (SAGA/USDT)
Published on Oct 10, 2024.
The 4-hour chart shows a clear support level at approximately $2.3055 (highlighted with grey boxes), where price has historically bounced off multiple times. The price action suggests a consolidation phase around this zone, with frequent tests
MY SHORT TERM TAKE ON SAGA/USDT PRICING
- Bias: Bullish
- Current Price Action:
- Saga has established a strong support at $0.8675, which has provided a solid foundation for its recent price movement.
- After breaking through a significant resistance level at $1.8603, Saga has returned to consolidate around this price, indicating the
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Displays a symbol's price movements over previous years to identify recurring trends.