I see further drop to $2k4-2k6, which are the last resistance and 0.618 fib respectively. From there we can start to bounce.
Either it’s mfi, wave count or price action, all seems to signal a last big pump is coming for $GALA. I would tp at roughly 0.1-0.101
I placed a long order at 0.1. Someone please dump it and give me the sale price :)) Thank you very much.
Tho bitty is still in an uptrend, I expect a wave C of this corrective wave to either retest the 42.5-43k support or to drop further down to 40.5k (0.786 fib of the previous wave). From there we could expect a return to the uptrend when the mfi be in the oversold region for long enough. I would place a short order at 49k (0.618 of wave A) and 50.5k (0.786 of wave...
Inverted cup and handle pattern in progress. A retest of $421 is expected. Lower support levels are 412, 408 and 403
0.618 fib seems to be holding firmly as a resistance. It could then break below 394 and continue the downtrend back down to retest the support level of the last historic epic big crash. Live to trade another day!
Bitty is having a nice textbook 5-wave uptrend. Happy riding guys!
Scenario 1: Form an Inverted Cup and Handle/ H&S Pattern at 410 then go down and retest 380-383. A break above 415 invalidates this pattern. Scenario 2: Go up to 0.618 fib/ S2 at 421 to finish wave (E) of this corrective wave, then go down and retest 380-383. A break above 440 means termination of the downtrend and hence this scenario. Looks pretty bearish for a...
BNB is basically copy-pasting its previous move. I expect price to drop to around 410 (0.382-0.5 fib retracement) to finish wave E then begin wave 3 of the uptrend. Target 420.
When BNB finishes wave (C) (or (E)) of this Correction Wave + prices be around 406-408-410 (fib levels) + the “time” is right + MFI is “low enough” = I shall go long again
BNB has completed 5 waves (look at BTC hourly, it’s much clearer) and now seems to be forming a double bottom. MFI is also showing “strong buy”. I placed my long entry at 400, tp 417 and sl at 391.7 (R/R 2), a little bit below the recent Low.
Bitty broke a strong support at 45.5k so it’ll probably turn to be a strong Resistance in this downtrend.
Bitty is having a little downtrend from 47.4k to 45.5k. However 45.5k seems to be a strong support as it has hold firmly many for many times in the past. Therefore I’m hoping for a reversal and hence a double bottom at that point. If it does reverse we can place a long order and tp at 46.5k and/ or 46.7-47k If bitty broke 45.5k however, we can then go short with...
BNB was uptrend for a while but then broke the trend when it closed below the 416 Support. Now MFI on the hourly is in a buying zone. I expect a right leg up to 430. From there it can either continue to go up breaking 440 and form a new uptrend or reverse and follow a H&S pattern. Right now I would go long with a sl at 405. Happy trading!! ((Not a financial...
BNB seems to be going sideway/ slightly uptrend between 405-440. It failed to break above EMA100 so that is still our resistance for now (but once broken the uptrend will be strong). Most recent prices are above EMA30 which is a confirmation of the uptrend, in addition to higher highs/ lows. I would wait for MFI to be below 25 and place my long entry as long as...
BNB seems to have formed a new uptrend from the dramatic 30% crash. Fibo + pivot levels are working quite well. If we see a break above 437 it’s time to enter long with tp 450-465 and sl 417-420. A break below 405 would terminate the uptrend. Note tho that MFI is above 75 but in an uptrend it has less significance. Happy trading!
Sooo: here’s the devine SOL MFI is below 30 and the general “vibe”/ trend is still uptrend. However there’s a short-term downtrend trend line and it’s in an symmetrical triangle price pattern. I would stay out and watch for a while, tho if I really want to place a bet here I’d go with long. Happy trading guys.
Btc is very likely to form a H&S pattern. on the 15m. Next Support level is 44.5k