


EQDailytrading
BTC dynamic and static Lines in daily time frame. also we have a huge supply zone (10 percent wide). so be careful on your long trades.
we can see a clear bearish wedge on solan, breaking the wedge can cause a huge sharp decline in price.
There is a clear imbalance between volume and price and as much ad price goes higher in trend the volume drops. this imbalance can create sharp movement in both direction.
There is a clear imbalance between volume and price and as much ad price goes higher in trend the volume drops. this imbalance can create sharp movement in both direction.
For sol we have a flat channel, price sill struggling to break above midline of channel. there is overlap between channel midline and volume profile and POC line of volume fixed profile.
we ca see the value of total 3 still struggling in a flat channel and its is under declining trend line, by the fact that the BTC dominance is so high, if BTC starts a corrective wave it can affects dramatically on alts. so be cautious about your trade and the size of your account and leverage.
Some time we don't understand the Market, and its ok. cause some times there is a war between Bulls and Bears, and we don't want to get in the middle of crossfire, or just we don't understand where the market is heading. in this situations just stay away from trading and don't push yourself to open a trade. cause when you don't get the chart, you cant find a good...
I use ETH for analyzing the structure of crypto market, cause it usually gives more clear data and patterns in comparison to BTC. over all structure analyze shows that there is a high probability of market correction and for that we need to stay calm so market decides how it wants to break the supply zone or reject the price from it.
as we can see BTC finished its 5 wave, and now it looks bullish on its B correction wave to 32000, after that we can except the bearish momentum to 25k or even 21k.
I can see bearish divergence on ETH, 15Min . It can be a minor correction. its not an investment advice.
SOL Looks Bullish in weakly time frame, if it can break the triangle after a retest it can take back the higher levels. this is not an investment advice and its just for sharing my view.