EthanTW

EthanTW

BYBIT:XRPUSDT 4H trend chart - With a downtrend line and long-term support zone, XRP is forming a triangle. Now we are approaching to the end of it. If price can take out the upper downtrend line, trading strategy as below. - Profit Targets: a)1.2308----Fib(1) b)1.3244~1.3623----Fib(1.272~1.382) c)1.4029-----Fib(1.5) Stop losses: a)1.0500-----Red horizontal...

EthanTW

BYBIT:AAVEUSDT - Congrats! For guys who following below trading strategy. - As usual, do not forget to take profit at 1st TP we set, you can hold the rest until TP2 or TP3. Just take it any time you satisfy. - Also, I set a new SL $325.65 for you to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a...

EthanTW

BINANCE:DENTUSDT 1H trend chart - DENT has broken out a downtrend line, but got resisted further. It is consolidating as a descending wedge, and there is an obvious zone around Fib(0.618). If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007775~0.008120----Fib(1.272~1.382) c)...

EthanTW

BYBIT:UNIUSDT 1H trend chart - UNI is building a Big W pattern. Now it has broken out the neckline of W in 1H chart. If price can stand firm here without long upper shadow line, trading strategy as below. - Profit Targets: a) 29.539~29.905---Fib(1.5~1.618) b) 31.090-----Fib(2) Stop losses: a) 27.466-----(Red horizontal ray) - If you like this analysis, smash...

EthanTW

BYBIT:AAVEUSDT 4H trend chart - We modify AAVE pattern as a wedge from triangle (refer to last analysis) Now it just broke it out in 4H chart. If price can keep being here without long upper shadow line, trading strategy as below. - Profit Targets: a) 338.65----Fib(1) b) 351.85~357.2---Fib(1.272~1.382) c) 368.6-----Fib(1.618) Stop losses: a) 306.15-----(Red...

EthanTW

BYBIT:SUSHIUSDT 1H trend chart - SUSHI is building a short-term bull flag . Now it just broke it out in 1H chart. If price can keep being here without long upper shadow line, trading strategy as below. - Profit Targets: a) 11.88----Fib(1) b) 12.483~12.727---Fib(1.272~1.382) c) 13.251-----Fib(1.618) Stop losses: a) 10.239----Red horizontal ray - If you like...

EthanTW

BYBIT:LINKUSDT Congrats! We have taken some profit at TP1! (previous analysis as below) - Next, you can hold it until TP2 or TP3, but remember to take some profit that you already gained! Also, you can move SL upper to protect your unrealized profit. Anyway, have a good day! - If you like this analysis, smash the "like button" and leave a comment below to...

EthanTW

BYBIT:LTCUSDT 1H trend chart - LTC is forming a bull flag and seems it's gonna break it out. If price can take out the upper downtrend line, trading strategy as below. - Profit Targets: a) 214.85----Fib(1) b) 228.02~233.34---Fib(1.272~1.382) c) 236.44-----Previous High Stop losses: a) 185.5-----Red horizontal ray - If you like this analysis, smash the "like...

EthanTW

BYBIT:AVAXUSDT 4H trend chart - AVAX is consolidating in a descending wedge after hit the support zone. Now it has broken the downtrend line, if price can be keeping here, trading strategy as below. - Profit Targets: a) 69.18----Fib(1) b) 73.51~75.26---Fib(1.272~1.382) c) 79.01-----Fib(1.618) Stop losses: a) 61.94-----Red horizontal ray - If you like this...

EthanTW

BYBIT:LUNAUSDT 1H trend chart - From previous analysis, we did take TP1 from LUNA. (refer to the link as below) With the whole market falling, LUNA formed another bull flag. Now it just broke out the downtrend line, and our trading strategy as below. - Profit Targets: a) 45.590----Fib(1) b) 48.195~49.250---Fib(1.272~1.382) c) 51.505-----Fib(1.618) Stop...

EthanTW

BYBIT:ETHUSD Left: 1D trend chart Right: 1H trend chart - The whole market is encountering pullback, but we can still discover some good entry timing while falling. From my previous analysis, ETH is building a big Cup and Handle pattern. (refer to link as below) - Now, an appropriate correction is working, and we can see price is still on the uptrend(orange...

EthanTW

BYBIT:DOGEUSDT 4H trend chart - We know SHIBA has an amazing surge recently. In the meantime, DOGE is approaching to the end of a long-term triangle. Also, a uptrend line in this triangle is supporting price. So, if price can break out the downtrend line and stand firm at $0.2734(Fib_0.5) our trading strategy as below. - Profit Targets: a) 0.3529----Fib(1) b)...

EthanTW

BYBIT:XLMUSDT 4H trend chart XLM was consolidating as a triangle, and just broke it out. Now it retests the downtremnd line while all market is falling. If price can still get support from the trend line or keep at Fib(0.618) around 0.38445 till the closure of 4H candle . It's a good time to take entry. - Profit Targets: a) 0.42435----Fib(1) b)...

EthanTW

BYBIT:ATOMUSDT 4H trend chart Refer to last analysis post(link as below) - We'll set new TP/SL from previous strategy about ATOM here. From previous analysis, we put a descending wedge on ATOM and predict it was gonna break out the trend line. It did break out the line and was close to TP1, but further got resistance from another short-term trend...

EthanTW

BYBIT:BITUSDT 1H trend chart - After an amazing surge, Bit is converging as a descending triangle right now. If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 2.495----Fib(1) b) 2.683~2.759---Fib(1.272~1.382) c) 3.186-----Fib(2) Stop losses: a) 2.122-----(Red horizontal ray) - If you like this analysis, smash the...

EthanTW

BYBIT:AAVEUSDT 1H trend chart With all market falling before, AAVE is forming a descending triangle. It is approaching to the end of triangle. If price can break it out w/o long upper shadow line, trading strategy as below. - Profit Targets: a) 326.7-----(Blue horizontal ray) a) 338.65----Fib(1) b) 351.85~357.2---Fib(1.272~1.382) c) 368.6-----Fib(1.618) Stop...

EthanTW

BYBIT:XEMUSDT 1H trend chart - XEM is building a big bull flag. In this flag, a short-term downtrend line(the red one) is resisting price. If price can take the red line out , it's an aggressive entry timing( with high risk ) Better and safer timing to open position will come when the upper down trend line is broken out . Both entry get same targets,...

EthanTW

BYBIT:THETAUSDT 1H trend chart - THETA just broke out and retested the short-term downtrend line(orange line) Also broke out the long-term downtrend line. Now, a triangle is forming from the blue horizontal ray and uptrend line. If price can stand firm at 6.434(blue ray) or 6.147(Fib_0.618) , trading strategy as below. - Profit Targets: a) 7.068----Fib(1) b)...