We stayed above the blue line and next target is red box. Breaking above this could lead to reaching 4188. Conversely, failing to surpass the red box may result in a pullback. Also, the large gap below is created by the breakout candle.
Price created this range. If it breaks above, we can reach daily imbalance above. we have daily imbalances below plus MO level. It looks good for the bounce trade. Also, we have OTE level below (blue box).
In this price range, if we lose EQ level, price can enter discount area. We have two blue boxes. These are very important. The top shows premium area and the bottom one shows the discount area. We should wait for the discount area to build position.
Price looks like going to give a pullback. Blue box is good area to buy and stop-loss should be at below previous low. If we pass the weekly level then we can expect higher prices.
Price is currently at OTE level, i am expecting a retracement from current level. This move can bring us blue box below. I will try to build position from that level to WO and PWO. We need to stay above the weekly levels for the higher prices.
Price is consolidating at current level. Previously, we took the liquidity of our range. I believe, price doesnt want to go that level over and over again. If we drop there, that means we can reach lower prices. If we stay above 1.04 level then higher prices
ETH is struggling and it can't find any buyers from current level. 2713 and 2500 levels are looking great. We have untested swing high and weekly imbalance below. It is hard to predict for now but once price comes to these levels, we should look for range and breakout candles.
Red box is a strong support. Price is above at the moment and I think buyers are staking at that level. Once everything becomes normal, we can reach out levels.
I have dreams :P Current price action work as a range, then price breaks below and makes deviation. And it reenters with big expansion candle to continue its trend. Or this move potentially, push us to daily imbalance above.
OP is struggling to reenter our range above. We are currently at discount area. Even if we give a big pullback towards diagonal, we should be thinking to buy not sell at the moment.
Stop loss 10%. It is important to use stops loss, then you can get it from the lower prices and bigger quantity. Price tapped our support level at 29.33. It worked very well and filled the imbalances as well.
In positive scenario, our target levels are 4.17/5.31. ARKM is waiting for BTC to go high and it is easy for arkm to reach its targets. I am pretty bullish here 👀🚀 if price gives pullback it is good to buy.
I have same expectations. If we break the previous low and stay above the weekly and monthly levels. I'll be expecting higher prices.
We have bounced from our current level. I want price to stay above blue line above to reach our target level. So far AI coins reaction are pretty powerful. Do not forget to accumulate these for the next run.
Is this the local dip? As long as we protect the liquidity level below where the blue line is. I am aiming higher levels. If I were the market maker, I would drop the price to the imbalances and then push it to the daily imbalances. 👀
RIO is increased by 34%. I still have an order at 1.17 dollars. I am continuing DCA. We broke the structure, we. Need to stay above weekly level or price can visit discount area again. I see daily imbalance above, first we can fill that before going down.
As we discussed last week, our first scenario looks like happening. Price filled the imbalance and increased by nearly 11%. I want price to stay above red box, we have a supply level at our current level. We need to pass that level as well.
As we consider this move as a deviation this looks like a low-risk setup. There is an imbalance and RL level and the stop loss level is in important level. If we stop out price will reach lower imbalances. 🙏👀 Coinbase earnings are very good.