Gracie24

Gracie24

On the 15th of June , TRXUSDT exhibited a climatic price action which has been followed by an increasing price with low volume. For clarity : Climatic price action ( buy climax or sell climax) is a period in the market when the dominant trend usually seems to be over powered . This is shown by sudden volume spike with low effect . This occurs because the...

Gracie24

Rarely will you talk about technical analysis without mentioning Dow , Magee, Livermoore nor Wyckoff. It is worthy to note that this analysis is based off one of these legends work - Wyckoff. As shown , the last impulsive move by SHIBUSDT originated from this range of accumulation . From the annotation and identification , we will observe that this is a...

Gracie24 Updated 

BINANCE:BTCUSDT Following BITCOIN inability to find support on its primary technical support level in early January, BTC has been on a downward 👇 trend. Ideally based on elliot wave principle ,after impulse comes correction. Hence we already saw some correctional moves the past few weeks and are approaching a significant zone in the market where I expect...

Gracie24 Updated 

After some rallies , the electronic car giants started showing some signs of weaknes which was confirmed by a gap down some weeks back. As if this isn't enough , we have a confirmed bearish bat which is showing signs of reversal already . Should this hold , we are most likely going to see Tesla back to its primary trend line but this will be a heavy decline . ...

Gracie24 Updated 

After some sharp sell off in the popular play - to - earn coin - AXSUSDT, the asset found support at 130± zone which had been a strong support in the past . Within this zone , AXS has shown some signs of accumulation wherein it is at the late stage of such . Should this hold , AXS is most likely to attain $178, $190+ and $200+ as these are the 1.272 , 1.618 and 2...

Gracie24 Updated 

SLP had been on a downward spiral for several weeks now . The previous two weeks gave a bullish closure , after this observation, I projected a 1.272 retracement for a potential resistance which held its ground. Intuitively, I was expecting a Gartley formation which has been completed at around 0.07 . Currently I am on this trade aiming for highs 0.1

Gracie24 Updated 

BTC is showing a likely retracement towards the 35600 area which is a good zone of supply as shown in the chart. This area coincides with the 38.2 Fib zone and a previous support which may likely become resistance. A retest of this zone will see us back in our direction ( downtrend) IMO . #Trade responsibly .

Gracie24

BTC on the weekly time frame just completed a beautiful head and shoulders formation with a strong support at the 35-36(k) zone. A break through 35k will likely see us testing 32k zone . IMO ; a good sell is confirmed at 35k± areas . #Trade responsibly