Eth bounced at lower trendline of the parallel channel and now moving towards 1400 1500 as illustrated in the last idea. Reasons for long: 1. We had 0.786 fib level at 1225. 2. Good support at 1238. 3. Perfect retest of the lower trendline of parallel channel. NFA.
We have 1. 0.786 fib retracement levels around 1224-1225 2. A good 1D support at 1238, so there's definitely a good scalp opportunity there 3. We also have the lower trendline of the parallel channel and it has currently bounced from here. Let's just see if this plays out, very low probability.
AXSUSDT tested its major support level at 44$ and now it is making higher highs and higher lows. If a 4hr candle closes above the Monday high then we can a bullish trend reversal and you'll see AXS rallying towards our targets. This is not a financial advise. Always manage your risks and dyor. Happy trading. -Husen Rizvi.
In reference to the previous idea that I shared, Price did hit our short tps, now it might further retrace till ema55 at 13.75 or below before moving up, as BTC dominance is increasing and the market is not looking good for alts. Cheers HusenRizvi.
OMGUSDT has been making higher highs on 4h TF and been following a trendline. This could be the scenario if price break this trendline.
CELRUSDT pair has broken the continuous uptrend and testing it's support between 0.163 to 1.68 right now. If it bounces of off this level then our targets will be between 0.22 to 0.24 and if this support breaks then we have another trendline support near 0.152 to 0.147 range and if it further retraces from this range then we will be seeing it again at 0.12-0.13 levels.
That's a crucial zone for BTCUSDT. Bulls has to hold 40k atleast.
After BTC faced a correction from 53k, the market is slowly bleeding towards 38k. Here's my trade setup.
BTCUSDT has been following a trend since it pumped from 29k on Eid but now we can see it breaking the ascending trend line (white line) downwards after facing rejection from the marked descending trend line (red line) . I am expecting further correction of prices till it reaches the demand zone.
We can clearly see a cup and handle chart pattern, I think we will be seeing BTC at 41k or above in next few days. Happy Trading.
BTC has been following a trend since the last week, and now we can clearly see it breaking the trend line downwards. I am expecting a fall below $30k, not right now but definitely within this week if it follows the marked BLUE trend line. NFA.
BTCUSDT has been following a trend on the 4hour chart as you can see in the chart. Looks like it's about to break the trend downwards as it got rejected from the 20ema resistance. Eid is also around the corner so Eid Mubarakk in advance. ✌🤞
Perfectly bounced off of another marked support level of 1982. Enjoy profits. NFA.
Here we can see ETH USDT bouncing off of a support level of 2020, let's see where it goes from here. Just few hours left till closing, and i think BTC will be closing above 33000. Don't forget to keep an eye on BTC as if it falls, it will majorly impact ETH prices. NFA.
I am really willing to see ETHUSDT booming but not right now.
Looks like another bull trap to me. I'd still go short from where we are right now. NFA.
As I previously posted, ETH is facing strong resistance at 2230 to 2250 again after breaking it tomorrow and is very likely to dip down to 2177 or maybe below 2100 if BTC drops down to 32500, that would be the worst scenario and I'd definetely LONG it from there. Please trade accordingly and always do your own research. NFA. Hussain Rizvi.