I’m entering a short position here, expecting the price to reject off the 2.8144 resistance level. My stop loss is placed slightly above at 2.8312, which provides a safety buffer in case of a minor fakeout. The take profit target is down at 2.5394, aiming for a clean reversal and continuation of the bearish trend. This gives me a favorable risk-reward ratio. ...
Trade Setup Explanation: Price Action Expectation: The current setup anticipates a breakdown below the 97,734 level, followed by a retest of the breakdown zone (likely between 97,000 and 97,734) before continuing downward. This is a common bearish structure where the retest serves as confirmation of resistance after a support break. Entry Zone: The entry...
Alright, here’s my setup for this trade, targeting a 1.88 R: I’m expecting the price to reject off the orange resistance zone and head lower, continuing the bearish trend. My entry is just below that zone, with a stop loss placed slightly above the resistance to protect against any unexpected breakout. The take profit target is at the blue zone, where I...
I touched the grass. I actually earned about 247 GRASS from this project. This airdrop was one of the most widespread and I think the sales pressure continues. Nevertheless, I consider that it can be priced above $ 5 in the long term. At least I have low target expectations for the 3rd wave.
I don't want to predict too many bottoms, but what I see here is a nice ABC correction. It went down to the 0.5 fib level, now there should be another wave of impulse next. I have marked the areas where it may see a reaction up and down, but regardless of this, I will wait for it to make a new peak.
As it seems. To the moon. DYOR. Waves got enough energy within green area with last tick a.k.a liq attack. Let me see what happens next.
It has lot of hype on it. If any bull comes up, it will be seeking like this. I'm long term hodler. DYOR
Tier 2 chains did not bring the hype I expected. They will probably start to be more on the agenda with the ETH Merge. Impulse waves are next.
I'm in a short position in EGLD like this. And also waiting for the below, Weekly OB area for a long position.
Long again. Previous prediction gone well. ABCDE correction on its way.
I was waiting a breaking of 0.3 $ and it is finally here. So, I bought some PYTH here, also had another buy order that price label shows. I think possible Bottom area is 0.27-0.29 at all. Maybe it never steps there. Also had a long position. My SP is 0.2699 on there.
It has been broken, the last bearish OB, so i have two TPs for this.
Wave losing its trend to way down. Also OB is showing itself as demand place. I think it will gather another top. 2.6 R position.
After I stopped with 0.5 profit on previous position, I saw a good manipulation. So I shot another chance for a long.
I believe the fifth wave has arrived. If this whole rise is pointing to a 1st wave or a B wave, the correction will come. I got a trade close to 1 R.
See the entry and stop points there. Kinda 3 R or smt.
At this point, I will be following the possible movements EGLD can make. I think the likely scenario will be to see the demand zone below (around $ 41). If it cannot see enough demand in the demand area, I think it may hit the support of $ 39, which I have been thinking about for a long time. Therefore, I will set up accordingly.
When I consider the 4-hour closures, I see a pennant-like structure. I want to wait for it to go down to the previous FVG area and take long positions from there.