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.
I will try to take action on a re-test of a move similar in structure to this one. If the channel breaks hard, I'll do market buy.
I plan to take a trade worth R 1.14 in the long direction if the 15m close comes on 0.7766. If it does not close, I will not return to short.
I think that the movement of the market may still be downward. The structure in TOTAL may bring a test of the support zones below. I will be taking a small long position in each area I show.
I'm shorting BTC. 5.65 R Position. Still waiting for market correction and finally USDT.D is on a demand zone.