MrHunterTradeInsight

MrHunterTradeInsight

With the formation of a strong downward wave, it seems to form a base drop and the price will continue to fall

MrHunterTradeInsight Updated 

Following the previous analysis, due to the closing of the market yesterday and today, we have seen a not so noticeable strengthening of the buyers in the support of 22000, which is only a psychological support, and since a significant volume (at least until today) has not been recorded, this candle cannot be used to continue moving. Ascending was known as a...

MrHunterTradeInsight

Dominance Tether in the weekly time frame has obviously taken the second ascending step faster than the first ascending step, and the weekly candle that closes until tomorrow is being rejected and created and is rising, and this means that the power in the weekly time frame is still in the hands of the sellers of the crypto market. Is.

MrHunterTradeInsight

With the shortening of the ascending steps and the increasing slope of the descending steps, we are probably nearing the end of the upward trend in this currency, but to confirm entry into the short position, we need the presence of stronger sellers, which can be achieved by creating a lower ceiling or a higher ceiling with upward momentum. Weaker and confirmation...

MrHunterTradeInsight

Since when the price reaches its daily resistance, the price is shortening the upward steps and strengthening the downward steps.

MrHunterTradeInsight

Due to the creation of lower floors and ceilings in the recent steps of movement, with the price coming below the current candle, we can imagine the continuation of the fall for this currency.

MrHunterTradeInsight

Due to the creation of lower floors and ceilings in the recent steps of movement, with the price coming below the current candle, we can imagine the continuation of the fall for this currency.

MrHunterTradeInsight

As it is clear in the chart, after the price reaches the resistance zone, which is the resistance zone related to the daily time frame, which is shown in yellow color, after the price is rejected from this zone, it is expected to work as a price cushion by creating a pattern. suitable for Kandli to create a good position for the position of shorts

MrHunterTradeInsight

After the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an...

MrHunterTradeInsight

After a profitable movement, the price formed downward steps and by reaching the daily resistance, it formed a harmonic pattern, and according to the pin bar pattern formed under this resistance, it can be suitable for a short position.

MrHunterTradeInsight

again it can dump and build some profit in short position

MrHunterTradeInsight

The rising wedge pattern is completed and we can expect the area of volume density to drop

MrHunterTradeInsight

As shown in the chart, the price is being rejected when it reaches the ceiling of the triangle pattern and the area of volume density. If the price can break this area, it can grow as much as the triangle pattern. Otherwise, expect the price to fall and hit the bottom of the triangle. And the price continues to fall

MrHunterTradeInsight

It seems that during a 5-wave movement, the price is reaching its resistance and is expected to fall as much as a correction.

MrHunterTradeInsight

As can be seen in the price chart, it has reached its dynamic and static resistance, and an upward break or a downward rejection can create a good position for this currency.

MrHunterTradeInsight

When the price reaches the resistance zone and completes the upward movement of its previous wave, we can expect a reversal pattern and a short position

MrHunterTradeInsight

Due to the weakening of the upward steps in the movement of this currency and the creation of a double ceiling, it is expected to fall to lower prices.

MrHunterTradeInsight

After the downward extension that we are witnessing in this currency, we expect a correction and if confirmed, the short position is appropriate