Mushifar

Mushifar

I find something similar to the current movement of the BTC in the chart. just a day before the flash crash of the 7th of September, BTC made a higher high and a higher low on the 4 h timeframe after a good rally with a bearish divergence in RSI and then broke the 50 k level and crashed. As we see in the current market BTC is kind of doing the same thing. It made...

Mushifar Updated 

As price is a retracing from its last leg up I used the Fibonacci tool on the previous swing low to swing high, placed my bid at 0.5 Fibonacci level with a stop-loss under 0.61 Fibonacci level. tp would be swing high

Mushifar Updated 

Sushi had a very strong upward movement in the last couple of days and now is retracing to 0.61 FIBO level. I expect a nice bounce from here cause this level lines up with 100 and 200 SMA 4h timeframe and a previous resistance turned support. long entry around 12,5 dollars and stop-loss just below 200 SMA. First TP would be 14.5 dollars and second the 16 dollars

Mushifar Updated 

well, it seems FTX ran out of bullish momentum and it's heading down towards the mid-range of its current rally. just broke out of the reverse head and shoulders neckline, Price is below 100 SMA but we have the previous ATH as support. Low volume on the breakout. I would enter short if we break the 63 support line with a good volume. tp 1 would be around 0.5 fibo...

Mushifar Updated 

price broke out of this pennant and successfully retested it, so I enter a long at the current price of market with a stop-loss just below the previous low and tp at top of the pennant.

Mushifar Updated 

price approaching a demand zone which bounced from a couple of times before lines up with 100 SMA 4h timeframe. I entered a long scalp at the current market price with a stop loss just below the support zone and TP at the previous high.