thanks again Karimon for the suggestion. We are breaking through support and testing. Personally, I would like to see longer retracements on the weekly/monthly but crypto is crypto hahaha. so now we are looking for optimal entries.
Monthly candle close a day away, we may confirm resistance. If so wait for optimal entry. Be careful of the 28% fib as it might give resistance and the TP is our 61% fib of the weekly leg. RR - 1:4
Short term traders: We are looking to rtrade the bounce upwards towards our monthly entry target. We are in a downward trend atm so long term traders are waiting for the optimal entry. RR - 1:2 or RR - 1:4
We hit TP on our initial trade and SL on the long (i entered prematurely). Now pushed through support and may retest as resistance creating a Head and Shoulder pattern. Must wait for confirmation prior to entry. RR - 1:3.11
Thanks again Anthony for the suggestion. We are looking at an optimal entry following a confirmation of support. Keep them stops tight as we can t be right all the time! GOOD LUCK GUYS!
Thanks again for the suggestions Alan Thomas. We broke through structure and confirmed a support. now we are looking for an optimal entry!
Thanks again Fadei Ghawey for the suggestion. We may have missed the breakout and optimal entry on the trade buy me personally id like to see a slight pull back testing our structure as support before mooning to our targets. In any-event we could already be on the run to the targets and missed the opportunity.
thanks again Humair for the suggestion. WE are needing to wait to test the 38% as support or break above that potential resistance and confirm as support. Otherwise wait for a drop to the 61% fib level as our next support zone.
Thank you for the suggestion Arunas. We are currently testing the 38% fib. I talk about what needs to happen before we confirm a buy order. Otherwise, we will need to wait until the next support zone at the 3 cents mark.
We already tested the 38% structre of the monthly fib. HOWEVER!!! the candles are looking exhausted. Therefore you must wait for valid confirmation on this coin prior to entering to prevent premature entries. Similarly, set stop losses tight as the next fall could be about - 60% down to the next structural level.
Thanks again Humair for the suggestion!! We are testing the 38% on the daily. I think this has little confluence, however, if we confirm this zone as support the next target is around a 250% jump. Nevertheless, if the support is rejected we could fall to the next major support zone which is around 0.0033. AS ALWAYS BE SAFE!!! USE PROPER RIISK! and these are not...
Once agian, we need to wait for a confirmation to test support otherwise we will see a fall to the next major support zone which is the 61%. BE PAITENT!!! wait for confirmations, and for the LOVE OF GOD!!! USE PROPER RISK!
Quick update on KIN from my last trade. We are experiencing a slight retracement and giving you degenerates another opportunity to YOLO gamble your money! hahahaha Jk DONT DO THAT! Disclosure i actually own this coin and will dump on you if it reaches those targets, so don't buy haha
Thanks again Aqua Hydro Man! We are testing the 38% fib as support on the moment with heavy sideways consolidation on a daily. we need to see a break and test on the days before we consider trading otherwise expect a drop and potentially a fall to the 88% fib which is the next major structural level.
Thank you again Tristan for the suggestion. We are too far away to make. valid claim on the direction of the coin. This is more an idea rather than a set up. i personally would rather wait for a deeper retracement and confirmation than forcing a trade at the moment.
Set a new sell limit at 1.3820. Might have sold early IMO.
Thanks for the suggestion High Flyers RB We rejecting support and looking at some bearish sentiment at the moment. Wait for confirmation and look to test the 0.22 level as the next critical area of support.
Thank you again Dubby McGee for the suggestion! We are testing the 38% fib level as support with the previous structure already. However, if we reject the zone as support the next test would be the 78% fib which is also the neck line of these W-patterns (aka previous structure). be patient and wait for confirmations or run the risk of shooting yourself in the...