since we still downtrendling and forming an pennannt now i think its the best to short from the trendline .. you could protect probably reqlly fast so its a free ride.. if it breal down. ( what is do expext next week we gonna see 38-42k range probably. so yeah,, this is how i see it for the next weeks
we see a FVG on luna, which means its likely to bounce to the upside. its not much but still almost a 5 % move to the upside. this is my setup for that. leave comment below what you think about this setup.
solana is most likely to break down from this pattern. the target would be 127 $ ish. i cant say much more about it. this is the setup i provide.
since luna dit not sucessfu;;y abroke the high, its a short. most likely u wil come back to the FVG . maybe after that we will continue up.
a possible short time reversal could be in play for luna. this is the setup i can see in it... lets see how this goes
first lets hope a small retracement to 0.5 of .618 fib. if so.. we have a good short setup because i believe it will crash within a week of 3 . maybe bit longer. my target for solana so far is 90 ( i believe it can go 85$) but i orefer to take profit on time. !!! this scenario only can happen when BTC loses it all ) . please comment ur opinion below :)...
solana has printed a bullish bat pattern. if point D holds. it could be longed to at least 0.5 FIB from previous high to this low.
looks like pepe lost momentem right her, it will go further fown.. but when? not today i think. so this is in my opinion a good long setup till the 0.5 fib ( al always prefer 0.5 when im about to TP .. entry is a diff story. between 0.5 and .618 should be a realy good level to place a nice short. ( remember,, it can and willl crash heavily.) dont get...
we see on the weekly a big head and schoulders formed. the neckline broke en retested 2 times! i believe it time to go heavy short because a big cvrash is coming ( believe it or not) it wil first pull up a bit to.... 0.5 / .618 fib ? not sure, i prefer ro short t the 0.5, not to big leverage ( max 20) and protect as soon as possible and enjoy ...
its possible that gala is forming the right shoulder of a head and shoulders pattern with a target around 0.026. it would also be the 0.786 fib level from the low to previous high. with all the fear and inflation numbers and the rate hikes i think its very possible to play out. this pattern would be invalid in my personal opinion at 0.03625
good buy when it does a stophunt to the below and goes back up in seconds. short and long prices can us see on chart.
currently the price is forming a bearisch pattern with a target at around 22400 if it breaks down. most likely it will break down.
Gala just comirfed a short so is wil probable to the aupport zone (red lines) most likely it would bounce there. But take profit on time at the .618. Ita also possible its gonna shoot like a MF.
we are in a channel right now and we have 2 scenarios. the yellow one, and the red one. this (normally ) is bullish and will probably break out to the upside. the red one will be a liquidity grap (most likely) and the technical target will be around 25200
i hope the picture is enought to explain. can type today. (( -- NEVER FORGET STOPLOSS !!! -- )) ENTRY IS 23.272
without any volume it broke the pattern. if volume comes in, that thing can moon. if not.... i can crash good also.
since the last drop i assume it will go to at least 0.5 -0.618 . its there now and it still looks stong so i think ik wil cleam the high fro the drop so thats the reason for my long ernty right there and my TP just below the high from the drop. please give oppinions i would appreceate that :) thnks guys ! have a good day and be save!! >)
since ftm broke resisctanse ist a matter of time before it explodes. my FINAl targer would wel 1.08. but in between i will take some profits.