In the 4h chart it rebounded after broke down the neckline of the H&S pattern But it broke down the triangle in the 4h and we can set the SL at (0.7379) to get better R/R TP1: 0.6170 TP2: 0.5755 TP3: 0.5311 TP4: 0.4867 TP5: 0.3428
Finially it broke out the down trend from the previous high (3.2893) SL:1.2326 TP1: 1.8260 If the price stand firm 1.8260 and double bottom will be comfirm TP2 : 2.0834 TP3 : 2.1875 TP4 :2.2992 TP5 : 2.4108 TP6 : 2.7723
The price hesitate in the strong support zone . The zone is the neckline of privious reverse H&S pattern and is tested for several days . For long : We can wait for trading pattern to breakout . For short : If 24750 be break down and stand firm ,the 2B will complete . The next support is about 19568
The price can not breakout the blue structure but break down the uptrend from 12.680 If close goes down below 22.200 and double top will complete TP1 : 19.260 TP2 : 18.071 TP3 : 15.519 TP4 : 11.390 The TP4 is under the previous low ,the price might rebound at this area .
On the day chart has a potental head and shoulder pattern And we need to find a good time to set up our position On 4 hour chart there is a apotential double bottom If it break out (4.742) and stand firm SL at 4.172 We can get more 5% profit than waiting for H&S pattern complete and we can set TP 1(5.00) Back to day chart If 1(5.00) be breakout...
After brokeout the box the short TP is TP1: 28565.5 TP2: 28280.0 TP3: 27667.0 TP3 is near the uptrend from 19636 It might get the support here ,so we should take profit and look for trading pattern for the long position
Hello everyone I am Rex BTC rebound from the support and test the previous high now . For long We should wait for retest the uptrend and trading pattern ,maybe 17900~17800 After retest and TP as below TP1: 17417 TP2: 17955.5 TP3: 18173.5 TP4: 18640.5 This TP is overlap with the resistance of structure TP5: 17397
After hit the TP of the double bottom The support (19938.0) is almost overlapping 0.618(19870.0) We can look for trading pattern break out to do long in this area R2:23065.0 R1:21471.0 -------------------- Price -------------------- S:19938.0
It broke out the downtrend and the neckline. We should look for breakout in the 15M timeframe and set SL at the lowest with trading pattern. TP1: 12.740 TP2: 12.935 TP3: 13.140 ⚠TP4: 13.340⚠ TP5: 14.005
ETH after hit the resistance and went down again It tested the 0.618(1280.10) and rebounded ,we can look for breakout in 15M or 1h timeframe If it breakout the strategy as below SL : 1276.3 TP 1: 1342.65 TP 2: 1387.2 TP 3: 1305.2 If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
ATOM wnet down and up but still in the bullish on 4h . There is a potential handle and cup pattern , and it broke out the the downtrdnd SL:14.570 TP1: 17.198 If it break out the previous high(17.198) and stand firm ,TP as below TP2: 18.738 TP3: 19.361 TP4: 20.029 TP5: 20.697 TP6: 22.860 If you like this analysis, give it a like or share your thought or...
Price is in the downtrend channel and try to break out . If it break out with the short wicks TP1: 1(4.570) TP2: 1.272(4.809) TP3: 1.382(4.905) TP4: 1.5(5.009) SL : 4.088
CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart . It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below . TP1: 0.2646 TP2: 0.3148 TP3: 0.3351 TP4: 0.3568 TP5: 0.3784 TP6: 0.4487 If breakdowm the diamond the strong support will be 0.1512
In last post we got a shooting star on day chart . Now it reststed the uptrend and the structure If we stay bullish ,we should look for the trading pattern breakout in the little timefrmae . If not ,we can short after it go down and restst the structure
The price went down after the shooting appeared in day chart For doing long ,we look for break out after retest the uptrend ,but if the price can not break out the previous high and stand firm ,that might be the right shouder of the double top and go down again ,it maybe go to retest 21271
On the day chart ,if the bullish engulfing can be confirm . We can look for the break out in 1H or 15M timeframe. If not it will continue to remain choppy like last week or go down to restst the support about 1223.2
On the 4h The price reststed the down trend channel after broke out . It try to break out the new down trend but last canadle with long wick ! We can look for the break out in the 15M timeframe. If it work and the trading strategy as below . SL: 22708 TP1: 24700 TP2: 25786 TP3: 26225 TP4: 26696.5 TP5: 28692 There is the down trend form the day chart ,so...
On BTC 4h it tested previous high 2 times and fail . And the good support will be 22763 On the 15M the pull back and the trading pattern divergent The better way to do long is waiting for the retest after breaking out . And for short ,wait for breaking down the uptrend