Only Bearish scenario from this area would be if btc breakdown below 45.5k in that case that would be confirmation this pump was sub wave 2 of wave 2 from last wave 5 down. That would be road to 34.7k or 31k
** Bearish case: ** Need to breakdown below 45420$ after that most likely we are on the road to hit 36.6k - 33k Wave 5 in progress. Sub wave 1 of wave 5 is some kind of leading diagonal after that we got abc up and now should start subwave 3 of wave 5. Confirmation for this scenario would be once we breakdown below 45420$. Invalidation level is: 48420.
** Bullish case: ** Btc need to break 48420 once it break that level we are on the road to hit 54.6k-56k abc after that abcde in channel and need to break that 484200 in that case we should get another abc up and with that we will get bigger sidewya correction of WXY Abc ( w ) abcde ( X ) abc ( Y ) ** Invalidation level is: 45420. **
** Bullish case: ** Btc need to break 48420 once it break that level we are on the road to hit 54.6k-56k ** Bearish case: ** Need to breakdown below 45420$ after that most likely we are on the road to hit 36.6k - 33k
Big range channel. This is very bad situation as it can go easy in both direction. If break 6.5$ that would be real confirmation for bullish breakout. If drop below 3.1$ that would be real confirmation for breakdown. Trading between these level can be good only for scalps or short term setups. Because we don't have real direction we just have range between...
This is doom scenario for matic in the case if we lose 0.65$ IN that case matic have chance to hit 0.25-0.18$. If this ever happen i will take matic as my first hold coin.
Looks like matic is in some kind of triangle or acumulation mode. IF we hold and stay above 0.65$ that would be confirmation for bullish case and this is bullish scenario for matic. I still bealvie there will be long range in this triangle probably around 2-3 monts or more.
Pottential big correction in the progress #sol #solana #crypto #cryptocurrency #solusdt There is 2 options. Option 1: 5 waves completed and started big correction. Option 2: Left another push upwards into 290$ and then starting the big correction.
XRPUSDT Direction: Short Entry: 1.135 - 1.14 Stop loss: 1.163 Take Profit: 1.001 Position size: 100$ Leverage: x10 Pottential Profit: 120$ Pottential Loss: 21$
XRPUSDT Direction: Short Entry: 1.09 - 1.087 Stop loss: 1.114 Take Profit: 1.001 Position size: 150$ Leverage: x10 Pottential Profit: 120$ Pottential Loss: 25$
Best case for btc would be if the drop into this area and protect this area break above 66400 that would be confirmation we are on the road to new high. If that is not happen Bear trend incoming for some time.
BEGIN OF BIG DROP. With Minimal target of the 52k - 40k.
ETHUSDT Entry: 4617 - 4613 Stop loss: 4566 Take Profit 1: 5014 Take Profit 2: 5490 Position size: 200$ Leverage: x10 Risk: 24$ Pottential Profit: tp1 166$ Pottential Profit : tp2: 378$
As we can see Ethereum is in the middle of the channel we can call it Parabolic Channel. If it break in any direction there will be some crazy boom depends of direction. For now it bounced from channel and road to another high which i mark as " bullish target 1 ( 5014$ ) and Bullish Target 2 (5490)" If break bullish target 2 ( 5490$ ) that would be breakout in...
BTCUSDT Entry: 63400 - 62800 Stop loss: 62300 Take Profit 1: 66400 Take Profit 2: 70800 Take Profit 3: 78900 Position size: 200$ Leverage: 10 Risk: 30$
I don't like this kind of structure. If market is bullish there is wide stop loss for long setup at 62400. If market is bearish Stop loss Should be 68861. Bullish Case confirmation would be break above 68861. Target is 76200$. Bearish Case Confirmation would be breakdown below 62400. Target would be 54300
BTCUSDT Entry: 64000 - 63000 Stop loss: 62400 Take Profit 1: 66400 Take Profit 2: 70800 Take Profit 3: 78900 Position size: 150$ Leverage: 12 Risk: 20$
BTCUSDT Direction: Short Entry: 68400 - 69000 market short Stop loss: 70200 Take Profit 1: 61840 PP 130$ Take Profit 2: 57600 PP 190$ Take Profit 3: 54100 PP 280$ Take Profit 4: 50600 PP 370$ Position size: 140$ Leverage: x10 Risk: 28$