Entry level pottential Bottom: Reason: Ma 200 Bullish Divergence 0.61-0.65 fib level 1.272-1.382 from first rejection. DYDXUSDT Big Swing Trade Direction long Entry: 16.4-16 Sl: 15.322 Tp1: 19.2 Tp2: 24 Tp3: 31
BTCUSDT Entry: 60400 - 60200 Stop loss: 59500 Take Profit 1: 65000 Pottential Profit: 105$ Take Profit 2: 69260 Pottential Profit: 210$ Take Profit 3: 73250 Pottential Profit: 320$ Take Profit 4: 76600 Pottential Profit: 405$ Position size: 150$ Leverage: x10 Risk: 15$
Investment: Chia Buy area: 180 - 130 Take Profit 1: 680 Take Profit 2: 1030 Take Profit 3: 1310 Take Profit 4: 1670
For this scenario confirmation will be once we lose 39.7k That will lead us to around 24-18k In EW case that would mean we are in flat correction with target for B between 0.8-0.88 fib level.
This is bullish count if we hold price above 39.7k this scenario will be in the case. If lose 39.7k that would mean Main top is in.
In this case btc will get pullback from 51k-51.7k area to 45-46k and from there if break 53k that would lead us till 76-80k. That is road for ATH.
Still can be in progress abc which will lead us between 38-36k There is 2 possible scenarios in the play: ABCDE for wave B or wave B is almost done and incoming 5 legs down.
Abcde triangle in the progress before another push upwards.
After long time looks like xrp beast is wake up. We will see atleast we can see 1.5$ after that 2.2$ and then 2.7$ Enjoy.
XRPUSDT Entry: 0.948 - 0.956 Stop loss: 0.915 Take Profit : 2.7$ Leverage : x10 Position size: 100$
Bounce to 44-46k area and rejection below 40k should be confirmation for this case but also there is alot of support before we can start thinking about this drop to 24k. This is my EW count and Bearish Case scenario. Best will be to play Level by Level. Neutral Chart with Supports and Resistances you can find here. Bullish chart you can find link below:
First btc need to reclaim 38.8k to be bullish. Next Resistance is 58k area and after that last TP area would be 80k. Bears need to break 32k to be bearish trend which will lead us to 24-22k Bearish Scenario you can find in link below : Bullish Scenario you can find in link below :
I will look for the long around 46k area for "short term trade 3-7days) My target is something between 49.4k - 50k Most likely i will close whole position at 49.4k After that i will wait for first rejection and short the market from first pullback or maybe i will try to catch the Wick. Why that target? That fit my EW count for wave 5 also that fit 0.61-0.7...
My main scenario: Btc road to 46.5-46k area after that pump around 49.4 - 49.8k From 49-50k area we are gonna get big crash to 22.6k or 18k area. Main supports: 46k - 38k - 35k if lose 35k that would be confirmation for 22.6k or lower. Play smart and take profit on every levels or instead for big position my suggestion would be to take positions for short...
1. Almost 0.61fib level from first rejection 2. Extended Flat Correction with 2.618 hitted. 3. 5 Waves of extended C completed. 4. 2 huge bearish divergence on Daily Blue Color 5. 1 Small divergence between 3 and 5 aqua waves. Purple Collor 6. If this is ABC up and extended flat correction minimal and first target would be 19k. 7. If this is just 5 waves up...
Price Action ( Support / Resistance ) 1.Still holding Purple Trendline Once we lose this level that would be clear Breakdown 2. If lose Purple trendline next support is 44k after that 41.3k 3. If lose 41.3k Next play would be 37.1k and 35.4k Drawed it with red line That is area from which we should get big bounce if we didn't get it most likely we are going...
Clear breakdown for algousdt we can see atleast 15% drop or even more.
Daily update: 8.22.2021 Nothing big changed 4h Bearish Divergence. 5 waves up completed Or there will be last chance 50.5k - 51.2k I bealive in next 24h we will get hard rejection.