I applied this basic guide on FoRex trading on the SHIBUSDT weekly chart and this discovery is INSANE!!!! After this weeks candle the reversal got real and serious. Get ready to just teleport to 2800 range without anybody stopping us. DONT MISS OUT :)
ADA seems like its ready to do a proper rally from this point on. Its still consolidating against the 1.6 dollar resistance, which means there is still time left to enjoy the ride. Bounced off clearly from 786 support, and didnt fall back into the descending channel. Idea is to buy around current price and hold it until it reaches 1.93 and hopefully 2.3. Exit...
SHIB took some heavy hits, but gladly pivot kept it in place. After that it went on a clean 30% rally if you followed my previous idea and took the average price entry. Current rally got blocked by FIBO, but seems like its forming at continuation patten and its about at the bottom right now. Good time to enter to either sell at the 0.382 fibo (6500 price range)....
After some long death crawling mana started to squirt out of this falling wedge, it looks very bullish and might keep going after this impulse correction off the 0.5 fib. 50 EMA also is supporting it since it just bounced from it. Good time to enter and potentially sell at the supply zone around 3.4-3.5. Or potentially hold for longer to go crazy and hope for a...
From VAL and Fibo 0.618 you can determine that 4700-5100 price range is a good support zone to buy SHIB and hope it will actually break out from the falling wedge and turn into some new madness rally. I would sell if it falls through the bottom support and hold until it hits the moon if it breaks out of the falling wedge. But might as well sell it if the high fibo...
AXS pretty much having an upward channel should be pretty obvious on what to do here. Sell at the top of the channel and buy at the bottom of the channel. And hold if it breaks out of topside of the channel and sell if it breaks down on the bottom of the channel. Looks pretty good to buy and ride another wave inside this channel
After breaking out of the bull flag MANA did not explode but its crawling slowly increasing the price steadly, however the 3.4-3.5 price range seems to be a big supply zone. Hoping that the uptrend holds and it grinds the supply zone which will make it lead easilly to a new ATH. Fibo 0.382 just too strong for the moment.
BTC seems to push hard and then instantly get halted by the previous resistances at around 63.5k. On top of that pivot is also suggesting its a resistance right there. I think it will probably not push and go down slowly from here so short. But u have to keep it in the back of your mind volume is declining slowly which means we might get big moves soon, could be...
Big brother bull flag on mana shows a obvious continuation of uptrend killing all the bears hating NFTs because they are just apes