XMR has tested support three times now so I would expect it to break down on the next test, I will be looking to limit long at 126 hopefully execute this week
I will be going limit short from 9.977 as link is struggling to maintain above the $10
On link I will be going limit long from 7.6 up to 8.2 following the daily FVGs
FVG and previous daily high at the 37 area, support at the 31 area, I will be limit shorting from 37 down to 31
A short opportunity is presenting itself on the near 15 min chart, small scalp from FVG above to FVG below
ETH has formed a head and shoulder pattern on the 4 hour with a bearish target that would take us deep into a Fair Value Gap and take out some large (1mil+) leveraged positions. Be careful out here folks the waters are choppy ;)
We are right at a historic support level dating back to June 16th, now acting as resistance, I could see a break to the Fair Value Gap and then a pullback to near the $1 whole number
ATOM seems to be in a rising channel but is also at an area of historic resistance, confirmation of break and retest below rising support would be a green light for me to short
Looks to me like ZEC is at an old downward resistance forming the top of a falling wedge, possible short opportunity, not financial advice lol
We are currently right on old support that is now acting as resistance, it been broken through many times but never closed above. if we close above I expect a retest, establish as support and up to Fair Value Gap in a few days
Bullish and bearish scenarios for APE. I will be looking to enter at the retest in either direction
Old resistance becoming new support on the ADA 4HR, also rising support trend. If we retest I will be looking to long up to the area of interest at the last significant order block
I can see old resistance becoming new support here on the MATIC 4hr, there is also a two point resistance above, if broken and retested I will expect a move up towards Fair Value Gap and $1 whole number (just under)
I can see XRP on the 4 hour here supported in an ascending pattern with level resistance above, I will either long or short depending on the direction of the break and get in at the retest, id love to know what you think please leave your thoughts in the comments
Hi traders, this is my idea for Link in the coming days. I predict big money will take out stops and liquidations above this double top and then the price to retrace to a previous resistance area acting as new support. Please take this with a pinch of salt because I am not yet a consistently profitable trader. I would appreciate comments of criticism or guidance...
SOL stuck in a horizontal wedge with a fair value gap at approx. 33.7 area, possible short from the fair value gap
Descending triangle for Bitcoin will break this week, depending on the direction of the daily candle close I will go either short or long to follow the trend