Tradersjourney_

Tradersjourney_

Bitcoin on the daily timeframe forming uptrend channel, it shows that the buyer constantly make a positive move since last bottom on November 2022. by Price action perspective we can see that bitcoin will forming ABCDE inside the channel. the opportunity for long 21200 - 22500 has been identified as strong support for your swing trade decision Keep #DYOR

Tradersjourney_

USD vs BTC Equilibrium, Art of Trend Analysis If we always see that USD is always opposite to BTC, it can be said to be true, as there is a proven occurrence of a gap indicating a divergence between these two assets. However, it is important to understand that creating a divergence (opposite movement) requires an equilibrium phase before the occurrence of...

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Currently, Klay has successfully broken through the trendline area that has been in place since October 2022. This breakdown will bring potential re-entry of buyers when Klay is in the 0.1498 area. I will initiate a long position at that level

Tradersjourney_

XRP TF4H - will it make some big IHNS pattern before goes up? Trading range High 0.4843 Low 0.4403 Zoom in at 15minute for short term trader analysis

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Dear all, since my projection indicated that BTC would bounce back at the 26100 area, the reality is that BTC has already bounced back in the range of 26300. In this range, we have observed a swap reaction to the previous demand, but the seller pressure was not as strong as expected, and buyers were unable to create a significant long wick. From this, we can...

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Currently LDO confirmed breakdown its good sign for take action with short entry

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Currently, BTC has formed signs of reversal, with the presence of a Change of Character on the 4-hour timeframe. We can look for potential short entries in the FVG area and the order block, which may be difficult to break above. Therefore, the range of 28000 - 28300 is a potential area to be used as a short entry for the short term. The target for taking profit is...

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MATIC Overview There is a potential short entry into wave II cycle, in the current minor wave, it is potentially heading towards the 38.2% area, which is the wave 4 retracement area before continuing the decline to wave 5. then matic will rebound strongly

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Looks like LTC forming double top entry short area high probability for reversal movement on FVG area and orderbock (yellow) probabiliy gained about 34% if market support this plan

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We are now see the IOTX consolidating on the support area which is hold the price since 3 January 2023 (its about 129 day before), current support are marked as discounted zone, weaklow, if we draw the trendline, IOTX running 129D big consolidation and forming descending triangle, but inside the triangle the price action creating curve shape, which is a sign of...

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Currently RNRD Looks like will break the trendline after volatility one day before, we expecting that the price movement will touch the SND or SNR Flop at the red zone "expecting the reaction here". then will move up to get the liquidity before continue goes down to discount area

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XRP has a unique price action habit, after a big pump occurs, it will be followed by a big dump, the average previous correction is at the 0.78 fibo area if we use the same pattern it will look like forcasting, where the bottom area will be an opportunity long, is at 0.4890 - 0.4950, with potential RR 1:8

Tradersjourney_

we look some descending broadening wedges pattern supported by form of inverted head and shoulders pattenr Currently XRP still forming wave 3 in slow volume of bullish.. But therea are risk if xrp got rejection on nearest ressistence at 0,84 - 0,86 area My trading plan for this situation put some buy stop order at 0,87, after breakout confirmation.

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ape just launched, this is a simulation of creating a huge flag /down trend channel, followed by abc correction after the first wave occurs, I go short on wave 2 and long on wave 3 stay in the bullflag pattern..to maintain risk, and start using buy stops limit when the breakout occurs.. it just an assumtion, keep dyor (elliotwave, descending channel pattern,...