Technical Analysis As time passes, the BTCUSDT seems to show us a H&S Pattern. This would marked the end of the bull run. Also, it could be an opportunity to make a short position. As you see, psychological price cap seems matter for Bitcoin. The precedent new ATH failed to reach 70k and has next bounced over the lower psychological price cap. The picture on...
This will only be a technical analysis. The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position. Furthermore the RSI is pretty low, this comfort a long trade signal. Position settings Entry Price: 0.07717 ...
Technical Analysis As you see in the chart, we could now enter in the 5th wave, the last Wave of the Elliott Impulsive Pattern. It offers us a long position. Even if the price rebounded just bellow the Fibonacci 0.618, I place the target profit at 1.382 to higher probability to make profit. Entry Price: 532.5$ Target Profit: 774.6$ Stop Loss: 463.9$ Ratio...
Reminder Like announced in the precedent analysis of LUNAUSDT, the Elliott Wave 4 is confirmed, thus validated the short position. Technical Analysis We now enter in the 5th wave, the last Wave of the Impulsive Pattern. It offers us a long position . Even if the price rebounded at the Fibonacci 0.786, I place the target profit at 1.618 to higher...
SHIBA INU TOKEN The chart is the mirror of his logo. Coincidence? I don't think so. 🚀🌕 Let's see his journey over months.
Short MATIC USDT As you see we could enter in the third wave of the Elliott Corrective Pattern. It is often see as a bull trap as people thinks the bull trend is still healthy. However, the price could fall if the price is following the Elliott Wave Pattern. Entry Price: 2.544 ✔️ Target Profit: 2.265 ❌ Stop Loss: 2.637 Potential Profit: 11% Ratio Risk /...
This can be an opportunity to take advantage of the last wave of the impulsive Elliott Wave Pattern. Entry Price: 308.7 Target Profit: 347.7 Stop Loss: 302.6 Ratio Risk / Reward ≃ 6.30 Potential Profit: 12.54% This could be a good opportunity associated with a margin position as the ratio risk/reward is good.
We might have here a perfect example of Elliott Wave Pattern. It offers us 2 positions. Firstly, a Short Position in order to take advantage of the corrective Wave D. Secondly, a Long Position that might offers us some profit as well. Nothing is sure; however, the Elliott Wave Pattern seems appear in this chart.
Elliott Wave Correction Price Entry: 1.464 Target Profit: 1.390 Stop Loss: 1.484 Risk Ratio: 3.75
Entry Price: 156.1 Target Profit: 209.6 (+34.3%) Stop Loss: 133.6 (-14.4%) Risk / Ratio: 2.33
Entry Price: 177.5 Target Profit: 248.5 Stop Loss: 155.6 Risk / Ratio: 3.24
Price entry: 0.0004753 Target Profit: 0.0007492 Stop Loss: 0.0003725 Risk/Ratio: 2.66