UMAUSDT has been in a downward trend and recently broke out from it. Currently, with BTC correcting, it's testing the breakout, and following BTC bullish bias, UMAUSDT seems a very good RR trade upon further retracement to the 2.0 - 2.15$ zone. Lets see you on the other side of the Trade.
ADAUSDT Things are looking good here. Just launched the stablecoin Djed... the hype is still not over. The first week of February is a very exciting week with lots of legislative meetings in the US. On the other hand, The price action of ADA is forming an inverted head and shoulder or possibly an ADAM and EVE pattern. But, with BTC looking to correct on Daily, I...
Dear Followers/Traders, During this FUD/FOMO weekend, here is a high-probability trade with the support of Elliot wave impulse theory and mathematics. All, that you need to avoid emotions. Waves 0-1-2-3 have been completed. The retracement after the high of wave 3 has taken the support above 0.5 fib level around 0.38$ the price has been tested the 0.618 golden...
WOO finance is a very promising project with good fundamentals and tokenomics. price shattered to the floor due to the launch during the crash of 2021. while 1 WOO token has the promise to reach upto 10$, we focus on the maths and the golden pocket says that price has the potential to move to 0.5$ (even if it turns out to be a fake bull run). the MAs have...
See the chart for the trade... the entry is a bit late for you guys... so all upto you
On a daily its looking to soon reach the bottom and then stake a small recovery before another fall. TP and ENTRY are in the chart... tread lightly Happy new year to all
TP and SL are in setup... (Mid Probability trade) But looking for a reversal very soon. Let's see how this goes... # Have a great new year.
The Price of APTOS has soared more than 100% in last 15 days. It's very intuitive for traders to start looking for a correction after such a huge pump in such a short time. But, its crypto and here trend is your friend. But I am trying to use the established theories and maths to check out whether the strategy works or not. Shorting APTOS (APTUSDT here) lets...
Trade setup in the chart. Entry 0.4 - 0.405 TP1 = 0.37 TP2 = 0.345 SL 0.42
While BTC is looking ripe for a correction till 20000 - 19200, ALTS will take a big hit around 15 - 30%. in the list of those ALTs we have a highly speculated project which rallied almost 220% from the 4.5$ zone. The Value area for the APTOS lies around 3.8$ while there are smaller support zones around 7 and 5.2 $ mark. as the APTUSDT pair seems to have lost...
Arguably the most cited NFT token is finally looking to have made a rounded bottom. what lies next (statistically)?? Either it's going to make a double bottom, triple bottom or the cup and handle pattern. Every pattern is in ascending order of the probability. The lest probable scenario would be that it continues to fall down, making a downward sine wave...
CHZ - chiliz the leading NFT token, is in a continuous downtrend since the 2021 top. it has come to the price where the accumulation would probably start. Although BTC having a CME gap at 12K would take it further down to 0.08 - 0.04. This would be an area to start DCAing CHZ for the relief rally of 2023 around OCT 2023 we might see a huge upside for CHZ at...
PA made a good corrective move on a smaller time frame. RSI signaling bullishness for the same time frame. A Three drive pattern is about to emerge... Once the pattern emerges a good RR trade is formed. #For the test purpose only. still, there is no clear breakout. **Setup is in the chart.
Going with Macro scenario of BTC but against the odds for BTC can play out
To simply consider chart patterns that have inherent considerations for demand and supply zones... BTC is looking to form a rising wedge (it's still in its nascent stage but the structure is becoming visible) which can get extended to 40K Zone if we are being optimistic... At the end of this wedge, we will see a fall to sub 20k levels and wicking to all those...
targets and SL are mentioned in the chart. DYOR. I believe its a very high probability setup with very good R:R
Once the breakdown happens... A probable short can be taken... positions are in the target TP1 - 28100 TP2 - 26000 TP 3 - 24000 TP4 - 21000 TP5 - 19500 TP6 - 17100 TP7 - 16000 SL - 29500
MANAUSDT is printing inverse head and shoulder patterns while BTC is testing the 28.2k support level. There are three cascaded trades that I am seeing right now with good risk to reward ratios. Trades are explained in the chart. If you take the trades... please use the SL in every one of them.