ghane_amir

ghane_amir

According to the resistance trend line and completion of the AB=CD pattern, I am waiting for a trigger for a sell position by google translate

ghane_amir

The price seems to have reached a support level with its sharp decline over the past two years If the price maintains the level of 4 and 3.5 dollars, it can break the resistance of 7 dollars

ghane_amir

With the powerful growth of the price, it is likely that we should see a reversal of the trend in the Gartley Pattern PRZ

ghane_amir

The price has hit the 3.25 range several times and has not been able to break it. If I see a safe setup, I will enter a sell position.

ghane_amir

I just want to give you a glimpse Loli's rally was very powerful, then it corrected, but the next time, with two rallies and correction, it could not reach the previous ceiling and only the candle closed below the price. From my point of view, it was only Hunt If the price can pass the floor of the last rally, it will enter a deeper correction

ghane_amir

The price is below the resistance range and the downward trend line. Considering the acceleration of the price, if these two ranges are broken, it is possible to go up to the first target of $2,200. $1,500 support, which is unlikely to be broken.

ghane_amir

If the price can stabilize above the resistance level, it is suitable for buying position. I will update the analysis.

ghane_amir

Since the price is above the support and resistance level and the shape of the trend and correction is similar to the flag pattern. After breaking the ceiling of the channel, I will check for a buy position.

ghane_amir

Follow the money management, the stop loss is 1-2% of the total capital, when the transaction becomes profitable, be sure to withdraw the profit

ghane_amir Updated 

The price is below the static resistance and the downtrend line, if it can break the resistance range of $0.96-$1, it is suitable for a buy position, otherwise the price can go down to the support range of $0.6-0.58

ghane_amir

The price forms a head and shoulders pattern and the last peak is shorter than the previous peak Below the pattern is a support area that can be the neckline After breaking the support range, you can look for a trigger for a sell position

ghane_amir

Follow the money management, the loss limit is 1-2% of the total capital, when the transaction becomes profitable, be sure to withdraw the profit

ghane_amir

The price has hit the ceiling of the descending channel and the weakness in the trend is evident. My view is bearish, but you should look for a reliable trigger for a sell position in the lower time frames.

ghane_amir

The price has reached an important resistance level, due to the acceleration of the trend, the level is likely to be broken After the failure and confirmation of the next target price is the high resistance range

ghane_amir

Considering the acceleration of the upward movement of the price, it is likely that the first destination is the ceiling of the channel, which completes the AB=CD pattern

ghane_amir

HIGH RISK Be sure to follow money management so that the loss is not more than 2% of your total capital Close half of the position at the first profit limit

ghane_amir

The price is at an important level and signs of weakness can be seen in the upward trend with deep corrections and short impulses There is a possibility that there will be a price correction

ghane_amir Updated 

Be sure to follow money management so that the loss is not more than 2% of your total capital Close half of the position at the first profit limit