Hello again! Based on D1 chart, we see strong downtrend to the BTC and also based on the news whales are still going to sell their asset. Will this continue to break the level of based from previous market structure support? Let's wait and see. I'm setting the trend advanced if the trend continues to go down to the next previous level of structure as it respect...
Long time no see, right? I am here again with analysis for ATOMUSDT. Seems that it reached the end of the downtrend as double bottom shows up based on H4. Also, when checking H1, I noticed that there's an aggressive green candle showed up after touching the zone I created which we can call termination show. For testing, if my analysis is correct - I placed...
Hello again! After going back to this crypto, I check first the H4 time frame and noticed that candle stick break through our level of support based on previous market structure level. This might possible mean that the market for this will continue down. We should be expecting double top then continue down on price. My practice is checking on H4 to draw trend...
Hello again! After going back to this crypto, I check first the H4 time frame and noticed that candle stick break through our level of support based on previous market structure level. This might possible mean that the market for this will continue down. We should be expecting double top then continue down on price. My practice is checking on H4 to draw trend...
Wow! It seems that our analysis is correct as it respect the movement of the market and probably goes down to the level of support that we set from previous resistance that was broken. The ratio I use as a beginner is 1:1.4 ratio. Once it reaches completely the target, we we'll wait if the candle will go beyond the support for down trend continuation or will see...
Hello, good evening to all! Here we go again on another analysis after scanning the crypto. This time, let's talk about BNB. In this analysis, we start by marking the trend line on the H4 chart and we see that there's a trend reversal in a clear head and shoulder pattern from uptrend to downtrend. Now that we're seeing downtrend - I also noticed that after going...
After watching another trading video, I noticed when checking H4 BTC that it formed double top and it breaks it's neckline as you can see in the current chart. Now, that it is going down, I go to the H1 and place a fake short trade SL before the support from previous major level of structure. Let's see if my analysis is correct 😉 Note: This is not a signal....
Good morning here in PH! After checking the SLP on the H4 chart , I noticed that there's a double top that happened and begin to analyze. Going down to lower timeframe of H2, we can clearly see that it is indeed what we're looking for and has been retested on the neckline. Going further on the lower time frame, the candle stick is going down. Let's see what'll...
Based on the 1D chart, there's a clear uptrend to the SOL and made some consolidation, somehow uptrend, and once it touch the level of support - we should be expecting another bullish trend and place a buy. Note: This is not a recommendation, it is only based on my recent study as a new trader - thanks to The Trading Channel, I somehow made this analysis and...
Will it pull back based on the double top zone and continue going up or will it go beyond to the neckline to short? Let's see. #newbieanalysis