I expect CRYPTOCAP:SOL to break out of a large cup and handle pattern, which usually signals a bullish trend. This pattern shows the price has consolidated, forming a rounded bottom (the cup) and a slight pullback (the handle) before a potential rise. If the breakout happens, my target for CRYPTOCAP:SOL is between $380 and $400, which would mean about a 120%...
BINANCE:SLPUSDT needs to hold the bullish momentum. Price may reach PWH (Previous Weekly High)
$0.420 potential target. Might break the first bearish order block due to presence of liquidity above it
October 21, 2023 - BINANCE:FETUSDT (Fetch.ai) 1-Day Timeframe Analysis Insight : -70% retracement from February 2023 rally. 6 months of consolidation. Potential +140% spot gain from this level
**SOL/USDT LONG** ```Entry: Around (CMP) 24.6581 - 24.6790 Targets: 24.920 - 25.282 - 25.656 - 25.906 Stop Loss: 24.318 Leverage: 20X - 200X Notes: Use only the maximum suggested leverage if you are knowledgeable with Risk Management and only risk 1% of your account. I suggest you to set stop loss to breakeven once a target was hit. Feel free to ask me if you...
BCH is bearish below $235 area if a break occurs: This suggests that if the price of BCH falls below $235, it is expected to continue moving downward. The $235 level can be seen as a significant resistance level that needs to be overcome for a bullish trend to emerge. Target aiming for the $300s level based on Fibonacci retracement: In this case, the analysis...
At the time of writing, Bitcoin is trading in the range of 27,400 to 27,600. This level suggests a period of consolidation and potential market indecision. However, it is important to note that a bullish order block has been identified at the 17,000 level. This indicates a strong support zone, which could provide a foundation for upward price movement in the...
My analysis suggests that Shiba Inu may experience a downward trend soon. To explain this, I'll first discuss the concepts of premium and discount in trading. An asset is at a premium when its price is trading above its fair value and at a discount when it's below its fair value. Traders take short positions at the top of equilibrium and long positions at the...
Analysis: Recently took 2 Ls trying to catch a long on this macro setup on BTC. Price may come down to test the 0.618% at 18.7k. We've already got our positions on spot. For now, no rush to get into positions as we're heading to the weekend.
**LUNCUSDT 30M** > ***Setup:*** > Type: Long > > Entry: 0.00012400 > Target: 0.00013000 > Stop: 0.00012000 > > Risk: High > Estimated Profit: 4.84% > Estimated Loss: 3.23%
**IDUSDT 15M** > ***Setup:*** > Type: Long > > Entry: 0.4790 > Target: 0.5150 > Stop: 0.4650 > > Risk: Low > Estimated Profit: 7.52% > Estimated Loss: 2.92%
**FTMUSDT 4H** > ***Setup:*** > Type: Long > > Entry: 0.4395 > Target: 0.4970 > Stop: 0.4250 > > Comment: If BTC experiences a surge in price today, this scenario is likely to unfold positively. > Risk: Medium > Estimated Profit: 13.08% > Estimated Loss: 3.30%
**ETHUSDT 15M** > ***Setup:*** > Type: Short > > *Scenario 1* > Entry: 1776.16 > Target: 1750.00 > Stop: 1785.82 > > *Scenario 2* > Entry: 1787.15 > Target: 1750.00 > Stop: 1799.67 > > Risk: Low > Estimated Profit: 1.47 - 2.08% > Estimated Loss: 0.54 - 0.70% > > Comment: Scenario 2 is valid if the scenario 1 was stopped.
Analysis: Although I'm leaning towards a bearish outlook, the formation of a diametric triangle and the current sideways movement of prices after a series of sharp rallies suggests that this could still be wave 4 and there is a possibility of a "final advance" or wave 5. It's important to note that if the price breaks down from this range, the target price...
Analysis: ICT Power of 3 spotted in JASMY 1H timeframe. Not a signal, enter at your own risk; no confirmation, no entry.
Analysis: I made some recounts for the proper internal wave structure of BTC since this last drop invalidates the previous micro counts. I plotted here the POI for divergence formation on G2, wait for sequence before placing entries.
Analysis: Potential Bearish Divergence and Dynamic S/R Flip spotted at 4H TF. Potential P03
Binance Coin (BNB) Insight Timeframe: 4H (240M) Bias: Long