MASKUSDt could retest the resistance?MASKUSDT recently experienced a clear rejection from the daily resistance and weekly structure at the $5 area. Currently, the price is testing the dynamic support level.
If the price fails to hold this support level, there is a possibility that it could retest the 0.618 Fibonacci level as new resistance. Traders may want to consider applying Plancton's rules and taking a short position if the price experiences a new bearish impulse.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
MASKUSDT.PS trade ideas
Could $MASK Sweep That Nov High? Possibly.The idea here needs $BTC and $ETH to maintain bullish market structure to happen.
However, the momentum is there to pull $MASK up to that target with a week of positive movement on the big boys.
Going to be watching for any 4H break of market structure for a signal to close.
MASK LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MASK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MASK FORMING A RARE MACRO FORMATIONI typically don't trade patterns unless I see a clear textbook example of it.
Although "Adam & Eve" formations don't appear very often (quite rare actually) MASK seems to be the coin that is infamous for this pattern.
For the past 90 days of MASK consolidating from its late October move, it has been forming (yet again) this pattern in HTF's
I will share the past two Adam & Eve patterns MASK had made in my updates :))
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
MASKUSDT future for 5%/50% Absolute X3My recommended trades are based only on the uptrend of the market. It will be opened in the time frame of 1 hour and at the end of the day, profit trading will be closed with any amount of profit. And only losing trades will remain open until they are liquidated. This trading strategy is backtested and works only in an uptrend.
MASKUSDT 4HMASKUSDT
In a clear bullish channel, MASK is probing its price fairness range, transiting the upper part of the Keltner channel
Here are the supports and resistances in the 4H:
Major support levels: 4,525 / 3,861 / 2,969
Key Resistance Levels: 5,188 / 5,935
The prognosis is excellent as the Mask Network is a bridge to connect Internet users from Web 2.0 to Web 3.0. Netmask token, used for governance, protocol incentives, DApplet development, and premium features. Each token represents a vote, and token holders vote by staking their tokens on bidding contracts.
I'm not a financial consultant. The content I share on this site is for educational purposes and is my own personal opinion.