OnChart_Labs

OnChart_Labs Updated  Nov 11, 2022

Techniacl view of grt : i want to trade wave 5 of elliot. you can see that green cross have to come. price action may be from fib 0.618 or 0.5 . At rsi we can see that price should hit support line. so i will place 2 orders one at fib 0.5 and second at 0.618. Take profit price i measured by fib extension as you can see in the chart.

OnChart_Labs Updated  Nov 11, 2022

I want to trade this bullish pattern. i measured and find relevant fib 618 as price action. Target price : i took target price by measuring with fib exstension. Trade quality : 7 ( 1-10 scale)

OnChart_Labs Updated  Nov 11, 2022

w pattern trade. price action : buy at 2 parts as you see in the chart. sell price: calm trader will sell at the first target 75 % from the position and 25 % at the target 2. agressive trader will sell all of his position at target 2.

OnChart_Labs Updated  Nov 10, 2022

It is really interesting to see the potential bear market last intense move! so why do I think like this? 4 MAIN REASONS 1. Ascending Channel 2. rsi 3 tops 3. triple top 4. NASDAQ looks bad !! so I can say that we should see BTC under 22K for the first step- if we do not get proper support in 21-21 aria, we have to test 18500 aria too. For now, I short...