Make sure to monitor the invalidation level; in addition, find my post on the Bearish Count as well for the counter scenario and its invalidation level.
Make sure to monitor the invalidation level; in addition, find my post on the Bullish Count as well for the counter scenario and its invalidation level.
Here are the 2 scenarios which I can imagine for the short-term move of the crypto market with respective invalidation levels and trade ideas.
You guys had asked for a live chart, so here we go. The pleasure is always mine.
Hello Traders The trigger for this position is that the 4h candle closes below the black trend line! TP1: 33100 TP2: 32250 TP3: 31270 TP4: 30350 TP5: 29500 TP6: 28800 Stop loss: 36100 Wait for the candle to close! #StayProfitable EveryOne
Hello Traders Well, last night's short signal on ethusdt worked as expected and we hit 2 TP points, now I'm considering a long position. The green lines serve as Entry points while the blue lines are our targets. This trade has a nice Reward Risk Ratio if the stop loss is considered. Good luck everyone!
Fellow Traders I'm looking for the 4h candle to be closed below, the blue line, it will trigger my short position. The fib levels are the potential TPs and just like always do NOT forget about the Stop loss! Goodluck
To enter this trade, I'm waiting for a 1 hour candle to be closed below the green support zone! The blue lines serve as TPs 1 and 2, the final TP and the stop loss are depicted as well! Good luck everyone and push that like button ;)
Dear Traders Following our previous analysis BTC is moving just as expected! and yes we will see 28k probably today or tomorrow! I just detected 5 legs down pattern being in play for btcusdt, which lures me into a short position! Entry 1: 31495 Entry 2: 32300 TP1:30500 TP2: 29500 TP3: 28900 TP4: 28400 Stop-loss:33335 Good Luck Everyone
Dear Traders You might have followed our previous Sell Signal on bitcoin, in which all 4 TPs were hit in 6 days. Here we take a look at the current situation in a 4 hour chart. Based on the Eliot waves theory I have distinguished 3 possible zones for the end of the correction phase, 2 of which are already lost. Therefore, I believe we are going to visit 28k! If...
Dear Traders eth/usdt is dealing with a triangle, considering the correction pattern which was previously initiated I expect a visit to 1000 usdt. any of the depicted levels and zone could be your potential TP point and DO NOT forget about the stop loss. Goodluck everyone.
Dear Traders As can be observed the Zigzag correction pattern could be in play for btcusdt, from here which is considered the end of wave C I can expect 5 legs down to complete the zigzag. Tp1 : 37580 TP2: 36440 TP3: 33880 TP4 : 31580 Stop Loss: 42890 Goodluck every one
Hello Traders A zigzag corrective pattern (5-3-5) is observed for this pair. In addition, there are two resistance zones above the price, I'd go short with the blue lines as my TPs, don't forget the stop loss my friends. Good luck everyone
Hello Traders This pair is now enjoying dynamic support, losing of which will probably lead the price downwards to the green support zone, so I would be looking for short positions below the dynamic support. On the other hand, once the resistance zone is conquered, the blue line will be the potential targets. Good luck Everyone
Fellow Traders The pitchfork seems to be valid in this time frame, considering the lost support zone, one can expect the price to test the remaining support zones and the pitchfork bottom. I would not short it yet, prefer to observe the market right now. #StayRoyal #StayProfitable
Dear Traders A descending trendline has been broken, one can buy long or invest in this pair once the weekly breakout zone and conquered and retested! Our targets are shown by blue levels. #StayRoyal #StayProfitable Happy Trading.