Aiming for a bounce after: > Shakeout > Breakout from downtrend line > Market Structure Shift Invalidation below the deviation
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Same levels on watch since last update, when it pivoted at AOI. 🧵 I see a 3 wave move up, but honestly, doesn't matter. Many variations would benefit from at least one more low. $38 break and flip needed. $26-$22 AOI if lower atm.
DOT - WEEKLY - TIME TO BUY Good opportunity to buy from 5.7 to 7
EGLD - WEEKLY , BOTTOM HERE? This chart is on log chart view so, bassically, now we are still in an upptrend , and the bullmarket for it will came after the 79$ break.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #SOL been awhile. Can see a possible additional wave 5 to come. Needs to prove it. Flipped $120 from resistance to support, good for bulls. Break below, not so good. Looking for a clean impulse up. $162 is my level to see if it...
Traders, It looks as if the dollar, vix, and precious metals/commodities will continue to trend up, stocks will continue to pull back. Bitcoin is tenuous. But it is possible that altcoins have reached their low, though that low may be retested soon. We'll discuss these subjects in this weekly update. Stew
If SEED_DONKEYDAN_MARKET_CAP:CELO is to initiate another bullish impulse, this is the place to do so
I see MAPLE (MPL) reacting in this demand zone and maintaining its bullish structure intact Clear invalidation by closing below the demand zone
Last cycle we had a re-accumulation that looked just like this, and it was from the exact same levels. Scroll left and go take a look. I pulled the fractal and overlaid it for comparison. This is how I'm expecting it to happen. It's also worth noting that BTC and ETH also have a re-accumulation that matches up with last cycle's fractal. This big dump was the...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Need an impulse up here to complete the wave 5 of this bullish variant.
- Huge stopping volume and agressive sell market orders absorved - Sweep - Downtrend line breakout - Market structure breakout with conviction Worth to try a long at the base's retest, targeting the next potential supply zone and invalidation below the previous lows, with a Risk/Reward ratio of 1 to 2.
📈Today, I want to analyze a project that has increased over 🚀 ➕500% 🚀 over the past month, but it seems that the time for correction has come; the project's name is Fetch.AI(FET) . 📚What Is Fetch.AI(FET)❗️❓ 🔸 Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless,...
Bulls must show up in this demand zone to keep the bullish structure intact on the weekly chart
To maintain the bullish structure, bulls must defend this HL, which is confluence with a key R/S flip level For now, the low has been swept and price is holding above it Worth following closely 👀
Aventus (AVT) has reacted positively in a confluence zone between weekly support and weekly demand zone, breaking out of the downtrend line and creating a HH. Also note the large volume, which stopped the decline and led the price to reverse. The next target is $6,8
I am buying some TRX at this level . Rd + in 4h and 1h and daily time frame .
At Fetch, it was extremely close, but our stop-loss was not triggered. So yes, you could say we were lucky; the 50% held up. We believe we have now stabilized and are expecting this rise to $3.10. That's the target for us. As mentioned, we don't expect to fall again and retest this low. However, it wouldn't be impossible to see a smaller dip before we continue to rise.
Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign...