After some strong bullish moves now we have reached a strong resistance in multiple timeframes(Weekly, daily and 4H) as well as a measured move target for bulls to take profits and I expect at least TBTL (10 bars 2 legs) down from here. entry based on two major double tops as well as nested ones in shorter timeframes plus lower high major trend reversal setup! NFA
After reaching a strong resistance and multiple attempts to break it, can see bears are getting stronger, we can see bars with huge shadows and a double top formed and to me looks like a lower high short setup expecting a measured move down! NFA
Previously I have published an idea for OPUSDT. Now, I made adjustments to the current wave count. The price successfully overcame the uptrend line, forming an impulse in the assumed wave 1. At the moment, wave 2 is being formed, in which the most highly effective trades are opened (according to trading rules by Elliott Waves). I opened a short position and plan...
An ABC upward correction pattern has been formed, for a downward wave A. At the moment the price broke through the uptrend line and it is likely that the formation of the intermediate wave 1 will be completed soon. I will sell the coin on the correction in wave 2, from where I will expect a deep price decline to the level of $0.1. Overall, short pos has...
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Loss of bullish momentum in a bearish breakout after reaching the fib 0.5. An obvious rising wedge with three push pattern making it extremely bearish. NFA