Here we can see that "KAVAUSDT" in 1 day time frame has TRENDLINE RESISTANCE and if the price takes resistance from the point you can take short trade. Also in 1 hour time frame you can see the price is at FINOCCHI level "0.618" and the price can take resistance from the point and you can meke a riski short trade here and for safer side make you entry at the zone...
The price is testing the daily resistance above the monthly support
How to approach it?
IF the price is going to lose the current support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
the price retested a key monthly support after a clear bullrun.
Now the price is testing the daily resistance inside a rising wedge
How to approach it?
IF and only IF the price is going to have a clear breakout from the daily and rising wedge and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep...
BYBIT:BTCUSD
BYBIT:BTCUSDT
Bitcoin has been consolidating in a range for 21 Days now.
There is a history of ranges forming on BTC and breaking out.
Is the pattern about to break out?
I evaluate the important levels to look out for, take a quick look at alts. (Hence the video title has KAVAUSDT in it )
2 Fibonacci Golden pocket reversal areas that I...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KAVAUSDT
The price has entered a descending channel and at the moment, it is fluctuating below the first resistance line. Here we must wait for a confirmation candle by which the price is able to move over the first resistance line. Then we will consider a...
KAVAUSDT is testing the descending channel 🦐
IF the price is going to have a breakout from the descending channel and retest the previous resistance as new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
thanks again Karimon for the suggestion.
We are breaking through support and testing. Personally, I would like to see longer retracements on the weekly/monthly but crypto is crypto hahaha. so now we are looking for optimal entries.
