After recent sell off, price bounced back indicating bullish pressure although it resisted at 0.7 levels of fib Another wick rejection from 0.7 levels can create double top or M formation on intraday chart Price might consolidate within 150-155 levels or can break On upside if it breaks and sustain recent high then it could be quick reversal sign
As we talked about 3 levels to look for buy went successful hope you caught it within 3 levels I posted earlier ⚠️ Make sure we have tsl but not to tight aswell and try to ride the further trend not specified target yet
165 ... 155 (200 ema) 150 Looking for buy rather than shorting
Will be waiting for btc to test 50800-700 levels with wick rejection. (Green median) Can give good risk to reward
This is why I like pitchfork working nicely and respecting the levels
Pitchfork levels are working good and markets tends to respect. And price seems to consolidate within triangle Trade able after breakout and retest Looking for long side 2.950- 3.000 - 3.050 levels
Considering low & high of 27th of August and lower high of 31 August. I've drawn Schiff pitchfork and extended it with copying similar level, placing from 0.5 levels from main levels Added a inside pitchfork for additional support and resistance The area marked with cyan circle 2.950 is a major confluence point After breakout from this level 3.100 and 3.150...
Good formation of higher high and higher low indicates good upside But On rsi the momentum is slowing down and going against the price line Indicating divergence If we get wick rejection from previous high Upside depletion sentiment than price can crack down and make another structure It can be down or side ways Will update further
Sat Sunday seems like Ada to rest within this zone of 3.035 - 3.065 resistance 2.9 as support 2.851 could be the another support area Will trade on breakout
For btc 48000 to 50100 could be the range for next week We have Marked the area and let wait and see if market respect it for further confirmation Will update after some structure formation
After 116 structure breakout, there is no good consolidation form structure It would be good if it comes around 126-124 level then we can look for buy With 114 sl and 143-145 target This can be positional trade, need to wait patiently to price come at our buy range
Eth after breaking good consolidation zone It has started consolidation above the previous resistance which is a good sign We can take a trade after breakout of new consolidation zone For major target it still 3900 for positional
Following one hours higher low trend line Waiting for price to come back at 111 lvls to buy again if there is a bullish signal (Can be small rsi divergence) Do it with personal own system It can give quick 5% With 107.50 sl (recent swing low)
460 could be demand zone fo bnb waiting for price to test the level and show the rejection with pinbar or bullish ingulfing Sl 444 and target approx 1:2 RR or can be trailed further up
Demand zone 160-165 supply zone 180-185 Buying low and selling high (vice versa) until the range is broken good trading space
Eth having good consolidation within 3000 to 3300 range If we get chance to enter 3000 and around it could make a good trade with less risk and good reward Entry on 1hour time frame The more consolidation candels the more heavier breakout on either side
25.3 to 31.2 is the range of uniswap on daily chart almost 23% It is coming to 25.3 again let see how will it behave Might consolidate and then we can enter if there is bullish pressure again
Support at 96-97 to resistance 100-102 for trading purpose Will look for bullish pin bar for entry Currently will wait for price to take support on give markings Will keep you posted