Why? well for starters ZIL has made a HH so broken structure to the upside and has now re tested demand. Target is to break the HH.
I am attempting a cheeky buy on HBAR here. Top of the range but looks like it could be getting ready to make a huge break out soon. Or a break down. Proper risk management would be advisable.
I am only trading this on paper. Potential 20 to 35% plunge.
We could see a retracement on Matic in this region. Not financial advice and I am not in this trade.
Price has retraced into a supply zone and have met criteria of my trading plan so I have entered a sell.
So shib has broken to the upside and re tested the demand. I think this is a good place to go long. TP is to take out the high high.
Price retraced perfectly into the FIB 60% and have not crossed wave 1. One further leg up to complete Elliott Wave (EW) number 5 is possible. Note BTC is still in bearish trend until 25500 is broken in a bullish manner.
BTC need to break 25300 to be in the clear. At the moment price is still in a down trend. A drop from here could take out the lower low.
FLUX projected price target (PT). This target is a rough guess and based only on the Lord Skin's Formula so should not be taken as financial or investment advice. as a matter of fact, The content provided by Lord Skin and Big Juicy Cryp’s does not include financial or Crypto advice, guidance or recommendations to take, or not to take, any trades, investments or...
It is always useful to keep an eye on the USD when trading btc and at the moment the USD is showing signs of recovery in a demand point of interest. BTC is also near a major supply zone, in this case, near the 22K level. There is a potential price could tap this zone and then pullback. Based my projection on the USD the pullback on btc could be huge. In my view it...
The NASDAQ could have a further 29% to drop to complete the Elliott Wave ABC correction. This could happen anytime soon so I am setting an alert at entry. Also looking to cash out on some shares I am holding. Target price seems like a decent support level.
Gala have moved some 260% since the 3rd of January which is pretty impressive. But how far up does it go before buyers start to take some profit. My motto is " anything that moves too fast never last". A successful sell from her would be just phenomenal.
A less than anticipated rate increase will see the dollar drop and btc and gold pump. We could see a 10 to 12% pump on btc. This is one to watch. If the rate hile is higher than the market anticipates we could the opposite and problem a move closer to 12k btc.
Well I never crashed the party after all. The next level is 20K which is 10% away from the current price. This is where btc dropped to make lower low so a pullback from here is highly likely. I will reanalyse price movement at 20k.
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Not one to spoil the party but it is worth noting that btc is now near 2 supply zones where price could potentially pullback from. Overall BTC is in a down trend on the higher timeframes so target target level.
So BTC have broken structure to the upside and from looking at the chart the next area of supply is roundabout the 17380 level. I think this is a viable target price. When thinking of trading think in the form of supply, demand and structures.