But first price action shall move to the 11-12 dollar resistance before the downtrend continues.
** trading opportunity **
On the above weekly chart pice action has confirmed a bear flag breakout. The flagpole measurement forecasts an eventual target of $2.50.
Meanwhile a breakout of RSI resistance prints with a weekly bullish engulfing candle. The weeks ahead shall likely print a strong upward move at first until resistance.
Is it possible this resistance test at $12 fails to hold? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe: Long now this month until resistance
Return: 50% or thereabouts
** trading opportunity **
On the above weekly chart pice action has confirmed a bear flag breakout. The flagpole measurement forecasts an eventual target of $2.50.
Meanwhile a breakout of RSI resistance prints with a weekly bullish engulfing candle. The weeks ahead shall likely print a strong upward move at first until resistance.
Is it possible this resistance test at $12 fails to hold? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe: Long now this month until resistance
Return: 50% or thereabouts
ความคิดเห็น:
A move to resistance / $12 area next.
ความคิดเห็น:
Approaching resistance area.
Can the bulls push this $4billion batholith through resistance?
Can the bulls push this $4billion batholith through resistance?
การซื้อขายยังคงดำเนินอยู่:
Perfect rejection from resistance. The weekly candle that recently printed, do you know what it is called?
www.youtube.com/watch?v=CCzD3ONQ...
Weekly
www.youtube.com/watch?v=CCzD3ONQ...
Weekly
ความคิดเห็น:
Price action must close above $10 by Monday to void this trade.
ความคิดเห็น:
Price action now must close a weekly candle this week or the next above $13 to void this idea.
ความคิดเห็น:
In the last update:
“Price action now must close a weekly candle this week or the next above $13 to void this idea.”
48hrs until that 2nd weekly candle close and price action struggles still to close above $13. Why?
Look left.. price action is at the scene of the crime, broken market structure. This is the reason for the resistance.
weekly
“Price action now must close a weekly candle this week or the next above $13 to void this idea.”
48hrs until that 2nd weekly candle close and price action struggles still to close above $13. Why?
Look left.. price action is at the scene of the crime, broken market structure. This is the reason for the resistance.
weekly
การซื้อขายยังคงดำเนินอยู่:
Don't wish to be a Debbie Downer in a bull market, however as anticipated there are tokens that are not participating in this bull market, ATOM is one of them, just like MATIC amongst others.
On the 5-day chart below a significant bearish divergence has confirmed from broken market structure. Previously such strong bearish divergencies saw a 70% correction. Look left.
5-day
On the 5-day chart below a significant bearish divergence has confirmed from broken market structure. Previously such strong bearish divergencies saw a 70% correction. Look left.
5-day
การซื้อขายยังคงดำเนินอยู่:
Picking up speed... most recent support has confirmed as resistance.
4 day
4 day
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR