Price is mid level on wave (c) and it seems it has got a bit more room to retrace upwards before the next leg begins.
🕯 Outlook
A bullish move may soon form above the highlighted blue resistant line but we should keep in mind that this bullish move should be limited.
⚠️ Key Level
The main idea is for the price to find some momentum from current level, push above the blue line until it reaches our ultimate rejection area. If price does not maintain bullish move from here or if it is not rejected from top, this insight becomes invalid.
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Price is mid level on wave (c) and it seems it has got a bit more room to retrace upwards before the next leg begins.
🕯 Outlook
A bullish move may soon form above the highlighted blue resistant line but we should keep in mind that this bullish move should be limited.
⚠️ Key Level
The main idea is for the price to find some momentum from current level, push above the blue line until it reaches our ultimate rejection area. If price does not maintain bullish move from here or if it is not rejected from top, this insight becomes invalid.
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Things look pretty bullish for #ICP cause Spring move (S) at the bottom and Last Point of Support (LPS) with previous pullback at the broken trendline seem to have finished.
🕯 Outlook
The next move that follows after S & LPS is for the price to show Signs of Strength by retaking previous resistant zones.
⚠️ Key Level
The key to activate this insight is for the price to establish a uptrend move above the highlighted critical zone to confirm the bullish idea. As long as price has not confirmed this move, we are just watchers.
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#Ethereum price has been stuck under 2k level for quite some time and it seems the whole ranging price was part of a complex pattern with inner legs.
🕯 Outlook
Currently we expect price to finish the final correctional leg of its inner (abc) correction before it is ready to make another bullish attempt.
⚠️ Key Level
The key level for this analysis is where wave (c) of the inner (abc) pattern ends. That's where the new wave for the bigger pattern is expected to start. This support needs to hold if #Ether is bound to attempt to retake 2k level.
The overall picture is telling us that Bitcoin Cash has been going through a distribution in the last few months.
🕯Outlook
On first look it seems wave (b) has finished with a broken wedge. However, the quality of this move will be tested in the next retracement move.
⚠️Key Levels
The first highlighted red circle and reaction to it will show us whether we got a solid rejection to continue wave (c) or not?
If price breaks above red zone, then Correction was a sellers trap. Wave (b) has not ended yet. Then the highlighted green zone is the next Retracement Area
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Price has completed a strong bearish leg and is now testing a major demand zone, where a reaction could start forming.
🕯 Outlook
Once wave C finishes, there a good potential for a relief move from the demand zone toward the flip zone and even beyond.
⚠️ Key Level
The main focus here should be the support at the bottom where buyers are expected to step in; either at the highlighted zone or after taking the liquidity below it to finally finish wave C.
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Price is at the verge of breaking above the descending trendline as the lower liquidity has been taken out under a spring (s) move.
🕯 Outlook
The momentum is expected to hold as price shows Signs of Strength (SOS) at higher resistant levels.
⚠️ Key Level
Highlighted gray zone is where buyers should hold price in order to push it higher. If the whole zone is lost, and price goes to lower levels, the pattern has failed.
Price is about to start a retracement move towards higher resistant levels before it is ready to go down again.
🏹 Plan
Our plan is to catch the pullback before the retracement move upwards starts. Each highlighted support could give us best case and worst case scenario as entries.
⚠️ Risk
If market makers plan to keep pulling price down without retracements, price will go below wave (b) and breach our invalidation level. So keep that scenario for cutting loss as well. LINK IN BIO FOR MORE TRADES 🆓 #INJ #Injective #Macro Insights# #Trading
A liquidity pool has formed on the 4-hour timeframe, which the price is expected to target. Allocate a maximum of 2% risk to this trade ‼️ LINK IN BIO FOR MORE TRADES 🆓 #Macro Insights# #Altcoin Season# #Analysis #Market Rallies After Bitcoin ETF Approval#
We expected the bullish (abc) pattern to have finished at our previous analysis full target but the strength of the correction tells us something different when we zoom out.
🕯 Outlook
The strong initial move we saw at the bottom of wave (b) CAN make another attempt to break above the previous high with a slight pullback.
⚠️ Key Level
Highlighted gray zone is where the correction should come to an end if wave (c) is to make anotber attempt to break above the previous high.
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Although #BEAT delivered full target on the previous insight, the selling pressure and extreme sell off hints us that there are more correctional legs to come soon.
🕯 Outlook
As our pattern has turned into a diametric pattern, each retracement zone CAN give us a nice preparation for selling activity.
⚠️ Key Level
Once wave (c) finishes at a reliable support zone, we may see a bounce in the form of retracement (d). Even if you plan to scalp your way up, pay attention to the highlighted red area where the main focus would be to start the next big correctional leg (e).
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#LINK still has held its strength since forming a double bottom at lower support levels and it seems it CAN still meet higher resistant zones by gathering a little bit of strength at a pullback.
🏹 Plan
The ideal scenario is a nice pullback to the highlighted support zone where we expect wave (b) to finish.
⚠️ Risk
Just be careful in choosing the right leverage to give enough space for both entries to be triggered. And if price goes below invalidation, be ready to cut loss.
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After ranging for about a month, we CAN conclude the Up Thrust we expected from #Bitcoin has failed (UAF) and now price may need to go to lower levels to find more support.
🕯 Outlook
A pullback as a Spring move CAN attract more buyers to push price up to show some Signs of Strength (SOS).
⚠️ Key Level
Highlighted zone is where the pullback is expected. If price starts a bullish move right from here, then this insight will be irrelevant.
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DOGE appears to be forming an AMD / PO3 structure, with price currently in the manipulation phase.
🕯 Outlook
If price reclaims the highlighted range, the pattern could gain confirmation. A successful retest of the range may then provide an opportunity to look for continuation toward the upside.
⚠️ Key Level
If price breaks below the manipulation low, the current PO3 scenario is invalidated. LINK IN BIO FOR MORE TRADES 🆓 #DOGE #Dogecoin #DogeETF
#UNI has started a correctional pattern after losing the support of trendline and this move seems to continue under several swing moves.
🏹 Plan
Each retracement CAN be our chance to sell this coin at reliable technical points to ride the next move downwards.
⚠️ Risk
Pay attention to the highlighted entry zone. If price breaks above it with fully bullish candles and breaches the invalidation, it means pattern has turned bullish and it's better to cut loss. LINK IN BIO FOR MORE TRADES 🆓 #Unichain #Uniswap #Uniswapv4PositionsNFT
During its upward movement, the price of #WLD formed a 4-hour OB zone between $0.3110 and $0.3240. If the price holds this zone during a correction, a new upward movement will begin. The main target for price growth is the liquidity at the previous high of $0.4030.
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Target: 1)0.1400 2)0.1500 3)0.1600 Allocate a maximum of 2% risk to this trade ‼️ LINK IN BIO FOR MORE TRADES 🆓 #IO #ION #Macro Insights# #Altcoin Season# #Meme Alpha#
$ACE/USDT SHORT Leverage: 25X Entry: 0.13 - 0.1360 Target: 1)0.1250 2)0.1160 3)0.1060 Stoploss: 0.1480 LINK IN BIO FOR MORE TRADES 🆓 #ACE #Macro Insights# #Altcoin Season# #Meme Alpha#