simple analysisHello trader,
_ as you can see that the analysis is simple, but it contains the most important things, which are support and resistance, and here you will see the most important thing, which is the fracture towards the bottom, and we have the percentage of selling 70%
_ In the end, this analysis is a simple part of my strategy. Any question, welcome, and do not skimp on me with your support
Analysischart
Patience is the KEYIt has really being a while i have made some post on some of my analysis. I have being putting my focus on a project i was working on. But today i decided to make some analysis and to share it with you guys. WAVES!!!!!! On channels and groups i have been seeing lot of people call longs on this coin and other coins.
As you can see in my analysis, i think the best thing is to wait and be a little patience. Right now we are seeing the market not making clear moves yet as we see the creation of 2Ds (drives). Now the best thing to do is to allow the market to complete another drive on the given support. If the market does that then i will long with confidence using a good risk to reward (This is a subject that i will deliberate on anytime i am free, cause lot of people have been rekt due to not have a good money and risk management)
SO the take away in this analysis is: Wait for another touch for a creation of a 3D. If and only if the market does that, then we can confidently place a long on this coin and put an SL below the zone
US 30 Analysis 14-11-2021WEEKLY - Does not provide any valuable information other than the passing above a stress zone and a possibility of coming back to retest that same zone.
DAILY - Price doing a short pullback and on the last day of the week bullish engulfing the previous day. If we draw a Fibonacci retracement from the 35500 to the 36600 price is between the 61.80% and the 50% levels and there is a possibility, with the right price action, that price continues the bullish movement that we've been seeing. We'll have to wait and see but in my opinion the real moves will happen when price comes to retest the 35600 level just has I said in the weekly.
4H - From all that I can see if the price remains bellow the stress zone of 36200 I'm bearish to the 35600, but if if price breaks above the stress zone and does the right price action retest then I'm bullish to the 36800 area +/-.
1H - Same view as in the 4H chart.
An upward channel with a 95% target🔵 Point Blue for entry so two points for entry and averaging subtraction
🟢 The green dot indicates the profit margin and goals. Do not forget to save profit
🔴 The red dot is the loss limit, stick to it (you can lower the average there, it is a condition)
This is a newcomer, and it has high goals, but be careful, these currencies sometimes fall.
. ⚠️You can enter after the first goal with more ease
⚠️Enter a small amount of your capital
⚠️Manage your capital
BNBUSDTIf BNB resists in the $ 517 range, it will probably stay in the same range
If it crosses the 517 barrier and buyers increase, it will increase to $ 571 and $ 603
But with the price falling below 449 and closing below 434, the new price floor will be recorded and the probability of falling to 407 and 378 will increase.
Bitcoin likely to retrace to last support (12500)Bitcoin is likely to retrace back to 12500. The RSi prints a bearish divergence on the daily timeframe.
14k is strong resistance.
The zone between 12000 and 12500 would be the best to start looking for longs again.
This analysis is invalidated if we can close a full daily candle above 14k.