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ETHEREUM CLOSE TO THE APEX FOR A BREAKOUT / BREAKDOWNETHEREUM Trading inside a symmetrical triangle, This can of course most likely be a breakout to the upside and a continuation of the previous trend once we pull back into the area I have Highlighted on the chart . I have marked this region because of 3 strong areas of confluence ..The POC or fixed range profile , fib pull from July Low to High , which aligns perfectly with our POC and the 50 EMA. The pattern contains at least two lower highs and two higher lows, When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. The future direction of the breakout can only be determined after the break has occurred. A break should be on a closing basis for it to be considered valid. After the breakout (up or down), the apex can turn into future support or resistance. The price sometimes returns to the apex or a support/resistance level around the breakout before resuming in the direction of the breakout. Whatever trade you take ensure to use a SL and know your invalidation . Make a plan and stick to it and always know in advance where you are wrong . Support my work with a follow Like or a constructive comment .
by SJTRADESFUTURES
BNB - when is the best time to buy 🤔❓❓BNB tried to break the support level and consolidate below but failed. Every drop was bought back. Pulling up to the trend line again. This is a signal for a breakout and a rise. If price starts to squeezing to the trend line, breaks it, and tests it as support, that would be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
1
#LTC, Let's keep an eye on #Litecoin!A quick look at Litecoin (#LTCUSDT, 1D, Binance): Price is picking above the daily resistance at $179. If LTC price confirms the breakout we could open a long position with a good margin for profit. If it does not hold, price should find support at $164 and $152. Strategy If the breakout holds: TP1: $226 Alternative TP1: $199, TP2: $226 If you want to read more about Litecoin on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Needless to say, this is not financial advice!
by BitfulMind
BNB - when is the best time to buy 🤔❓❓Decided to analyze the global picture on the bnb chart. At the bottom, I noted a very strong liquidity zone. If the price comes to it, should expect a strong buyer reaction. This does not mean that the bnb will fall now. It could go up right now, but if that scenario happens, it would be the best opportunity to buy. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
5