MASK ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MASK symbol.
It seems that we are in an abc pattern whose wave b has become diametric and now we are in wave e of the diametric wave b.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MASKUSDT trade ideas
MASKUSDT(Mask Network) Daily tf Range Updated till 07-03-23MASKUSDT(Mask Network) Daily timeframe range. its been stuck between #3.462 and #5.297 for a while now, even tho recent btc dump its holding strong. which is good prop. now if market returns normal if money flows into it, its not hard to break through #5.297, defending this level was the hardpart. failed to defend will go below #3.462.
MASKUSDt could retest the resistance?MASKUSDT recently experienced a clear rejection from the daily resistance and weekly structure at the $5 area. Currently, the price is testing the dynamic support level.
If the price fails to hold this support level, there is a possibility that it could retest the 0.618 Fibonacci level as new resistance. Traders may want to consider applying Plancton's rules and taking a short position if the price experiences a new bearish impulse.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Could $MASK Sweep That Nov High? Possibly.The idea here needs $BTC and $ETH to maintain bullish market structure to happen.
However, the momentum is there to pull $MASK up to that target with a week of positive movement on the big boys.
Going to be watching for any 4H break of market structure for a signal to close.
MASK LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MASK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You