It seems befor going either more up, it needs a full correction mode. So a short position with something like 10-12 % profit and 5% SL is to observe.
An AB=CD pattern maybe can explain a correction mode in the near future.
it seems the most profitable position, is short at this point
After a bullish movement there will undoubtedly be a correction. According to another idea published on November 16, now that the target has been reached, the next form will be a Cypher pattern but this time of a bullish type. Aherefore the safe entry point for long position will be around 1.92 USDT with a look of a few hours or even a few days.
a Gartley pattern is completing the form and just we need the last point before a big price drop. so if we always want to take advantage of market opportunities, we can take a buy position with a minimum TP of 8%. Just to make sure that we have found the right time to enter, it is advisable to wait again for the price to come above the MA 100. otherwise it is...
BINANCE:TRXUSDT The current shape is a triangle which has been respected for a few hours. according to this form, still a small decrease in the price is conceivable and subsequently an increase of about 5% or even more is conceivable. According to this analysis, best point to enter for a long position, will be around 0.02537 or even less with an SL of one...
BINANCE:DOTUSDT According to several indications, it appears that there is a price drop of about 7% right now. after the candles touch near 4.4 USDT or even lower, there will be a minimum bullish movement of 6% or more. The Gartley shape and also the current channel show the probable destination which is well below 4.4 USDT. So the short position for now and...
After rising for two days, a fall was more or less necessary to move up further and break through the strong resistance towards 2.18 USDT. But is it going towards which path? bullish or bearish? to answer this question it seems to us that it is better to look at the several possibilities. 1. There is a shark pattern between Nov 11 at 2 a.m. until 4 a.m. on Nov 18....
Line R1 is a resistance that has been tested several times in the last three months but has never been broken. This indicates a very strong resistance in this range. The S1 line, on the other hand, is a very important trendline that has never broken in the last 8 months. Hence, this line can be considered as a very strong support. To reach the R2 range, the S1...
Because the price is currently in the middle of the range between resistance and support; So it is better not to make any deal but since the last few days; A parallel channel; It has shown strong lines as support and resistance. So the support line is expected to be tested again, in which case it expects a price increase in the medium term. At present, multiple...
Three strong resistance very close to each other R1,R2,R3creates a very strong resistance area. But the support levels as S1, S2, S3 are so far and very hard to say this wide support area could create a useful support to go up. So the realiste scenario could be pull back.
KUCOIN:POLUSDT
BINANCE:KSMUSD At the moment the best position for short term is nothing to do. But for the long term, the trend channel is still up.
KUCOIN:EWTUSDT the important threshold between 9 and 9.5 USDT could play the role of resistance, but once passed this threshold, the price will touch at least 11 or even more. from this point of view, the new support will be 9USDT.
An entry point with a profit of around 20% is now appearing. If the top of the triangle breaks, it will affect plus or minus 0.021 it could be the first step before going up even more and can touch 0.03 before starting a downward movement again. See the analysis done for today and if it touches you, please like and share.