CryptoMindsCircle

CryptoMindsCircle Updated  May 6, 2024

Clear Uptrend: The chart shows a clear uptrend, indicating upward price movement. Parallel Channel: Price action is within a parallel channel, suggesting a structured trend. Phases Identified: We can observe phases of Accumulation, Manipulation, and Distribution. Distribution Phase: Near is currently nearing the retest of the distribution phase. Entry...

CryptoMindsCircle Updated  Apr 16, 2024

APT appears to be retesting a bottom Fibonacci channel. If it experiences a pump, anticipate a potential 150% upside. Entry range: $11.720 - $12.110 Expected target price: $21 and $30 Stop loss set at $10.45 With the risk-to-reward ratio for this trade being 1:14, we can afford to take on a favorable risk. As traders, it's advisable to wait for a 15-minute...

CryptoMindsCircle Updated  Apr 16, 2024

Fibonacci Channel Analysis: As evidenced by the chart, the Fibonacci channel is performing effectively, suggesting INJ has the potential to reach approximately $131. Market Observation: A significant move is anticipated; closely monitor its interaction with the EMA 200. Initiating Trade: If a bullish trend is evident, consider initiating a long trade with a...

CryptoMindsCircle Updated  Apr 16, 2024

Analysis BTC exhibits signs of a potential parabolic phase following an upside breakout. Sustaining above 70k suggests an extremely bullish sentiment. Positive indicators from open interest and funding further strengthen the bullish outlook. Trading Strategy with Risk Management This presents an enticing trading opportunity, favoring a long position. ...