some hopium for $BTC short term Anyway since we're in a bearish macro trend i'll short the common part with the bullish scenario, not going long here Watch out the fake out / bull trap...
$ADA is going out from this little accumulation zone Making an higher low, nice R/R for a long
So this is a zoom on our B waves Who can be break down in 5 waves We are currently in the 5th wave who will ending the B wave So this is suppose to be the last uptrend wave I’m now looking to short from the top So i’m placing short order at the key level of where B could end and take profit when it’s going down to the next level and repeat to keep averaging up my...
We are on the B wave RSI seems to face a resistance here (blue line on the RSI) This line rejected several time the price, so it's look like a resistance and it's also the line who rejected the price on the last B Usual retracement for waves B are : 0.5 (+++) who will bring us to around 6800 but can also be 0.382 (++) who will bring us around 7100 I put the 2...
I'm just adding here the elliot analysis i didn't want to post it with the previsou chart to not make it too crowd please refere to it for the complete analysis For the Elliotist (still learning) We seems to be on an 5th wave ending diagonal actually in the B waves, waiting for the start of the C
These are my trend lines on high time frame (1D) We’re in this big descending wedge *Why do I draw those (particular) line and not the descending triangle for example?* When I draw a line, I like it to be also support resistance on a different momentum You can see that this resistance was also support during the beginning of the correction phase You can see that...
Strong momentum on VET here, breaking up from a rising wedge We can expect it to break up from this triangle
Buying some $BAT here after it went out of this descending channel, let see if the momentum is holding
look like we had a nice 5 waves and doing ABC correction rn if it hold the 0.382 level I might considering getting a position
I don't play with alt rn but $LSK look really nice here, with LISK mainnet on the 29th August. I'll wait to see the reaction with this resistance... (already 25% up)
Placing some long order on the retracement that's some really low order but i don't like buying the green We might had 5th waves and about to do an ABC correction, but with this kind of event i'm not sure the retracement will be that deep
$WAVES intresting chart here when all the other alt look weak AF, this one is trying to break out this descending channel whith some nice volume alt are really slippery lately so i would not recommend entering rn but this is a coin to watch