Davide_Manfrini

Davide_Manfrini

in past days AMP found plenty of supply and now the price is moving in search of a decent demand, i think we could try to anticipate the demand zone a little bit and shoot for a 1:3 R/R trade let's see if some buyers will show up!

Davide_Manfrini

let's try to be the trap some traders on 1INCH, we could try to enter below the last two relative lows where lots of traders have their stops. In that spot we are facing also a pretty cool demand zone so I am expecting some serious reaction, the risk-reward 1:5 is nice and it's worth a try

Davide_Manfrini

the retracement could come to an end soon, we have already retraced 75% of the main bullish impulse and we are facing a big demand zone imo. Here the risk is minimized compared with the reward of right guess, BUY the DIP !

Davide_Manfrini

we are approaching an interesting demand zone, I think we can bounce here and maybe make a new All Time High the trend is bullish, "buy low and sell high" is the mantra here

Davide_Manfrini

the last time NKN touched this level it bounced so it could happen also this time. Let's see if there are some buy orders left in this zone!!

Davide_Manfrini

we are approaching an interesting level of demand and we can easily bounce here, there is enough space to until the next decent resistance to try a 1 to 3 risk-reward trade

Davide_Manfrini

TTM indicatori shows compression of price action which could lead to a pop in one direction or the other, I opted for the long and I will try to catch a 30% gain on this run. The trend is bullish so let's see if it will resume after this period of consolidation

Davide_Manfrini

a possible channel is forming and I like the Risk-Reward 1:10 to catch a possible push to 300. the price is above the main daily moving averages which could act as supports. If we break the support of the channel instead I can see a drop of the price to the all time low let's see what happens and if I can double my investment ;)

Davide_Manfrini

volume is increasing and the next supply zone is far away, it's possibile that we are in a huge channel. XYO can make a serious run in the next future!

Davide_Manfrini

AXS strong trend on the daily and seems to be at a supply zone in the 30min chart , Also, we are at the 0.236 retracement level from the last big bullish impulse I'm going to open a position and risk 1.85% of it trying to get a 7% gain

Davide_Manfrini

I think there are big demand zones there, let'see what happens. There are also important fib retracement levels (0.382 and 0.236) of the entire rally. I am going to enter at 150 with target 330 for a 1:5 Risk-Reward trade

Davide_Manfrini

I think 18 is a good target price or at least a level where you can take a partial. If we reach the 18.00 zone I think we could pullback in the 10.00 zone for more demand

Davide_Manfrini

we are reaching an interesting area of demand, I think the risk-reward makes sense and I will try to ride it back up to previous highs.

Davide_Manfrini

this currency is acting like it is in a wychoff accumulation phase, let's see if a new bullish movement can start. I will enter on a retest of the trading range from the consolidation phase and try to hold up to the 30ies and trailing my stop. Risk-Reward = 1:3

Davide_Manfrini

I think the current bullish wave could reach the target 0.3 in the next few days. I'm basing the anlysis on trendlines, elliot waves and fibs. plus.. 0.3 is the POC of the current value area we are trading in ;)

Davide_Manfrini

Every time we had a strong bull trend that then broke its trendline (the green lines) we had a bear trend line that was tested few times before it broke and a new bull run started. I can see it happens again and I'll wait to buy BTC to see if it consolidate more and maybe come down to touch the channel trendline (purple), that would be an awesome spot to buy

Davide_Manfrini

fun to watch if she can reach 0.00002220 by November if pulls back to 0.00001000 I'll look for a bull play

Davide_Manfrini

nice retest of the resistence with an evening start reversal