BTC testing the down side of lateral range that have formulated since March 2024. (Testing the Ice) It will be positive if it is closed above 59500 on the daily time frame and the first target will be 62K IN 4 HOUR Time Frame , it has broken down trend
Solana has gained more than 45 % from last fall down that was in 5th August 2024 the trend right now is inside the range ( Phase C - Wyckoff Method ) The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed. SL is 141.46 ( this for me is consider thin stop loss due to the high BINANCE:SOLUSDT volatility of the crypto...
Others.D holding strong Support zone that have been tested for 4 times and failing to hold it will lead to 7.78% as the nearest target.
It is the first time to break out the wide range since DEC 2023 Now We are in Phase E ( Trading outside the Range) - Wyckoff Method Supply showing Effort with no result Demand has Increased Also there is upcoming earning so, Is the accumulation phase has completed and we are going to 🚀 ?! TP 01 : 34.71 TP 02: 37.17 SL: 29.30 I am Just sharing insights...
TIA have formed 3 strength Signs : Inverse Cup and Handle Double bottom Spring #Wyckoff Method Targets are marked using Fibonacci Far Target - the top side of the lateral Trend at 11.67 SL - 6.67 I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.