MasterTraeder

MasterTraeder

Trade Setup: Long Opportunity After Wave C Completion Once Wave C completes, it presents a strong opportunity to enter a long position, as corrections typically lead to the next impulsive move upwards in the broader trend. Profit Targets for the Long Position: Initial Target (T1): $96,500 – A retest of the previous horizontal resistance, aligning with the daily...

MasterTraeder

Title: "BTCUSD Head and Shoulders Formation: Key Levels to Watch for Potential Breakdown or Reversal" --- Description of the Analysis: This BTCUSD 4-hour chart showcases a **Head and Shoulders pattern**, a classic formation often signaling a potential trend reversal. As Bitcoin trades within this pattern, traders should closely monitor the neckline and key...

MasterTraeder

**Title: SUI/USDT Fibonacci and Channel Breakdown - Potential Retracement Areas** In this daily chart of **SUI/USDT**, we can observe a few key points of interest: 1. **Ascending Channel**: The price is currently within an ascending channel (outlined by the purple lines). This channel has supported the upward momentum but may now be testing key support levels. ...