Mohsen_Abbassi

Mohsen_Abbassi

Salaam VET seems interesting after breaking the long-term descending channel. To continue rising, VET needs to clear 0.055 resistance. After retest, the next target is 0.07 area. Try to stick to the daily time frame to avoid confusion. Good luck,

Mohsen_Abbassi

Salaam ETH broke the descending channel. It seems bullish and in 4h time frame, it retested the descending trend line. After closing a daily candle above 3000, ETH could rise to 3600. Manage the risk in any situation even when anybody going BULLISH. Good luck

Mohsen_Abbassi

Salaam Happy Norouz WOO seems interesting. It broke the key level, retested and consolidate just above it. Close below 0.55 will invalidate the buy. Manage the risk and good luck,

Mohsen_Abbassi

Salaam It's the correction over and bottom is in? After browsing the ascending channel and retrace 61 Fibonacci and also double bottom pattern, could send VET up to 0.071 But there is king way and many resistance to break. The main one is fully channel resistance about 0.05 Bragging the daily channel (purple one), could signal the bull run of VET We'll see Good luck

Mohsen_Abbassi

Salaam Good day VET not seems good totally especially for the last day's wick that rejected the daily key level and channel's resistance. Now VET is located in 2 channels. The purple descending long term and light blue 4h ascending one. The idea will confirm if the daily candle close such as this bearish engulfing. in the case the targets are 4.5, 4 and 3.5c...

Mohsen_Abbassi

Salaam Despite impulsive downside move, I think here is good buy area. Just above the long-term channel. Good risk rewards Good luck

Mohsen_Abbassi Updated 

Salaam Link broke the descending channel but can't break the 14.4 resistance. Still keeps above the channel but it seems that going to retest the channel. It may be returned back to the channel and even retest 13.5 area. Note that 4h closing matters and 4h candle should close above the channel, otherwise the setup will be invalidated. Regarding 1h and 4h price...

Mohsen_Abbassi

Salaam LINK still respects the channel. There is not any confirmed setup. But for now, sell has more odds. To buy, waiting for a close above the channel or the resistance line at 14.4 is a better idea. Totally, another retest of the bottom or some lower is possible. Good luck,

Mohsen_Abbassi

Salaam There is a good setup. A bull flag inside a descending channel, both are bullish signs. The projected target showed in the chart. Good luck,

Mohsen_Abbassi

Salaam ADA stands just above key level support. Also makes a descending channel. This is the third touch of support. Waiting for a good bounce. Break the channel good accelerate the rise! Close daily candle below support will invalidate the setup. Very good risk reward. Good luck!

Mohsen_Abbassi

Salaam I bought here at the support line. and because of the good risk-reward ratio. Let's see if it could hold this time or not! Good luck!

Mohsen_Abbassi Updated 

Salaam good entry IMO. but 1h candle should return back above the channel. close below the support also invalidate the setup. Good luck

Mohsen_Abbassi

Salaam The total crypto market doesn't seem good at all! VET broke important key levels clearly and most probably going to test the next support. I open a short position below the level at about 0.05 Manage your risks and don't fear to close trades in loss! If you are sure about breaking a level!

Mohsen_Abbassi

Salaam There is a descending triangle in 1h that could send BTC down to 36500 area. RSI indicator also crosses down the moving average. Manage the risk!

Mohsen_Abbassi Updated 

Salaam Good day VET makes a descending channel that is also considered a bull flag or reversal sign. now VET broke the rising wedge that coincidence to the channel resistance and returned. I focus on the 0.05 area which is a long-term's key level and target of the rising wedge. Do your analysis first before entering any trade. You should have enough...

Mohsen_Abbassi Updated 

Salaam ETH is located in a descending channel that is a bullish and reversal sign. I prefer to buy at the channel's support line that is near the long-term key level at 2620. Also, could wait to break the channel to the upside. Manage the risk, Good luck,

Mohsen_Abbassi

Salaam Link are gong to break the descending channel. You cold wait for break and retest but personally I've entered. Good luck,

Mohsen_Abbassi Updated 

Salaam We have broken rising wedge just below the resistance but not falling enough?! I think it may top off the last local high and then begin falling. It could be a good idea to scale out your longs. Note that this is only a possible scenario and there is no certainty. Good luck,