Just a simple analysis of BTC. 73000-66500 (yellow lines) becomes a new strong support that should not be destroyed in a bull market. Target 120K-130K I think is not ambitious. DYOR! NFA!
The trend will guide the movement, the support line will determine the next direction. just follow where it flows.
Look at the daily or weekly time frame, the bull trend is still in control. I think this is still in wave 4 and I am waiting for wave 5. The lines below are support levels that need to be paid attention to which will determine the reversal or continuation point.#NFA#DYOR
Look at the daily or weekly time frame, the bull trend is still in control. I think this is still in wave 4 and I am waiting for wave 5. The lines below are support levels that need to be paid attention to which will determine the reversal or continuation point. #NFA
I think BTC is ready to move up, bouncing on the volume profile as support and supported by the ascending triangle pattern. but still pay attention to the red arrow as the reverse scenario. Only for your reference*DYOR*NFA
As usual, there wasn't much movement on the weekend. what's next, A or B?
Currently in the order block position (green box) and in my opinion it shows a pretty good reaction. NFA! Use the appropriate risk reward, set a profit target and stop loss for your trading plan.
My view, XRP shows a clear pattern of inverted head and shoulders on the 4 H timeframe. Price 0.7163 is my target, invalid if it fails to fall below the neckline. additionally, on tf daily the nearest resistance area is at 0.7669. NFA! always use a safe risk ratio, set a target and stop loss for your trading plan.
My view, LTC shows a clear pattern of inverted head and shoulders on the 4 H timeframe. Price 97 is my target, invalid if it fails to fall below the neckline. additionally, on tf daily the resistance area is at 99.68 - 106. NFA! always use a safe risk ratio, set a target and stop loss for your trading plan.