previously I made a swing long in the 2800 zone very profitable, now after breaking that support and testing lower levels, we have returned close to the 2800-2900 zone, we keep the VAL (Value are low), if we can reach that zone and consolidate, the trip will be direct to the next gp of 3400.
this is the next zone where I expect eth to get support and then return to the all-time high.
the following fibonacci levels are the most relevant support zones as long as the short-term high is 49k. What happens after an impulse wave has touched the golden pocket is a complete correction to the 0.38 - 0.61 - 078 zone. following this idea, the next level 0.38 with a POC, is a good area for a temporary rebound or trend continuation.
The following fibonacci levels are the zones where I expect the price to react as resistance before breaking the top. I have also market the next trend-based fibo time which indicates the next most relevant dates in time where I expect a price reaction. I am long from low as indicated in a previous chart and I still expect higher highs between 2024-2025, however...
Cardano, one of the most ambitious projects in the cryto space and one that forms 30% of my portfolio, I have been accumulating between 0.20 - 0.30. It's that simple, buy as a long-term investment 1-3 years
this zone is the perfect one for a rebound and accumulation to end the correction, I'm buying on spot accumulating all year, it doesn't matter if btc continues to drop I'll keep buying
This is the zone for me to long, easy septup! based on weekly levels, and fibonacci extensions this level plus the control point would be the one to make a long
Good RR Septup, very clear invalidation line, following fibonacci levels
as simple as it looks, if this correction continues this should be the movement during this year
Doing a complete analysis of waves, this wave 4 has not finished correcting yet or so it seems so far, we have been in this parallel channel for 55 days, we will soon see a break, if it goes down this is the area where I am interested in open longs in both btc and altcoins
I will be buying ltc in this zone for a bounce, I will average the entry if necessary to the invalidation point
Taking the example of the previous correction from 42k to 29k, we could see a similar movement in this area, good support at 39k if that level was lost the whole idea would be canceled and we would go to the 30k area
These patterns are very common in an uptrend, you can call a bullish pennant or an ascending triangle, Seeing the LTC / BTC pair, with this break to the upside I will take advantage of a previous resistance test to enter long as a swing for the next two weeks
Ascending channel, break from the all-time high, consolidation under resistance, next move in the medium term, spot position at $ 1,100, ready to increase my position
my next two bounce plays, we don't hit the ema 55 on the daily candle from 10,800, I use it a lot for trading it works 90% of the time, and the second zone would be the golden pocket near the fibo extension 1,272