abdou.g12dz

abdou.g12dz

Applying SMC on ADAUSDT... An inducement level seems to be formed... Waiting for the liquidity trap on both sides... Buying opportunity at around 0.72... Let's see...

abdou.g12dz

First of all need to pricise, I am not giving any advice; it's just a point of view. As shown above, we have two possible scenarios for BTC and the zone marked to watch is a critical zone : 1- BTC will probably hit 19k only if : - A potential reversal signal happens into the zone. - A breakout occures above the triangle which is a good reversal...

abdou.g12dz

he next soon target: 0.000018 Let's see what will happen...

abdou.g12dz

Let's see what will happen...

abdou.g12dz

As shown in the chart above... The very soon TP is 10.7k

abdou.g12dz

is it forming a cup and handle pattern to reach the deep of the deep? What do you guys think?

abdou.g12dz

As shown above :)

abdou.g12dz

As shown above :)

abdou.g12dz

Go long... TP1: 8.88, TP2:9.49, TP3:9.63

abdou.g12dz

Risk/Profit Ratio 1:1

abdou.g12dz

The next TP would be 29.20 Watch out the area ( 28 - 30.5), it probably would comeback from this area to reach the 37 TP? Let's see...

abdou.g12dz

We got two TPs...

abdou.g12dz

First of all, I guess that we already have a reversal signal which is the formation of a Tweezer Bottoms as shown in the yellow ellipse. Secondly, I guess that the area between 0.00012 and 0.00013 is a strong one, but if this time, the breakout happenn over the 0.00012, we can excpet to reach 0.000182 very soon... In another case, the support 0.000091 is very hard...

abdou.g12dz

Let's see...

abdou.g12dz Updated 

1hr frame. Waiting for the ABC corrective pattern to be completed, then we can hope a good bullish...Hope so? Support and resistance are based on fib levels...

abdou.g12dz

if breakout, go long till reaching the TP 1.618 fib ratio level as shown on the chart above...?

abdou.g12dz

We are in a correction waves? But I guss a good buy will be avaiable after...

abdou.g12dz

I guess, we will have two possible targets as shown on the chart above.... Let's see...