ahmed_fawzy

ahmed_fawzy

@LTC is moving in a side way channel between the boundaries that is represented in the chart. as the price in the middle, the volume is not big and it can fluctuate easily. When it goes near the boundaires, we have to watch the volume very close. still LTC is wating the @BTC to bounce back again. lets wait and see. Good luck

ahmed_fawzy

@XLMUSDT is still in the downtrend. It is in wave C correction wave. The target price is indicated in the chart. Trading pullish is a counter trend trade. so you have to reduce the volume. Trading bearish is better but use a tighter stoploss not to get hurted. Goodluck

ahmed_fawzy

@BTC is about reaching its double top target. we are about to see a good correction

ahmed_fawzy Updated 

ALTUSDT is moving in a down side wave in multiple time frames. It seems to be a good short with tight stop loss

ahmed_fawzy

It seems that Doge is going to break this channel. Use the entry point and target as mentioned and put your stop loss just little a head the last bar. But we have to ensure that the break is confirmed

ahmed_fawzy

ENA is in wave 3 or wave C so it may go up breaking the channel to very bull wave. Otherwise it will respond to the hit of the down trend line to the bottom of the channel. My strategy is to wait here until the price reveal its direction

ahmed_fawzy Updated 

I can notice that the ENA is moving in a contracting triangle which generally occurs in wave 4 in the five wave impulse pattern. I expect the price goes to 0.3823 or higher (truncated triangle). The target would be 0.4181 when wave 5 = wave 1 or the target would be 0.4124 which is the triangle height. It may goes also higher than that or it may not, Stop...

ahmed_fawzy Updated 

it is very likely that BTC will down for a correction before a big bull run. you can follow my trading advice and don't forget to readjust your stop loss and manage your risk according to your portfolio.

ahmed_fawzy Updated 

BTC moves as expected and is about reaching the downtrend line @69,000 You have to be cautious as the price may go down in an impulse corrective wave. We still in the bullish direction raising out protective stop to protect our profit. We have to wait the price to reveal its direction. see my previous count in the BTC complex wave idea

ahmed_fawzy Updated 

It is not important to know for now is it a correction or down trend. We can trade this wave and wait and see. Stoploss and target are illustrated but use your risk managements for the amount of money you will use. Don't risk all of your wallet Good luck

ahmed_fawzy Updated 

Actually it took me a lot of time to reveal this hypothesis. In my opinion, we are in a very complex correction that the price hesitates below a very important downtrend line that prevent the price to go to the sky. I can count some waves and expect that the price is going down a little bit to 66,600 and then start a small impulse, wave c of wave (X). so you...

ahmed_fawzy Updated 

BTC seems to be move in a side wave consolidation. I recount the wave to a Flat correction. We have to wait until this wave finished and then enter the bearish impulse if (and only if) the price proves that the count is correct.

ahmed_fawzy Updated 

It seems that BTC is going to complete the flat correction. It's expected to start the C wave, which is a Zigzag impulse. Note: You are trading in the counter trend, so you have to enter with small amount and tight stop loss. Overall it is expected that the price will go down afterwards to complete the WXY bearish correction. You can enter the trade as shown...

ahmed_fawzy Updated 

I expect ENA in it's bull run. I think ENA will exceed 0.4 and run above to sky. It is now running in a channel and expecting price to reach the above ceiling of the channel

ahmed_fawzy

In my opinion BTC has finished its ABC correction. We are in a bull run. The entry point is Now, Stop loss and target are on the diagram. I use a tight stop loss because a different count can be used. Which put our bullish expectation into danger. so it's better to ride the wave with a tight stop loss. if the count is correct a bull run would be happened.

ahmed_fawzy Updated 

In my opinion, BTC has finished a five waves (impulse) down and it is now in a correction wave. I can count A, B and we are in C wave of the correction wave which targets 68000 (+/- 500) we can go long with tight stop loss with small amount. Don't forget to manage your risk. It's a little bit risky trade as it is against the impulse wave.

ahmed_fawzy Updated 

In my opinion, BTC will continue its down trend as a retracemnt before bull run. We sold short and take small profit after tighten stop loss. Now we can again retry the chance. Don't forget to manage your risk

ahmed_fawzy

The Gold has shown the head and shoulders reversal pattern on the 1Hr chart. This indicates that a correction is expected on the short term. This may be the correction before the next bull move to make a new ever Top price.