ultratradingteam

ultratradingteam Updated 

VETUSDT broke trough the falling wedge. Value zone is still acting like resistance. SL wouldn't have been hit otherwise the RR still stays 6. Keep looking for new price action.

ultratradingteam Updated 

When the S&R will act as support we can see the continuation in the HH and HL structure. No shorts can be opened is this it true. Possible good for a scalp trade to the value zone for now if the buyers aren't stepping into the markets.

ultratradingteam

Value zone is acting as resistance right now. This doji that is forming can be a signal bar, yet this bar still needs +/- 2 hours. 0.78 fib. level is touched twice Descending resistance.. See chart

ultratradingteam Updated 

EW point 5 isn't quite perfect. Bullish divergence is showing up. S&R line with the descending trend line need to be hold before any longs can be opened. Keeping an eye on the price action for now.

ultratradingteam

After a double top and small bearish divergence we can see some support @ ~ 0.0285. If that supply zone won’t held again we can see some more downside to ~ 0.02540 and ~0.024. For now, the S&R breakout is testing the support and it will depend on the coming market structure and economics is this one will hold or not.

ultratradingteam Updated 

Found some support @ the 0.61 Fib. level Broke the ascending trendline support on the DTF and is now re-testing it with the S&R zone on the 4H TF *DTF PP S1 ~ 0.02658 + 0.78 Fib. level + demand zone *4H TF ~ 0.02844 + 0.71 Fib. level + demand zone

ultratradingteam

ICXUSDT is finding some support @ the demand zone + 0.78 Fib. level

ultratradingteam Updated 

Broke the previous HL's structure with bear flag. Less risk @ ~ 0.2319

ultratradingteam

XNOUSDT reached the strong support + demand zone ~ 1,60 This possible support zone was already mentioned, check for short term TP the link to related ideas Because of the ticker update we don't have much information about the price action displayed yet

ultratradingteam Updated 

Falling wedge with the 0,71 Fib. level Bullish divergence on the MACD + signal line 0,78 Fib. level would also be a PP S2.

ultratradingteam

Previous support didn't hold We're now @ the same level before the rally to ~0.28 started on the 4H TF we still need to see an other market structure before we can see some upward movements. See the link to related ideas BTFD NFA Overall market conditions don't look very good because of the stock market closed prices

ultratradingteam

Strong support zone If this support won't be respected we can see the Fib. level 1.0 as stronger support ~ 0.7470

ultratradingteam

First we need to make some HH with HL IOTXUSDT is @ the 24 Feb. support ~ 0.062 Lower band BB

ultratradingteam

DTF support still could be ~2400 LTF support check the link to related ideas

ultratradingteam Updated 

Pirce declined from the VZ. Now going for the 0.78 Fib. level, key level and PP S1. 1,88 is still the hard stop. If the key level got broken we can expect major support @ 1,60.

ultratradingteam Updated 

XNOUSDT is showing some mixed sentiment. If the price breaks trough the falling wedge and the signal line is crossing the MACD line it will give more confidence before opening a position. We see some bullish divergence if the recent wick keep acting as a support. See the blue horizontal support line. The 0.71 Fib level is not far away from the actual price...

ultratradingteam Updated 

ETHUSDT is also forming a H&S pattern. This pattern will be invalid if the price will break the previous high @ 3312,95. See the link to related ideas for more insight.

ultratradingteam Updated 

XNOUSDT is breaking the support zone slowly. It is now @ the PP S1 of the 4H TF. If the recent downtrend will continue we can see some support @ ~ 2,25- 2,10 and @ the 0,78 fib level with a strong key level @ ~ 1,95. If this descending trendline will break trough we're waiting for a retracement for we open any positions.