H4 timeframe played out favoring longs > H1 timeframe following through with H4 bias after correction from H4 Impulse > rest of timeframes showing more opporunities for longs confluence with fib; PA so far playing out from golden zone in fib levels if plotted corerctly target would be above with same color with fib levels (green) Price action right now still...
Just my insights on ARB/USDT for spot. People are heavy buying ARB right now, most traded volume in Binance in the last 24h. Expecting to see price to hit HKEX:2 with the surge of buyers in the market
Just my Technical Analysis for MAGIC. H4 time frame suggests that price is going up > lower time frames (H1&M15 going bearish for now). Insights for Magic will be to long as the market shows. Below are my POI ( point of interests, where i would place my orders either for spot or futures) invalidation would be if we break the low in D1 time frame.
Will try to short the market here, will enter at the rejection candle at M15. Risky trade to short right now, but i will see my plan through. Key levels plotted below for possible Take Profit. Much better for market right now to break structure in lower time frames to validate my trade outcome more.
Market is making higher highs and lower highs, a bullish orderflow is playing out. Consider BTC's movement.
Price action is making higher highs in 15 minutes time frame, while RSI indicates lower highs. Bearish Divergence playing out in 15 minutes time frame. Waiting for price to break structure of the low that made the higher high. If so, might look for short ideas , and might consider for BSL to be swept for a better setup.
Planning to take this trade as BSL has been swept, waiting for market shift for my short idea to be valid. Key points below for my TP ( OB's & SSL)
Market might sweep liquidity from Buyside and might make a move to also clear Sell side liquidity with an impulsive move
Just my TA, neutral bias. Sharing my Technical Anaklysis only