wolf_king888

wolf_king888 Updated 

🧠As we mentioned in the previous post, our pullback may be over and we are in the middle of a rally driven by the bottom double bottom long structure. In the 15m chart, we have successfully broken through an important inflection point to form a cup handle bullish structure, so the rally with the long structure as support should be very efficient. ⚠️Note that this...

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🧠As I mentioned in the previous article, we managed to break above the inflection point, where the Elliott correction wave C may have ended. Given that we have successfully broken above the inflection point and the resistance line along the wedge, we are likely to perform well after the pullback.🔥 ⚠️Note that if our long defensive point is broken, we will...

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🧠As I mentioned in my last post, we continue to carry out complex consolidation, and the inflection point has not been broken. We have the opportunity to form an ascending triangle. If this pattern structure is established, then we have the opportunity to continue to challenge the top. 🎯 ⚠️Note that if we fall below the turning point and the support zone below,...

wolf_king888 Updated 

➡️After we rose based on the bottom double bottom structure, all the goals of the small long structure have been achieved, so the current callback is very reasonable. Given that there is still a large bullish structure, we will still be bullish in the big cycle.📈 🧠But for small cycles, we are in a short structure, making a healthy correction, and forming a rising...

wolf_king888 Updated 

🧠We went up from the bottom smiley bullish structure and stopped near $16. In the process of consolidation, a smiley bearish structure was formed. Although there was a period of rise yesterday, it did not destroy the overall bearish structure, so we are likely to continue to fall. ⚠️Note that if we stabilize near the support zone and break above the resistance...

wolf_king888 Updated 

🧠After all our double bottom targets were achieved, we formed a smiley bearish structure above the resistance zone. Yesterday's rise was not strong, and we did not successfully break through the resistance zone. Therefore, we believe that the probability of continuing the decline is greater than the probability of rising, so it is very reasonable to continue to...

wolf_king888 Updated 

🧠With the end of the rally, we have formed a potential smiley bearish structure in the consolidation process, and if this bearish structure holds, there is a high probability that we will reach the buying area. A healthy pullback makes the next rally more explosive. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out...

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🧠It is not difficult to see this falling wedge pattern in the chart, and we have also experienced a full Elliott pulse wave, and we are currently completing the Elliott correction wave, and if our wave C can successfully break through the inflection point, then a new burst is likely to occur. ⚠️Note that if we do not extend this rally and break below the bullish...

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➡️Since the small double bottom long defense and the uptrend support line are broken, it means that the small long structure is broken, and the probability of continuing to challenge the previous high is reduced, so the buy zone here is invalid. 🧠If we can continue to make complexity adjustments, and we end up being squeezed into an ascending triangle without...

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🧠We can see from the chart that we have formed a very standard smiley face bearish structure in the resistance zone, so the probability of us falling is greater than the probability of rising. So we will most likely sweep the liquidity pool below. ⚠️Note that this bearish idea will become invalid if we break out of the resistance zone and continue rising.❌ Let's...

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➡️We went through a long consolidation of 521 days after completing our short target, and eventually we were squeezed into a triangle. 🧠At present, the target zone of our small long structure has been successfully achieved, and it is right in the resistance zone, so there is a need for a pullback. When we pull back to the yellow support zone and stabilize, we...

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➡️After 10 + days of consolidation, we gradually formed a descending wedge pattern (we generally rose according to this model). If we follow the falling wedge model, the ideal double short target may not be fully realized, so we should not be too persistent, the trading market is so changeable, so we should remain flexible, so that we can follow the rhythm of the...

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➡️During a complex consolidation, the probability of a short top structure being established becomes lower and lower. Because the two short defense points here are broken, it means that the two short structure is broken, and there is no intention to continue the short. So I think the probability that the potential double top structure holds has become...

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🧠ETH structure will look clearer, it is clear that the double head short structure, the current short target has not been fully realized, so even if the rise we can not be too optimistic, try to maintain the rally after the short view.📉 ⚠️Note that if our short defense point is breached, it means that the short structure is broken, which means that the...

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➡️Judging from the analysis of the previous article, we chose path 1 to move, but don’t be too optimistic about the rise, because we have a potential double top short structure in the resistance zone, so the resistance we face is very large , so the probability of continued consolidation or correction is greater than the probability of rising above...

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➡️When we were initially strongly bearish, it was because there was an obvious short structure. However, because our short defense point was broken, the short structure was destroyed. The destruction of the short structure does not mean that it will continue to rise. We It is also possible to form a new short structure or continue to consolidate, because we are in...

wolf_king888 Updated 

➡️Although I am very bullish on AAVE's upside potential, we have been stuck here for a long time. Our long positions were wiped out after falling below the uptrend line. Although we did not achieve the expected goal, we Very substantial profits have been locked in above. 🧠Since we have formed a new smiley face short structure during the consolidation here, then...

wolf_king888 Updated 

🧠According to yesterday's analysis, we are still in a double-top short structure. At present, wave A may have been completed, and next we will most likely go to wave B. The expected trajectory is fully in line with expectations, and the view of shorting after the rebound remains unchanged.📉 ⚠️But please note that if our short defensive point is broken, it means...