In this BakerySwap Idea, We will talk about a potential move to the upside by around 50% We are at "All Time Lows" but despite being at ATL we haven't really seen a huge movement to the downside as how "All Time Highs" move. Main reason could be because DeFi Market is in the support area and Bitcoin is trying to push higher to $35K Entry - 0.08-0.09 Exit...
Shiba Inu with a 100% gain since the low of December 2022. I'm just always in awe every time the chart is clear and trading really becomes easier when everything is aligned with your setup. You can see in this chart the beauty of grabbing liquidity or the demand area and creating those Higher Highs, and Higher Lows. I apply this trading concept strategy of...
In this chart you will see that in the H4 We're entering a period of consolidation in the nearest resistance. It's either we're going for a deep pullback since the Relative Strength Index is just way too extended and there's a divergence. However, I am still expecting another high going to be formed as we are still in a bullish trend. I have been trading...
In this weekly timeframe chart you will see that nearest resistance is at $28 and the major resistance I would say is at $38. The bullishness of the reversal made SOL one of the most volatile crypto since the beginning of January 2023. This speaks volume as it tries to reverse and re-test previous broken levels and supply zones. I am long til it reaches...
In this chart, We have identified the nearest demand to be at $569B. We are also approaching a key level where we previously broke through it and we haven't tested it yet at $692B where we might potentially see some buying pressure as well. But, ideally, price tends to get to supply/demand zones. In this case, we are nearing a demand zone at $569B which...
Trade Recap: 5 Trades 4 Long Trades 1 Short Trade Here in the M15 Chart of Filecoin after a strong selling pressure yesterday we found ourselves in an area of value or a buy side liquidity where a lot of potential buyers did come in and push the price higher increasing buying pressure. As you can see here: You can identify the buying pressure or buy side...
In this chart, you will see a bear flag and the build up near the lows of the support of the bearish flag leading to the break of the trendline support. First trade is 3 hours and 30 minutes Second trade is 15 minutes Breakdown: First trade is the strong selling momentum to the downside and afterwards we identify in the M15 chart the supply where it kind of...
In this Monthly Timeframe of BINANCE:BNBUSDT It is clear that there is no demand seen and can be a freefall going to $40-$35 price. Along with the FUD (Fear, Uncertainty, and Doubt) that is going on around Binance and CZ... This could materialize. Time will tell.