Low Risk Crypto Shortsetup using Harmonic patterns
Keep it simple. Using Harmonic patterns.
The chart speaks for itself, a beautiful AB=CD pattern with the D mark at 638.575B, the zone between that D mark and the 632.919B mark is a very Low Risk Crypto Shortsetup. You can also see the rejections of the price above the 632.919B mark in the past. If you put in scaled orders for going short in that zone you should be just fine.
๐ผ ๐ก๐๐ ๐ ๐๐ฃ๐ follow ๐ฌ๐ค๐ช๐ก๐ ๐๐ ๐๐ฅ๐ฅ๐ง๐๐๐๐๐ฉ๐๐!
Thank you and have a good one
The chart speaks for itself, a beautiful AB=CD pattern with the D mark at 638.575B, the zone between that D mark and the 632.919B mark is a very Low Risk Crypto Shortsetup. You can also see the rejections of the price above the 632.919B mark in the past. If you put in scaled orders for going short in that zone you should be just fine.
๐ผ ๐ก๐๐ ๐ ๐๐ฃ๐ follow ๐ฌ๐ค๐ช๐ก๐ ๐๐ ๐๐ฅ๐ฅ๐ง๐๐๐๐๐ฉ๐๐!
Thank you and have a good one
Nota
As expected we had a very nice move down to the 620.783B mark (roughly 2% down). I do think it's unfortunate that the price didn't come in the box, if it had it would cause more liquidity. Anyway the 632.919B mark still was a good point for a 2% move!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.