The entry point at approximately $0.36550 is in an area of inefficiency which has confluence with the 78.6% fib level and 80% Gann large volume candle on the H4 timeframe. This level is also at 50% of the inefficiency and there is potential for a harmonic shark pattern to develop. Be aware of the potential for price to dip to $0.29560 with harmonic Shark Pattern Development.
Dagangan aktif
Price action has moved the market to our entry point and harmonic pattern has played out.
Nota
Note on the comment of "Be aware of the potential for price to dip to $0.29560." Price has wicked to $0.29828 thus far.Nota
...maybe a potential spike to the $0.46 - $0.51 range during the Department of Justice announcement of the International Cryptocurrency Enforcement Action?Nota
Continuing to progress toward the target. If you are in this trade and you aren't hodling, a move to SL is wise at this point.Dagangan aktif
Target Reached at $0.46 and approaching the next target at $0.51.
Nota
Target at $0.51 reached. Next major upside target is $0.91.
Dagangan ditutup: sasaran tercapai
Our upside target of $0.91 was reached! This trade analysis idea was established back in October, 2022. Patience Pays!
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.