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TPs are usually resistance areas and so that is usually where I take my profits. I look into the larger timeframes such as weekly/monthly so I can determine the importance of my TP areas
The chart looks extremely impressive and we might see an explosion. Unfortunately, you need to consider that this is all dependent on BTC performance. If BTC doesnt do well, alts...
Huge Cup & Handle on the daily on the Monthly and Weekly chart.
A doji candle presented for the month of November which shows that december is a solid green month for COS
I will be taking profits at the first TP2 at around 0.06 because im quite positive that we will break the neckline of 0.04
This has been beaten down so much and due to that I expect a rally to start and continue throughout Q1 2022
TP1 is the top of the trendline at 38$
TP2 is at 80$
TP3 is at 250$
A tight stop loss below the wedge at 20$
This is the futures contract pairing on HOT/USDT
R1 as you can see at roughly 0.008 (50% profit) and R2 (170% profit) which is at 0.014
The overall weekly chart is printing a descending triangle which could result in a bullish breakout. The stop loss position for this should be maintained at 0.004 because that means the bullish pattern is invalidated and there is...
This is futures contract trading YFII pair. I am leveraging this trade. Targets as shown. You can choose to wait for BTC bull continuation or wait on the sidelines before you get into alts.
assess the markets on each profit target area.
Use your risk management plan and stick to it, whether it was 1-3% stop loss or whatever you are comfortable with. This can...
Dont know what this coin does and i dont care either, but its forming the most perfect text book cup and candle. If BTC decides to go up in the next coming days/weeks, this coin will explode up to ATH. I will enter ONLY with confirmation from BTC that we are going up. remember the alts market is dominated heavily by BTC movements.
On lower time frames (4-12 hr) we are consolidating.
On Weekly timeframe (1W) this has more bullish drive. I am swing trading this.
These coins could drop significantly if BTC decides to go on a bull run which comes to me as no surprise.
Just always be ready to watch out for BTC moves whilst your alts are doing its thing
Potential target is another approx. 50%...
One of my fave Defi projects
Targets as suggested. remember resistance turns into support, buy at support to re-enter. On the Weekly / Monthly chart this is very strong, longer time frame charts gives you more clarity and more assurance that your coin will do better than looking into smaller timeframes. Longer time frames determine how the shorter timeframes do...
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From TA perspective, monthly chart is in a equilibrium pattern which means when bigger timeframes decide to break we could get the next few months of just upward movement. I wont be surprised if we get to see this...
I am really hoping we could go lower so I can long heavily. time will only tell, bitcoin shows weakness so we might see still more downside to go. we are forming lower highs in every bounce relief so my bias is for the downside. how low can we really go? well it only depends on BTC since its leading the market but I have some of my personal analysis that I am...
Honestly, I wont be surprised if we do see those lows again especially with how the traditional markets are behaving bearishly. We have news of second lockdown happening. Sometimes its just good to ignore all the EMAs, SMAs and the resistance and support lines on smaller timeframes and just look out for the bigger picture. The StochRSI on bigger time frames...
This is my probable analysis. You may disagree and suggest that we are in a bull market. anything above 3-6k in BTC is still considered bull market to some but I rather play safe than sorry. I will await monthly confirmation as I do believe ETH still has more downside to go along with BTC.
Remember if we get a second lockdown many will sell due to fear and then...