Market will go down little bit
and SL hit who open position for long then will hit upward movement approx 22.240 - 22.231 and then go down approx 18.580 usdt.
NOTE- all is in USDT pair.
Try long entries when we hit the support (green zone) and wait for confirmation before entering. Analyse the chart, Look at the Fibonacci levels price reversed at 61.8% exactly. We can see the next support was also at the same level.
On 4H as you see after every BOS I marked an POI to captured a good trade. As you see second POI is Mitigate with BIG RED CANDLES. Now it's time for long 1:3 If I booked with loss means if I exit market after touched of SL or price crossed my SL and went DOWN then there is my first POI which I already created.
First HIGH @26.869 with small body and big...
A Rising Wedge is a chart pattern in technical analysis that is formed when price moves in a diagonal upwards trend, with both trendlines converging.
This pattern is considered bearish because it signals a potential reversal of the current uptrend. As the pattern progresses, the price movement becomes more and more confined, which often results in a downward...
Here solana took support from important support and then move upward.
Now after hitting resistance or may it will break just to trap people but you need to wait for another bounce at 14.589 something.
Instead of marginal trading, I will suggest put normal money and wait for 1 year to get 10x returns.
A | B | C | D leg completed as mentioned in the chart. since B leg didn't cross over D leg it will be valid wave count analysis & due to the FTX collapse E leg went crashing down to 8$ mark, we can expect possible pull back from these level and volume also confirms buyers' entry in lower levels in a weak 80% pumped.
GM all
I'm starting a personal daily crypto trading challenge, where I'll be taking leveraged crypto trades on my live account on Binance (Mostly scalping).
Aim of it is to be consistent in trading and see the final results.
All trades will be recorded on Notion with the link to charts that will be uploaded on Tradingview.
Solana Price Action Analysis
The above chart of SOLUSDT laid out a falling wedge pattern.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern...
Are you guys ready for the final breakdown? Its gonna feel the most brutal of all and many final believers will be pushed out.
I know I am speaking in certainties, but I gave it a good chance to show it's bullishness, but it failed.
I have good confidence and reasons to believe that this has a GREAT amount of odds of playing out!
Stay wise, prepare for the...
