meetmoneypenny

meetmoneypenny

Hi traders, Here's my view on $BTC Bitcoin is approaching an unmitigated OB and last imbalance, this imbalance is common on 30m & 1h, (44560) and on 15 m chart, another imbalance is there which might retrace till 50% of the 1h OB () For entry avoid getting in at 44560 , let it grab liquidity first and short on the mitigation of the levels SL above OB & start...

meetmoneypenny Updated 

Have a glance at the above chart. We see AVAX has been following a rising wedge kinda pattern and according to fibonacci retracements & Fib Time we have 190 on the table. Also pay attention to the bounce that might happen according to the rising wedge, we also see a hidden bullish divergence Hold your bags! DYOR 💎🤝

meetmoneypenny Updated 

Hi traders, pl. refer to the above chart for knowing how Elliott Wave Correction Theory is currently forming up on DYDX. Some pointers- * DYDX has stopped forming new lows rather forming equivalent lows which shows end of an impulse downside move. * We see huge volume expansion showing the interest of people * We see RSI bullish exaggerated divergence meaning the...

meetmoneypenny

Hi Traders & Hodlers, here is my analysis for Axie, pls refer to the above chart. Hold your bags 🚀🚀💎💎

meetmoneypenny

For predicting the final year end targets we used the simple ascending channel pattern according to which bitcoin will be around 78k entending the current trendlines and fibonacci extension also shows 1.618 at 80k so we have 80k on the table 🚀 HODL & Comment your views

meetmoneypenny

Pls read the above chart and try to understand each scenario and then correlate it with current scenario 👆 Cannot be explained into words so I took out time to allocate everything on the chart. I welcome your views.

meetmoneypenny

Bitcoin projected targets are 80k as per both of my theories:- 1st THEORY- FLAG & POLE - Widely used Flag Pole is basically plotted to guess further targets when an asset is at ATH . Bitcoin went into consolidation and formed a slant flag after a huge rally, here the rally is considered as a pole. So we just draw a trendline from the bottom to the top of the rally...

meetmoneypenny Updated 

Bitcoin is right now at a crucial level. Likely to go in consolidation for the next few days. If it sustains 42k to 44k zone (retests) then we can see a good rally. It may go to 52k soon and retest at 52k levels for a strong bull run towards 65k . However if it breaks the current level and fails to sustain then we may see a dump to 40k levels. Keep a watch as It...

meetmoneypenny Updated 

Keep FOR (Fortube) in your watchlist. Buy on breakout of the descending triangle with good volume at POC (Point of Control levels) that is the price level for the time period with the highest traded volume that has utmost importance here so when that zone breaks with good volume we need to take an entry. This is high risk trade and so are the profits. Here we can...

meetmoneypenny Updated 

Bullish RSI divergence can be seen in the above chart alongside a consolidation followed by a breakout with a huge volume and then a retest. It is on its major support, take entry when it forms a bullish candle just for the sake of confirmation. Enter with a stop loss on the 20 EMA support and this setup shall work. Since RSI is one of the most reliable indicators...