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$STX/USDT 1W ANALYSIS
🔼AMD Setup
SPOT
➡️Entry: 0.22181 to 0.16571
✨Resistance zone (Targets):
One: 0.3358
Two: 0.5681
Three: 1.0782
🔴 Invalidation level : 0.10206
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$Pump/USDT
LONG
Leverage: 25X
Entry: Market
DCA: 0.004200
Target:
1)0.004500
2)0.004900
3)0.005100
Allocate a maximum of 2% risk to this trade ‼️
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$NMR/USDT | 4H
🗺 Market Situation
The recent bullish movements in market has also pushed NMR above its descending trendline.
However, the ranging activity is hinting us that the initial move (wave a) might have come to an end.
🕯 Outlook
A pullback to lower support levels (wave (b)) can be a good chance for new buyers to step in and ride price to higher levels to finish wave (c).
⚠️ Key Level
If price goes up right from here or goes down too deep from highlighted key zone, then this pattern has changed.
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$BTC/USDT | 4H |
🗺 Market Situation
BTC broke out from the bottom levels with a strong bullish movement mid August and it is expected to play between higher support and resistant zones.
🕯 Outlook
The expectation is for price to form a pattern to play between a strong resistant and support zone. Maybe something similar to a triangle pattern to finish wave (b).
⚠️ Key Level
The quality of reaction to the lower support level will tell us how the next pattern will start. Once wave (a) finishes, we will move step by step to check each leg.
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$ETHFI/USDT | 2H |
🗺 Setup
Here is one of Ethereum's children which seems to have lost the support of its ascending trendline in lower timeframes and in need of a pullback.
🏹 Plan
We are waiting for a Retest of a Support Zone (STs) to gather enough strength to challenge higher resistant zones again.
⚠️ Risk
Pay attention to both top and bottom of the box carefully. If none of them holds the price and price goes too deep, then this insight is invalidated.
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$SPCX/USDT | 4H |
🗺 Market Situation
An initial bullish move with a proper pullback to the broken descending trendline seems to have started a new ascending abc pattern.
🕯 Outlook
With first leg already finished, price has not turned into a ranging activity instead of losing momentum which resembles a reaccumulation phase that CAN follow with one more bullish similar push.
⚠️ Key Level
The highlighted zone is where we expect the reaccumulation phase to finally finish and new leg begin. If this zone does not hold price properly and is fully lost, the pattern has failed.
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$DYDX/USDT | 8H |
🗺 Market Situation
A nice breakout from the descending trendline has started a new bullish pattern.
🕯 Outlook
If price wants to continue on this new move, buyers need to push price up to higher levels; specially above the previous high.
⚠️ Key Level
As long as price has not cleared above gray zone, the pattern is on hold. Once we get confirmation, then the box CAN be considered as a buy zone with possibility of pullback even to the bottom.
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$BNB/USDT | 12H |
🗺 Market Situation
Binance Coin is at the verge of finishing a Wyckoff pattern only if CZ CAN keep showing Signs of Strength (SOS).
🕯 Outlook
If momentum maintains, buyers will try to reclaim $750, $830 and $900 levels step by step.
⚠️ Key Level
The key to the final leg of such pattern is buyers maintaining strength. So price should pullback too deep. So keep an eye to the highlighted gray zone and have a risk control plan if pattern fails.
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$HYPE/USDT | 1D UPDATE |
🗺 Market Situation
Price has delivered up to almost 50% growth since our last insight and right now it is midway to finish wave (G).
📈Outlook
Price is still strong so opening short pisitions blindly would be reckless as wave (G) CAN extend all the way up to the top of the box as well.
⚠️Key Level
We got a couple of levels to watch.
First we got to pinpoint the end of wave (G) on the diametric pattern. The triggers and confirmations there are important.
Second the key level at lower support level is important. We will update this insight once we get there.
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@BullTheoryio This could be a big deal. If Pakistan can help get Iran and the US back to the table, it could have major implications for the region and energy markets.
Definitely worth watching. 👀
$ATH/USDT | 12H |
🗺Market Situation
Here is one more Wyckoff pattern, just about to finish the final leg by showing Signs on Strength (SOS).
🕯Outlook
Up to 3 levels CAN be unlocked if buyers actually show real Signs of Strength.
⚠️Key Level
For SOS to work, price should break above the highlighted zone first and then cannot go too deep under it once it starts its movement.
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$AVAX/USDT
LONG
Leverage: 35X
Entry: 7.6990 - 7.4500
Target:
1)7.7680
2)7.8450
3)7.9200
4)8.0000
5)8.0800
6)8.1614
Stoploss: 7.3500
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$XRP/USDT | 3D UPDATE |
🗺 Market Situation
Spring (S) move is finally over inside our support zone and our Wyckoff analysis is beautifully pushing price out of the highlighted wedge for higher levels.
🕯 Outlook
With such strong impulsive move, it is time for price to show Signs of Strength (SOS). And that's where we wait to unload our bags.
⚠️ Key Level
The orange circle is the first critical resistant zone where buyers need to overcome. If you are anxious about your risk, you CAN book partials, otherwise, we need to wait and see whether buyers will succeed in pushing price up to main level or fail.
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