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👉NEW SIGNAL👈
—————————
Pair: BAL/USDT
Side: LONG
—————————
Entry zone: 3.841-4.05
Target 1 4.292
Target 2 4.459
Target 3 4.626
Target 4 4.867
Target 5 5.250
Target 6 5.565
Target 7 6.029
Stop loss: 3.34
Risk/Reward Ratio 4.4: 1
Allocated risk : 2%
🪙 GFT/USDT
(Short)
Cross (12.5X)
Entry Targets:
0.02485
🎯 TP:
1) 0.02460
2) 0.02435
3) 0.02410
4) 0.02386
5) 0.02361
6) 0.02336
7) To the moon 🌖
⛔️ SL:
0.02734
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BTC: One more high in yellow wave 5 should take the price to $76,460 approximately, but I will assume that white wave b has topped if the price breaks below micro support at $64,364.
Читать полностью…🪙 DRIFT/USDT
(Short)
Cross (25X)
Entry Targets:
0.6595
🎯 TP:
1) 0.65291
2) 0.64631
3) 0.63972
4) 0.63312
5) 0.62653
6) 0.61993
7) To the moon 🌖
⛔️ SL:
0.72545
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ALGO: I am still watching for further upside as long as the $0.116 support level is holding. The first target for the bulls is to break above $0.277 resistance.
Читать полностью…👉NEW SIGNAL👈
—————————
Pair: WAXP/USDT
Side: LONG
—————————
Entry zone: 6239-6399
Target 1 6523
Target 2 6638
Target 3 6748
Target 4 6960
Target 5 7163
Target 6 7467
Target 7 7701
Stop loss: 5733
Risk/Reward Ratio 2.9: 1
Allocated risk : 2%
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GALA: The price is extending the triangle structure and the yellow triangle looks technically complete. A break above the green line at $0.05, which can be considered a breakout point, would indicate that the price is trying to form a diagonal pattern as per the white, directly bullish scenario.
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GALA: It is possible that the triangle pattern we have been tracking completed with yesterday´s high, but it takes a break below $0.0385 to confirm this further. So far the price has not generated enough downside momentum to confirm this fully, and it usually takes a break of the (B)-wave low to confirm a triangle breakout to the downside. The white scenario shows how a diagonal pattern to the upside would look like, but at the moment the price does not show enough upside momentum for me to clearly favor this.
Читать полностью…BTC: The price broke below the initial signal support level to indicate that wave (B) has begun. So far this is unfolding nicely. If the price can hold $67,200 then $76,400 should be next. But first wave (B) needs to unfold. Standard resistance is defined between $69,835 and $70,281.
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Читать полностью…BTC: The price has not yet reached the 1.618 extension level and I actually slightly prefer that today´s move to the upside is still part of wave 3.
Читать полностью…ADA: Still no clear indication or confirmation that a low has formed in wave 2. A break above $0.522 is still needed to increase probabilities for the upside leading diagonal scenario as shown in orange.
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ETH: The price has reached the next upside fibonacci level at $3,843 and there is no sign of a top in place. Earlier today I noted that the price could be working on a small bullish flag and the upside move did not look finished yet. Since then the price moved up a bit further and can continue to do so until support breaks. I have readjusted the support region in line with this and support for wave 4 is now $3,176.
Читать полностью…🪙 GMT/USDT
Exchanges: Binance Futures, Kucoin Futures, OKX Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Cross (10X)
Entry Targets:
0.234
🎯 TP:
1) 0.26
2) 0.31
3) 0.34
4) 0.37
5) 0.425
6) 0.47
⛔️Stop Targets:
0.2
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🔥Healthier market mechanics signal that XRP is ready for lift-off🔥
XRP coils like a spring, pressed against converging technical resistance levels that threaten to unleash an explosive move.
The key $0.52 horizontal level combines forces with a descending downtrend line to form a formidable barrier keeping XRP contained below.
However, underneath the lid, market mechanics have transformed to favour the bulls.
TLDR
1- XRP is battling the downtrend line and horizontal resistance at $0.52.
2- Market mechanics much improved - lower open interest and neutral funding.
3- But funding rates are now picking up as longer-term players go long.
A technical break above $0.52 could open the door for a rally to $1.67.
In terms of mechanics, it’s an interesting and different setup from what we usually see.
The open interest dropped from $868M a few weeks ago to $628M today. This is now back to healthier levels. XRP needed a flushing of its open interest, and despite it being a slow bleed, we’ve got the movement lower.
The OI-weighted funding rate had reset to neutral levels around the 0.01% mark. However, we’ve seen it pick up quite significantly in the past few hours.
The long/short Ratio is at 0.9354, indicating a bias among participants over the past 24 hours to go short rather than long. However, with the funding rate moving increasingly positive, we’re likely seeing bigger players long here while retail is short.
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ADA: This is the perfect area to start wave (5) to the downside from and to complete wave E of (4). However, there is no strong sign that this is the case and a break above initial resistance at $0.479 would indicate that the triangle scenario reduces in probability. Instead, a break above resistance would shift the focus to the directly bullish scenarios. Either way, I see the current correction as wave 2, and the price should reverse to the upside before a break below $0.29 occurs.
Читать полностью…LINK: Similar to what we observe on other charts, the short-term bearish triangle in white can be considered complete, but it takes a downside breakout to confirm it. All scenarios are still possible. The reaction to the micro support zone keeps the directly bullish scenarios alive, but this upside reaction can also be explained with the white scenario, as the chart shows. The price still holds above the micro support area, and from here, a rally in yellow wave B is possible. However, it takes a break above $15.15 to confirm this.
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XRP: The price is still moving in the orange support region, which has not changed in many months. The yellow scenario shows how 5 waves to the upside would look like, which would be our earliest signal that a low has formed. However, it rather looks as if the price plans to extend this correction. There are many scenarios that could unfold from here and I assume that wave (B) is either still unfolding or wave (C) in the white scenario has already started, but it takes a break below $0.427 to confirm that wave (C) is unfolding already.
Читать полностью…