Fet/ USDT a new coin added to binance has deeper to go we are currently in a downward movement but, we are approaching the top of the triangle. I expect a fakeout to the 0.21-0.23 level based on our fractal and resistance levels. then following a bounce down to 0.10 area. I wouldn't buy at 0.10 area right away if we reach there to wait to a breakout after the fall.
Not financial advice trade always with you're own research
Not financial advice trade always with you're own research
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deeper look we have our fractal in black which shows confirmation with our resistance levels of going up near 0.24 IF we break out of the triangle we are in this is a tiny move in a larger movement down. next, we see near the 0.1483 fib level of 1 it failing to hold and going deeper. in our fork based on our fork trend, we will see it touch our baseline(blue section) and a tiny bounce to our midline (red line). Our fib line congruent with this midline 0.1483. and the final rejection off the fib and midline to 1.618 area of 0.10 again i would not buy it at 0.10 if we reach these levels but, wait for the final drop and a break above 0.10 and back into our fork.
(nothing here is set in stone or finical advice just explanation of what our chart currently shows )
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fractal playing out nicely 0.24 is not 100% take profits as we move up 0.10 is still my real target.Note
so the falling beings.Note
fakeout as predicted 0.21-0.22 was our sell range now we wait since no shorting on binance :( happy tradingNote
0.10 still a long target but, expect a fall to this area 0.16 -0.165 to start if the 4 doesn't get us back in our triangle.Note
still, 0.10 insight didn't follow our fractal too clean but, targets are still valid depending on btc expect 1-2 weeks time before looking to rebuy or a heavy drop to 0.9 with a wickNote
hit our goal 50% retrace as expected but, still, expect a possible deeper dip of our next zones to be from 0.0924-0.1046Note
started to ladder buy in last night after our midline bounce from 900-933. WE could see a move to even 0.14 if we get the volume this also coordinates with the 100ema on the 4 hour. we did hit our target of going up to 0.22 then down to 0.10-0.8 area so ill target reach for now but, update our targets as we see supportTrade closed: target reached
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1068—0.618 level acting as resistance atm rsi oversold with possibly bearish movements don’t be against taking some profits hereNote
imo we finished a 5 wave up and will see a down pattern hereTrade closed: target reached
closing for now been playing down waves the past few days. fibs have been playing magically yesterday 3.618 retrace bounced off 0.1530 to today 0.20 I sold at 0.1850 but, ill post a chart once we go sideways for a bit atm it's just up and down pump n dump moves.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.