Price at the moment looks more bullish. we should consider we are moving into downtrend channel in a bigger time charts yet. so if the price could hold the base area at my chart has big chance to break out that channel. at this scenario the closest target is around 2100$ for short term. if price could manage to break up the channel we could consider our main trend changed to bull trend. Enjoy the market
***Follow SEOVEREIGN to receive alerts. **Boosts motivate SEOVEREIGN to analyze more assets. **Our team regularly publishes analysis reports on the cryptocurrency market. ? Asset Overview – Ripple (XRP) ? Target 1: 2.21 ? Target 2: 2.18 While XRP still holds strong long-term bullish potential, our current wave count suggests that the 5th wave has completed (confirmed), indicating a possible entry into a corrective downward phase. ? Supporting this view: The length of the 5th wave is structurally similar to that of the 1st wave, which technically suggests that XRP may now be entering a retracement zone. For futures traders, this could be a good opportunity to consider short-position strategies in anticipation of a short-term decline.
***Follow SEOVEREIGN to receive alerts. **Boosts help SEOVEREIGN analyze more assets. **Our team regularly publishes analysis reports on the cryptocurrency market. Asset Overview – Ethereum (ETH) ? Target 1: 1,820 ? Target 2: 1,787 Ethereum has currently confirmed the 1.13 Bat Pattern, indicating a potential short-term downside move. This may offer an opportunity to consider a short position for futures traders. Of course, from a long-term perspective, we continue to expect upward momentum for Ethereum. However, a short-term technical correction is possible, so please take this into account in your trading decisions. This also serves as a good example for those interested in trading strategies based on harmonic patterns.
***Follow SEOVEREIGN to receive alerts. **Boosts motivate SEOVEREIGN to analyze more assets. **Our team regularly publishes analysis reports on the cryptocurrency market. Short-Term Bearish Scenario for Solana Currently, Solana appears to be forming a 1.13 Bat Pattern, a technical setup that suggests a potential short-term decline. This could present an opportunity for those trading futures to consider a short position strategy. Target 1: 149 Target 2: 145 Be sure to manage your risk properly and set a stop-loss level before entering a trade. Continue monitoring the pattern's validity throughout the setup.
The chart posted was in the forecast written dec 8th 2024 We have now reached my targets of 5669 area I have been buying the dips in calls and made $ I am now 105 % long in the money puts and I do Not see a bottom until july once we break and a second bottom mid oct The market should see a drop of 38 % into july and form a small double bottom in oct at 41 % off the highs . I will move to 125 % long puts on a sell stop at 5300 even the math at 5334 is key Best of trades WAVETIMER
***Follow SEOVEREIGN to receive alerts. **Boosts help SEOVEREIGN analyze more assets. **Our team regularly publishes analysis reports on the cryptocurrency market. ? Short-Term Bitcoin Downside Scenario While we still envision long-term upward potential, we are sharing a short-term bearish outlook based on the 15-minute chart for those engaged in futures trading. A classic Crab Pattern has been identified, which may serve as a helpful reference for those interested in harmonic patterns. Target 1: 95,705 Target 2: 94,650 As long as the pattern remains valid, a correction toward these levels can be considered a natural move. Please exercise caution and manage your risk appropriately when trading.
Let’s see how this turns out. This is not investment advice. Always do your own research!
Jet fuel has already pulled back significantly, which would normally be good for airlines. Not this time. Jet fuel pulling back with airlines signals a recession is on the horizon. Keep an eye on this one. Click boost, follow, and subscribe for more!
OPUSDT Long | Imbalance + Fib Zone Reaction BINANCE:OPUSDT Price tapped into the 0.705–0.716 demand zone with strong confluence: ? Imbalance fill ? 0.618–0.79 Fib zone ? Consolidation above support Entry: 0.734 SL: 0.674 TP1: 0.854 TP2: 0.915 Clean structure. Holding as long as 0.674 holds. #OPUSDT #Altcoins #LongSetup #CryptoTrading #Fibonacci #PriceAction
Based on my recent analysis Bitcoin (BTC) seems to be heading towards a potential selling direction I've identified two key targets to watch out for Make sure to stay updated and manage your trades carefully