Can someone give me feedback on the potential play out leading into next week. Do you see the price rebounding to 232 and selling down to finish out the chart pattern?
Here on Audusd price has form a supply around level of 0.62985 which is likely to continue going down so trader should go for short with expect profit target of 0.62234 and 0.61703 . Use money Managment
We are currently seeing a re-distribution schematic play out on Gold ahead of its sell off. Re-distribution schematics normally take place in between Wave 3 high, Wave 4 low & Wave 5 high. This sell off schematic normally builds up within a 'Flat Correction' channel which traps in early sellers and lead buyers. This is why it is a hard pattern to recognise.
According to my Dinosaur strategy, we can see resistance at the dinosaur's head. It's time to hold your CASH, PEOPLE! GET YOUR CASH READY AND PUT YOUR SEATBELTS ON!
Remember Cardano last year? Remember how Cardano became weak during the second part of 2024 and continued to be weak for so long? How did it all end? It ended with a very strong bullish wave. After the bearish phase, Cardano ended up being one of the strongest moving pairs. The same can happen in this upcoming cycle with POLUSDT. The following is also true for Notcoin (NOT). The lower it goes, the stronger it grows when the time is right. This pair right now is bleeding massively but this shouldn't be a cause for concern. The market moves in cycles and within these cycles we have waves. A bearish wave is followed by a bullish wave. A bullish wave is followed by a bearish wave. The positive side of a bearish phase is the fact that you can't have a forever down-wave. If it is bearish now, it will turn bullish next. The last peak was hit in early December 2024, more than two months ago. A Cryptocurrency trading pair, within a bull-market year, can go bearish for 2-3 months, not more. This means that POLUSDT is getting very close to producing a reversal, very close to a change of trend. The market has been going down. We saw some bullish action but this action wasn't a bullish trend. It was simply a "bounce" within the broader decline, here starting March 2024. The great news is that the next rise won't be a bump, it will be an uptrend and an uptrend produces higher highs and higher lows. We are set to experience long-term growth. Right now it might be hard, but patience is key. The market can be red, shy and weak now, but everything will change within weeks. Believe it or not, the time to buy is now. We are in the accumulation phase. When the first move starts, it will be too late for low prices; there will be opportunities to enter and to enjoy massive growth. But only those with a vision can buy and accumulate when prices are low. It will be a life changing bull-market. It will be the biggest bull-market in the history of the Altcoins. Bitcoin will be really strong but standard. The Altcoins will blow-UP. Namaste.
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Big bullish divergence is brewing on MATIC. We should see a big move in April - June
I expect the price to reverse from here, if USDT.D and other major charts are at the key levels! Although the SL is very tight (3. something % away) i put here a LO. If this level will be taken, then iI believe it will be taken with a wick! If i will get stoped out, i will reenter with MO in the region of daily FVG @257ish! I suggest everyone just ignore this idea and don\t take the trade, since im experimenting with entries :)
CRYPTOCAP:LINK inside the Golden Pocket on the Daily chart, while simultaneously breaking down from the Head & Shoulders pattern in its Bitcoin pairing. That’s exactly why I called this G-Pocket potentially the most poisonous one I’ve seen in a while. Also, a perfect example of why I always double-check with these crypto/ CRYPTOCAP:BTC charts. Even if, in this particular case, I miss a chance to open a position on an asset I fundamentally like, this approach will always be a part of my strategy. Saved my skin so many times. ?? PS. I publish my stuff regularly on Binance SQUARE, more images are allowed there, and no cap on a number of posts/updates, unlike here. With this post, I have included also the $LINK/ CRYPTOCAP:BTC chart that I talk about. BINANCE post LINK: https://tinyurl.com/mr2fuudu