🔥 Long $BTC Entryzone: Now (88,024$) - 86,800$ TP: 90,320$ - 93,300$ SL: 85,696$
✍️$BTC The plan at this H4 rhythm is to hold the range from 87,000$ to 86,000$ to advance and fill the liquidity gap in the range of 93,000$ to 94,000$. Conversely, if we lose this range, we will face lower price levels.
🕹️I live a bit hastily, so I entered now and will DCA down. If you also want to trade, please trade with a small volume because the trend on the higher time frame is still not clear currently in a fairly boring trading range.
Rules for drawing trendlines: 1 must touch as many points as possible - 2 must connect 2 peaks - the first of the candle. Not the first head at the peak - the star connects the body of the candle
$DASH is moving sideways in the support zone of the blue rectangle, the model has also broken out of the downtrend in the 4-hour frame, further confirming that there is confluence at Fibonacci 0.618. In my opinion, it will increase in the next few hours.
Let's go, my friend. Otherwise, if you don't hold onto your losses, you'll keep losing like this, BTC 🥲🥲 Damn, everyone is holding onto big losses while taking small profits, isn't that frustrating?
[Updated at 16:30 on 05/12/2024] SOL: As mentioned in the previous technical analysis (02/12/2024) - the price has reached the support range of 214 - 216 and found support at 214 - 215. With the RSI on the DAILY and WEEKLY timeframe still having quite a bit of "ROOM" to surpass the Overbought level - The second wave of SOL could push the price up to 300u and this price range will become a psychological resistance for SOL. Acceptable stop loss for LONG position: <217. $SOL #Write2Win #trend
[Updated at 13:30 on 04/12/2024] BTC The price is being held steadily above the Support line. Additionally, the price has touched Resistance multiple times within a short period (4 times/8 days) => the possibility of breaking through Resistance may occur => This is a common price behavior in terms of Technical Analysis. To continue the upward momentum, BTC needs to create a High-Low pattern on the 4-hour chart to have a reasonable bounce. Target price: 110000 #BTC☀ #write2win #ptkt #chart $BTC
Sol - regarding Technical Analysis - the bears are controlling the market - with all short-term indicators on the 4h frame (ma 12 and ma 26v) and long-term indicator (ma 50 -) all above the price - The nearest support for Sol is considered: 214 - 216 matching with ma200 daily #sol #solusdt #Write2Win