ETH is the first crypto across the board to reach equal legs correction. Buy Limit @ 2360 SL @ 2185 T1 @ 2480 T2 @ 2975 Risk 2%
BTC 3 waves back buyng attempt. Open @ 43700 SL @ 41400 TP1 @ 45240 TP2 @ 50425 Risk 1% If it will devep 5 waves and stop us out we will be buyers again lower. Trend is UP until its not
This week may be remembered as the BTC ETF week. Regardless of the outcome, we don't want to miss the opportunity to place another swing trade in AVAX. As mentioned here and the highlited area should provide at least a bounce to the 37.40s. Our trade plan is to take a partial profit at that area, create a risk-free position, and let the market play its path....
AVAX developed a 5 wave impulsive rally from the October '23 lows. Wave 3 extended to the 161.8% Fibonacci extension of wave 1-2, Wave 4 retracing into the 23.6-38.2% Fibonacci retracement of wave 3, Wave 5 extending into the 123.6-161.8% inverse Fibonacci extension of wave 4. We are now in a correction and may revisit two important overlapping areas: 1) the...
If the retracement's structure does not change we can see 36-29 area where we will be buyers again. Swing trade opportunity.
Avax is correcting the cicle from the lows and we are approaching 50% 61.8% fibo retracement as well as the 100% fibo extension of ABC correction. We are going to take a position for a swing trade into new ATH
BTC long at 44281. Looking to jump in wave 5 SL 43420 TP1 44860 TP2 46270 Risk 1%
BTC appears impulsive from the 41,300 lows, and we want to trade what could be wave 5. Entering at the 100% Fibonacci extension of the 3 legs lower.
ETH (As well as BTC) failed to breake higher and a double correction into 2060's is still a possible scenario. If this happens we will buy the dips. Levels on the chart.
Looking for another push higher Open @ 45.05 SL @ 42.50 TP1 @ 47.00 TP2 @ 51.00
Avax long idea at 46.00 for another push higher Limit @ 46.00 SL @ 43.50 TP1 @ 47.50 TP2 @ 51
SOL move down from 118 looks corrective. Looking for another push higher. Limit @ 106.40 SL @ 99.00 TP1 @ 111.40 TP2 @ 121.00
SOL doing a 3 waves retracement from 79.51. Looking for continuation higher open 69.00 SL 63.70 TP1 73.36 TP2 82.20
VAX appears to be completing wave 5 from the lows. Wave 5 has already reached its minimum extension (inverse 1.236 of wave 4), but there is still potential for another leg higher before a larger pullback occurs. Move down from 45 still looking corrective. Open @ 40.60 SL @ 38.15 Target 1 @ 42.25 Target 2 @ 48.40
BTC: Expecting continued upward momentum in 2024 towards new ATHs. Interesting buying opportunities will be W4 in yellow and of course W2 in blue if they will happen in 3 waves.
Looks like an ABC. Let see if we can get a bounce from here Open @ 38.60 SL @ 36.60 T1 @ 40.00 T2 @ 44.00
Trying to catch wave 5 here: Open @ 43290 SL @ 42540 T1 @ 43840 T2 @ 44800
Open price @53.75 SL @ 46.50 TP1 @ 57.00 (half position) TP2 @ 67.80 (half position) Risk 1% RR = 1.61