Algorca

YFIBTC - Upcoming scenarios

Pembelian
Algorca Diupdate   
BINANCE:YFIBTC   YFI / Bitcoin
Defi zones recovery did not take long.
If we want to be optimistic, the current decline is a correction of the previous uptrend and not the other way around!
With this assumption, our entry point will be in these areas.
On this pair..There are two good points to entry long position.. 1.4 and 1.3
  • At 1.4 we have static support from the past of Market and fibo 61%. also a positive divergence on 15min frame.
  • At 1.3 we have static support from the past of Market, fibo78% and 261% of this downside movements.

No significant reversal patterns have been seen yet
I think it is not unlikely to reach the second point
if you are going to long this, I suggest you plan so that you are not surprised!

If the uptrend starts from the first point, it indicates more power and we can expect growth up to 161%.
If the origin of the uptrend is from the second point, 127% is a more reliable price target.

If the situation becomes unfavorable due to BTC behavior and support be broken, there is a strong potential for us to reach to round number 1!

Trade aktif:
1st point touched.
Trade aktif:
We also got very close to the 2nd goal and we can say that we reached it.
The pivot is formed and the ascent seems to have begun.
Trade aktif:
Trade aktif:
Trade aktif:
An ascending channel created
Trading ditutup secara manual:
Trendline has been broken
I want to close my position with small profit since it seems we will test lower levels..
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.