It's a classic move in market manipulation to shake out long

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Crypto JK

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It's a classic move in market manipulation to shake out longs and lure inexperienced traders into shorting. Avoid getting caught in the trap; my macro outlook remains bullish.

It's a classic move in market manipulation to shake out longs and lure inexperienced traders into shorting.
Avoid getting caught in the trap; my macro outlook remains bullish.

قام 0 أشخاص بتقديم مُكافأة شكر لمُنشِئ المُحتوى.

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. وهذه ليست نصيحةً مالية. اطلع على الشروط والأحكام.

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أنشِئ حسابًا الآن للتمتّع بفرصةٍ لكسب 100 USDT من المُكافآت!

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Crypto JK

@therealcryptojk

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$FRONT top 1 gainer in #Binance perpetuals as of the posting 😎 #Frontier

$FRONT H12 Bullish Idea Update • Made an enormous pump as much as +39.65% yesterday. • Market making a test on its 50% key resistance trendline. A successful break would mitigate the Be-OB and send market to retest the VAH. • Market trading above a recently changed bullish NT, and is also above H12 EMA200. • EMAs curving up, GX imminent. • TFO just on the verge on entering overbought zone; still has more room for an upward push. • The 127% and 162% extended Fib levels are a likely target whenever market makes a successful breakout and retest of the VAH. Key break points to WOF: • $1.2053 • $1.2689 • $1.3002 • $1.6146 • $2.1559

$FRONT D1 Bullish Idea • Market hovering just slightly above POC and bullish NT, making a good bounce at its 38% key support trendline from its recent downside of -27.09%. • Trading above EMA200 valued at $0.6258 as of this posting. • Was unable to enter its 38% Fib level, but seems to have retested successfully reentering the 24% Fib level. • When bullish momentum copes up and has market trading above both EMA, GX imminent. • Predicting a strong upward push towards the Fib golden zone. • TFO has been consolidating in the median; reversal could be looming. Key break points to WOF: • $0.8839 • $0.9359 • $1.0774 • $1.3002

$W D1 Potential Bullish Gartley Formation • Zooming out on #Wormhole's daily chart, I see further fall from the coin once its D1 candle closes below the VAH or even the POC. • Possible bullish gartley harmonic pattern formation with D-leg completion on 79% Fib level touch. • Market trading deeply below a bullish NT; bearish change impending. • Market has fallen back to its key support trendlines, notably the 25% and 38% from its recent rejection from its recent HH @ $0.7776. A test on the 50% support is imminent. • When POC gets broken, expecting an entry on the 38% Fib level then a slight correction before entering the Fib golden zone. • TFO just slightly above the median and exhibiting a slight curve downward teasing a potential bearish crossover once there is more selling pressure. Key break points to WOF: • $0.6479 • $0.6302 • $0.5915 • $0.5729

$W H1 Potential Bullish Shark Formation • Previous TA has been respected and now we see #Wormhole trading below its M15 & M30 EMA200, indicating bearish zone entry on the lower frames. • Possible bullish shark harmonic pattern formation with D-leg completion on 79% Fib level touch. • Market still testing strength of H1 EMA200, but a break of it, and so with its 62% key support trendline and VAL could send price further down for an entry to the Fib's golden zone. • Watching closely at TFO, anticipating a small correction upward as it is already in extremely oversold zone. Key break points to WOF: • $0.6686 • $0.6459 • $0.6302 • $0.6296

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