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$ETH {future}(ETHUSDT) ETH looks like it is forming an ascending triangle pattern but it has reached resistance and after a significant drop it is better to short 😁
$ETH

ETH looks like it is forming an ascending triangle pattern but it has reached resistance and after a significant drop it is better to short 😁
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coin case : $SOL {future}(SOLUSDT) Lesson 3: this is an example where when a coin experiences a rejection from the resistance area (yellow line). we can enter on lower time frames but we also have to know where the limit of this coin to go up or down. Can this be called a fake out?, no, because it already retested SnR (in this case it retested to the green line). it can't pass SnR so it gets rejected. in this case we can enter in the green line area and take profit in the yellow line area and must know when to take profit. #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA #BinanceTurns7
coin case : $SOL

Lesson 3: this is an example where when a coin experiences a rejection from the resistance area (yellow line). we can enter on lower time frames but we also have to know where the limit of this coin to go up or down.

Can this be called a fake out?, no, because it already retested SnR (in this case it retested to the green line). it can't pass SnR so it gets rejected.

in this case we can enter in the green line area and take profit in the yellow line area and must know when to take profit.

#July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA #BinanceTurns7
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