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Crypto JK
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So here we go again $TRB? The risky coin has now woke up.
So here we go again
$TRB
? The risky coin has now woke up.
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$TON H2 Potential Bearish Butterfly Formation • Moving to a higher frame, this is another confluence that I've seen for possibility of its market making upward movement. • Possible bearish butterfly harmonic pattern formation with D-leg completion on 127% extended Fib level touch. • Market has been consolidating and hovering on its VAL, just sticking within the bearish NT. • Pulling a Fib retracement from previous HH to latest local LL, crucial for market to enter the 38% Fib level for a momentum to enter the golden zone and make a POC break. • Market made two perfect separate bounces from its 75% key support trendline. • TFO curving up from the previous fake out it made trying to reenter neutral zone from oversold status. Key break points to WOF: • $6.2686 • $6.3582 • $6.3988 • $6.6832 • $6.8979
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📉$EDU dumped from 1.1300 to 1.0112 (-10.51%)
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$EDU M15 Bearish Shark potentially in play after my previous TA on its M5 frame wherein the bullish cypher made the beautiful touch on my mentioned extended Fib levels. And now the pump has formed this bearish shark pattern which could be respected during the exhaustion of this market. Looking at a touch below the M15 EMA200, so I am keeping my eye on the 127% extended Fib level for now valued at $0.8346. TFO also curving down from extremely overbought zone, so I am predicting for a reversal, although we still need to be cautious as this is still very bullish in macro frames. Right now, I am just risk sniping for a very good swing short entry. In the event one considers to swing a short on this, be mindful of the margin + leverage you will use since the current ff now still favors the longs. My bearish pivot is a trade below $1 again.
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Delish $EDU scalp. If you've known me for quite sometime now, you know I don't do low margin on high leverage 🤑
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