WE MADE THIS VERY INTRIGUING PROFIT FROM THESE TRADING SETUPS!
THIS IS WHAT HAPPENED AFTER WE TOOK THIS $STX TRADE!
At 1.32, STX is still recovering from its extreme demand zone. resulting in a 19.30% rise. However, at 1.435, we made a riskier long trade than normal. After taking 20% of our entries, we were still able to witness a 9.62% gain and are currently at breakeven. As of right moment, we continue to anticipate that this cryptocurrency will confidently retrace over 1.8. In case this situation isn't feasible. As seen in our chart, we have prepared a few limit orders below. We will view the critical levels below this as the next levels that have a high probability of successfully diverging on to the higher levels in the event that divergence fails.
$AVAX DEMAND AND SUPPLY ZONE: A 19.71% INCREASE IN TOTAL!
AVAX has fluctuated steadily between its supply and demand zones, with supply at 24.70–27.78 and demand at 19.42–20.46. We have observed a 19.71% increase from last week to this week between these levels. This situation has been used by traders who have identified the potential range market structure of AVAX before a significant movement occurs. AVAX is currently dealing with a significant number of selloffs that are occurring close below the supply zone that we have indicated. However, once sellers see this as a potentially excellent position for their orders, further confirmation ought to surface. It would be prudent to wait patiently for the next price movement to occur before committing to any positions.
$AXS IS STILL MAJORLY SUPPORTING IT!
One of the pillars of the AXS price hold was the final demand zone point, which was at 3.90. Despite being extensively tested, it became clear that this major support had an extremely high volume of buy orders. At the moment, ENS has gained 11.53% from its retest on September 6 of this year. It would therefore be wise to watch for any potential pullbacks before committing to long bets on this cryptocurrency. Instead of taking a short position on a token that is probably going to bounce.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.