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Crypto JK
Bullish
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Watching closely on $MTL H6 for potential EMA GX. 👀
Watching closely on
$MTL
H6 for potential EMA GX. 👀
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$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 • $1.3002
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$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 • $0.5729
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$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 • $0.6296
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📉$W dumped from 0.76 to 0.695 (-8.55%)
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Total Crypto Market 24H Liquidation: 🔴LONGS: $36.78M 🟢SHORTS: $54.80M A total of 37,499 traders got liquidated, resulting in total liquidations amounting to $91.36M. Notably, the largest single liquidation order, valued at $1.02M, occurred on OKX for $ETH-USDT-SWAP.
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