shirus0001

SOL/USDT - 4HTF WHAT'S LIKELY: Bullish: If SOL holds above 160.95, we could see a move up to 183.50 (50 EMA) or even 201.25-209.10. Bearish: If SOL falls below 160.95, it could drop further, possibly targeting lower levels. Neutral: Price might stay between 160.95 and 183.50 for a while OPTIMAL STRATEGY: Watch for a bounce at 160.95 for a potential buy, with targets around 183.50 or higher. Be cautious around 201.25-209.10 for possible selling pressure.

LDO is testing the top of the resistance zone. 2 Bearish OB spotted on daily timeframe, which could indicate potential price movement towards them. Target: $4

I expect SOL to break out of a large cup and handle pattern, which usually signals a bullish trend. This pattern shows the price has consolidated, forming a rounded bottom (the cup) and a slight pullback (the handle) before a potential rise. If the breakout happens, my target for SOL is between $380 and $400, which would mean about a 120% gain. I’ll be watching trading volume closely, as higher volume can support the breakout.

SLPUSDT needs to hold the bullish momentum. Price may reach PWH (Previous Weekly High)

$0.420 potential target. Might break the first bearish order block due to presence of liquidity above it

October 21, 2023 - FETUSDT (Fetch.ai) 1-Day Timeframe Analysis Insight : -70% retracement from February 2023 rally. 6 months of consolidation. Potential +140% spot gain from this level+80% gain+111.11% gain

**SOL/USDT LONG** ```Entry: Around (CMP) 24.6581 - 24.6790 Targets: 24.920 - 25.282 - 25.656 - 25.906 Stop Loss: 24.318 Leverage: 20X - 200X Notes: Use only the maximum suggested leverage if you are knowledgeable with Risk Management and only risk 1% of your account. I suggest you to set stop loss to breakeven once a target was hit. Feel free to ask me if you have any questions.```

BCH is bearish below $235 area if a break occurs: This suggests that if the price of BCH falls below $235, it is expected to continue moving downward. The $235 level can be seen as a significant resistance level that needs to be overcome for a bullish trend to emerge. Target aiming for the $300s level based on Fibonacci retracement: In this case, the analysis indicates that if BCH manages to break through the bearish trend and surpass the $250 area, the target for its upward movement would be in the $300s range. Major support at $250 - $245 level: A major support level refers to a price level at which a significant number of buyers are expected to enter the market, potentially leading to a price reversal or a slowdown in downward momentum. In this analysis, the $250 - $245 range is identified as a crucial support level for BCH. If the price approaches this range, it might find strong buying interest, potentially influencing a bounce or consolidation. BCH might do a simple thing here: I suggests a straightforward or predictable outcome for BCH based on the identified support levels, potential breakouts, and Fibonacci retracement. This could mean that BCH is expected to follow the expected patterns and price levels without any significant deviations.

At the time of writing, Bitcoin is trading in the range of 27,400 to 27,600. This level suggests a period of consolidation and potential market indecision. However, it is important to note that a bullish order block has been identified at the 17,000 level. This indicates a strong support zone, which could provide a foundation for upward price movement in the future. Furthermore, the stochastic oscillator, a popular momentum indicator, is currently indicating an overdue condition. This implies that the market may have been overbought and could potentially experience a correction in the near term. In my professional opinion, a market correction seems likely based on the available information. However, please remember that market movements are influenced by numerous factors and involve inherent uncertainty. Therefore, it is essential to conduct your own research and exercise caution when making investment decisions. Looking ahead, if Bitcoin undergoes a correction, it could create opportunities for traders and investors to enter the market at more favorable prices. However, it's crucial to note that the potential target price of 100,000 or above, which I anticipate in the coming months or years, is purely speculative and should be treated as such. In addition, recent events such as the Bittrex bankruptcy have not significantly affected Bitcoin's price, which can be viewed as a positive sign of resilience and market stability. However, it is important to stay informed about developments in the cryptocurrency space, as unexpected events can influence market dynamics. Remember, this analysis is based on technical indicators and my own perspective. It is always wise to consider multiple viewpoints and consult with a qualified financial advisor before making any investment decisions.

SHIBUSDT 1D: INSIGHT My analysis suggests that Shiba Inu may experience a downward trend soon. To explain this, I'll first discuss the concepts of premium and discount in trading. An asset is at a premium when its price is trading above its fair value and at a discount when it's below its fair value. Traders take short positions at the top of equilibrium and long positions at the bottom to take advantage of market inefficiencies. Moving on to the reasons for a potential downward trend in Shiba Inu, a bearish symmetrical triangle pattern in the chart suggests a possible downward breakout. Multiple bearish order blocks indicate significant selling pressure in the market. Finally, 3 different strategies, including the bearish symmetrical triangle pattern, bearish order blocks, premium and discount concept, confirm the same bearish bias. In conclusion, my analysis indicates a potential downward trend for Shiba Inu. However, traders should always conduct their own research before making any trades.Comment: I am will wait for another candlestick to appear to take longs on this one. Just broke out the trendline resistance and is now trying to do a reversal/bullish symmetrical triangle. Candle closing in 3 hoursComment: Am I wrong?Comment: Price action seems to follow how I drew the curved arrows. Let's see if we can keep the price action in favor with our analysisComment: Guess we are right