Forwarded from CAN PREMIUM INSIGHTS
#SKYAIUSDT | 4H | Chart Link
πΊ Market Situation
After a formidable growth since early this month, price finally started a correctional phase (a) which CAN be just the start of a bigger (abc) pattern.
π― Outlook
A short retracement move CAN give us a nice chance to prepare for the final wave of correction (c).
β οΈ Key Level
Highlighted resistant zone is where price should retrace but not break above and establish beyond it. Otherwise, pattern has failed.
After a formidable growth since early this month, price finally started a correctional phase (a) which CAN be just the start of a bigger (abc) pattern.
A short retracement move CAN give us a nice chance to prepare for the final wave of correction (c).
Highlighted resistant zone is where price should retrace but not break above and establish beyond it. Otherwise, pattern has failed.
Please open Telegram to view this post
VIEW IN TELEGRAM
π22β€6π₯2π³2π―1
Forwarded from CAN PREMIUM INSIGHTS
#NEOUSDT | 2H | Chart Link
πΊ Market Situation
After a formidable growth, price entered an accumulation phase in lower timeframes and right now it's stuck in the manipulation phase to tire traders out before the distribution phase (AMD Pattern).
π― Outlook
Now the distribution phase will take price to even higher resistant levels in this timeframe only if price breaks free from the manipulation phase.
β οΈ Key Level
As the manipulation phase is expected to sweep off below the previous levels, you CAN either go with risky approach and try to DCA in this zone or wait for manipulation to finish first and then jump into distribution.
Plan is Clear, as Risk is in your Hands.
After a formidable growth, price entered an accumulation phase in lower timeframes and right now it's stuck in the manipulation phase to tire traders out before the distribution phase (AMD Pattern).
Now the distribution phase will take price to even higher resistant levels in this timeframe only if price breaks free from the manipulation phase.
As the manipulation phase is expected to sweep off below the previous levels, you CAN either go with risky approach and try to DCA in this zone or wait for manipulation to finish first and then jump into distribution.
Plan is Clear, as Risk is in your Hands.
Please open Telegram to view this post
VIEW IN TELEGRAM
π26β€6π₯3π³3
Forwarded from CAN PREMIUM INSIGHTS
#DASHUSDT | 12H | Chart Link
πΊ Market Situation
It seems #DASH is making another bullish attempt to reach higher levels and finish this Wyckoff pattern.
π― Outlook
Since price has already shown a minir Sign of Strenght (mSOS), this time, the chances for a successful Sign of Strength is higher.
β οΈ Key Level
Regardless of what price action may look like, as long as there hasn't been a successful breakout above the highlighted zone, the SOS is not activated.
It seems #DASH is making another bullish attempt to reach higher levels and finish this Wyckoff pattern.
Since price has already shown a minir Sign of Strenght (mSOS), this time, the chances for a successful Sign of Strength is higher.
Regardless of what price action may look like, as long as there hasn't been a successful breakout above the highlighted zone, the SOS is not activated.
Please open Telegram to view this post
VIEW IN TELEGRAM
π23β€5π₯2
#Educational_tips π§
π Accumulation β Manipulation
β Distribution
π Price first builds an accumulation range, then sweeps liquidity above the highs before shifting structure.
The sequence:
π‘ Accumulation β Liquidity Sweep β Market Structure Shift β Retest β Distribution
π£ The key idea is to wait for the structure shift and confirmation, rather than reacting to the initial liquidity grab.
β Distribution
The sequence:
Please open Telegram to view this post
VIEW IN TELEGRAM
β€19π₯5
Forwarded from CAN PREMIUM INSIGHTS
#SNXUSDT | 2H | Chart Link
πΊ Market Situation
We got another AMD (Accumulation, Manipulation & Distribution) pattern with the manipulation pattern just about to finish.
π― Outlook
Once price breaks free from the manipulation phase, the distribution phase CAN provide us with nice scalping opportunities.
β οΈ Key Level
Current price level is suppressed by strong resistance: manipulation zone + descending trendline.
The safest approach is to wait for price to breakout first and once MSB happens (Market Structure Break), only then jump onto distribution phase in pullback with proper risk.
We got another AMD (Accumulation, Manipulation & Distribution) pattern with the manipulation pattern just about to finish.
Once price breaks free from the manipulation phase, the distribution phase CAN provide us with nice scalping opportunities.
Current price level is suppressed by strong resistance: manipulation zone + descending trendline.
The safest approach is to wait for price to breakout first and once MSB happens (Market Structure Break), only then jump onto distribution phase in pullback with proper risk.
Please open Telegram to view this post
VIEW IN TELEGRAM
π21β€9π₯6
CAN | Crypto Analysis
#BTCUSDT | 3D UPDATE | Chart Link πΊ Market Situation As expected, the momentum was so strong that drove price for 36.64% without any breaks, all the way up to our 2nd level around 78k. π― Outlook Although price has shown a reaction to our technical zoneβ¦
#BTCUSDT | 1D UPDATE | Chart Link
πΊ Market Situation
With a strong bullish leg formed at the bottom of wave (E), there is a chance that the entire pattern has finished and we witness further bullish momentum to break above the highlighted gray zone.
π― Outlook
However, #BTC is still building a base below right the resistant zone so it's always better to wait for cheaper prices at pullback.
β οΈ Key Level
In order not to miss the coming bullish wave, highlighted blue circle is a nice reliable pullback area.
Once this step finished, price may challenge the higher resitant zone to show us whether black or pink pattern will come next.
With a strong bullish leg formed at the bottom of wave (E), there is a chance that the entire pattern has finished and we witness further bullish momentum to break above the highlighted gray zone.
However, #BTC is still building a base below right the resistant zone so it's always better to wait for cheaper prices at pullback.
In order not to miss the coming bullish wave, highlighted blue circle is a nice reliable pullback area.
Once this step finished, price may challenge the higher resitant zone to show us whether black or pink pattern will come next.
Please open Telegram to view this post
VIEW IN TELEGRAM
π25β€4π1
CAN | Crypto Analysis
#XAUUSDT | 1D UPDATE | Chart Link πΊ Market Situation Since our previous analysis on higher timeframe reached its full target, it's time to review current price action in lower timeframes and see where price may head next? π― Outlook Since price hasβ¦
#XAUUSDT | 1D UPDATE | Chart Link
Insight Update | Level 1π
π 4.08% since Analysis
π«₯ As warned before, Gold had just started a quick correctional wave and is moving according to plan.
β‘οΈ If you are scalping this move, make sure to unload half here and follow wave (G) step by step to finish this diametric pattern.
Insight Update | Level 1
Please open Telegram to view this post
VIEW IN TELEGRAM
π26β€5π5π2
The review of our past month's technical setups is now complete. We are starting our structural market analysis for September.
Please open Telegram to view this post
VIEW IN TELEGRAM
π₯17π5β€3π3
#Educational_tips π§
π Double Bottom Reversal
π Price forms a double bottom, then makes a deeper liquidity sweep before reclaiming the key resistance level.
Double Bottom β Liquidity Sweep β Breakout β Retest β Bullish Move
π‘ The strongest confirmation comes when price retests the bullish order block/support and holds above it.
Double Bottom β Liquidity Sweep β Breakout β Retest β Bullish Move
Please open Telegram to view this post
VIEW IN TELEGRAM
π₯17β3β€1
CAN PREMIUM INSIGHTS
#UNIUSDT 1W CHART ROADMAP & ANALYSIS π° β β β β β β β β β Price of #UNI has been absolutely hampered of the years and is back right before the 2021 alt season. π« β‘οΈ Now at this point, we need to see S (Spring) move finished before a strong rally starts. π β«οΈ Ifβ¦
#UNIUSDT | 1W | Chart Link
INSIGHT UPDATE | Level 1π₯
βοΈ 114.5% Growth since Top of Support
π«₯ With S & LPS our of the way, price has shown a 114% growth to first major resistant point.
As price on the path to show SOS, we need to see whether trendline will break or not, so let's just book half here to be safe.π
INSIGHT UPDATE | Level 1
As price on the path to show SOS, we need to see whether trendline will break or not, so let's just book half here to be safe.
Please open Telegram to view this post
VIEW IN TELEGRAM
π18β€5π₯1
CAN | Crypto Analysis
#BZUSDT | 8H UPDATE | Chart Link πΊ Market Situation Our previous insight had two steps: A recovery move. A pullback to form the end of wave (b) and offer a buying opportunity. Step 1 is complete. Step 2 has now developed into a clear lower-timeframe triangleβ¦
#BZUSDT | 8H | Chart Link
INSIGHT UPDATE | Level 1π
βοΈ 13.23% Growth since Top of Support
π«₯ As there is a strong move formed from our support zone, it seems wave (b) which consisted of a triangle pattern has finished.
π As price stands on a critical resistant level, we will book half to wait and see whether the escalation of war between Iran & USA will deliver full growth on wave (c) or not. βοΈ
INSIGHT UPDATE | Level 1
Please open Telegram to view this post
VIEW IN TELEGRAM
π³17π6β€3π₯3
CAN | Crypto Analysis
#XAGUSDT | 1D UPDATE | Chart Link CAN INSIGHT | Add Level 1 Here πΉ βοΈ +10.48% from Support Zone. π«₯ Silver is finally on the way up on wave F after forming a double bottom. π₯ At this point we better book half profit, make it risk free and waitβ¦
#XAGUSDT | 4H UPDATE | Chart Link
πΊ Market Situation
#Silver seems to have finished wave (F) on top after almost reaching Level 2 of our previous bullish analysis and is on its way to finish wave (G) of our diametric pattern.
π― Outlook
Wave (G) CAN consist of a possible (abc) correctional pattern where each leg CAN provide a scalping opportunity.
However, the maing focus should be catching bearish leg (b to c).
β οΈ Key Level
First we need to see where wave (a) will finish which CAN be the highlighted gray zone.
Depending on the retracing leg's momentum, end of wave (b) at highlighted zone is where selling activity will be focused. So apply proper risk for your scalping.
#Silver seems to have finished wave (F) on top after almost reaching Level 2 of our previous bullish analysis and is on its way to finish wave (G) of our diametric pattern.
Wave (G) CAN consist of a possible (abc) correctional pattern where each leg CAN provide a scalping opportunity.
However, the maing focus should be catching bearish leg (b to c).
First we need to see where wave (a) will finish which CAN be the highlighted gray zone.
Depending on the retracing leg's momentum, end of wave (b) at highlighted zone is where selling activity will be focused. So apply proper risk for your scalping.
Please open Telegram to view this post
VIEW IN TELEGRAM
π14β€5π1