Posts

29 March My Technical Analysis

avatar of @selimhaki
25
@selimhaki
·
·
0 views
·
2 min read

$ETH

With the pump movement that started last night without seeing much correction, the level of 3400 USD was reached today.

This is an important resistance from 3148 in terms of importance. I don't think short, but I can think long after correction.

Two close supports can be mentioned on the chart, 3148 and 2950.

If we continue without correction or with a very slight correction (eg, going down around 3240 and continuing), then 3761 and 3893 targets will be focused on.

Frankly, I do not recommend short here. They've been pushing short for a while, but if the correction comes, I think long.

For $FIL, when the long term came to the place to buy, the price was slightly above 16.82 and it was suitable for buying with the stop setup to be placed around 2-3% below 16.82.

Gained 50% and slightly over without a stop.

Blessings to the reviewers,

30 and 40 USD resistances may be tested in the future. If $ETH corrects at the critical point here, you can consider selling some profits and adding 24 and/or 21 USD.

$AVAX has seen 96.2s with a 3-day trend series. Main target is at 98.21. However, it is useful to realize from here, as much as 20-30%.

If it rolls above 98.21 and does a daily closing series then we'll look at 115 and 127. (Don't do FOMO, we'll see if it happens) (The thing to do was to take it as described in the analysis on the day of the closing on 84.5, if you didn't get it that day, it's best to wait again now)

The delay of $BTC and $ETH correction points to a deep correction coming. For this reason, pocket a lot of profit and never leave your stop below your cost, at least it should be at the cost or above.

There are 184 and 190 targets on $AAVE 170. If you buy 170, it is necessary to have a 2-3% hard stop or a daily closing stop below 170.

It is worrying that the majors $BTC and $ETH have not corrected, please open a trade with this in mind. I am one of those who think that a new position to be opened on the long side can turn into a serious loss within 1-2 days if it is not managed well.

Determine your risk with Stop, but if you have no patience to lose, then you will wait for the correction for the new pose.

$ADA Targets are 1.26 and 1.47, but rejection comes from around 1.26. I am not very bullish at the moment, frankly, it seems to me that it cannot go to 1.47 without a correction of around 10%. I usually short these types of formations, but the market is hunting shorts right now, so I'm not in a rush. It is necessary to crown the long series (majors and subs) that we started about 10 days ago with correction and continue it as long for a while..

Good luck with,

It is not investment advice.

Graph Source: Tradingview

Posted Using LeoFinance Beta