The entry point at approximately $0.36550 is in an area of inefficiency which has confluence with the 78.6% fib level and 80% Gann large volume candle on the H4 timeframe. This level is also at 50% of the inefficiency and there is potential for a harmonic shark pattern to develop. Be aware of the potential for price to dip to $0.29560 with harmonic Shark Pattern Development.
Сделка активна:
Price action has moved the market to our entry point and harmonic pattern has played out.
Price action has moved the market to our entry point and harmonic pattern has played out.
Комментарий:
Note on the comment of "Be aware of the potential for price to dip to $0.29560." Price has wicked to $0.29828 thus far.
Комментарий:
...maybe a potential spike to the $0.46 - $0.51 range during the Department of Justice announcement of the International Cryptocurrency Enforcement Action?
Комментарий:
Continuing to progress toward the target. If you are in this trade and you aren't hodling, a move to SL is wise at this point.
Сделка активна:
Target Reached at $0.46 and approaching the next target at $0.51.
Target Reached at $0.46 and approaching the next target at $0.51.
Комментарий:
Target at $0.51 reached. Next major upside target is $0.91.
Target at $0.51 reached. Next major upside target is $0.91.
Сделка закрыта: достигнута тейк-профит цена:
Our upside target of $0.91 was reached! This trade analysis idea was established back in October, 2022. Patience Pays!
Our upside target of $0.91 was reached! This trade analysis idea was established back in October, 2022. Patience Pays!