Cycle Structure:
HWC (Higher Wave Cycle – Long-Term): Bullish 🔼
MWC (Middle Wave Cycle – Mid-Term): Range 🔁
LWC (Lower Wave Cycle – Short-Term): Bearish 🔽
Market Context:
The first step is to assess the market from a cycle and wave perspective 🧐. Recent sharp down moves are ignored as they are emotional reactions.
The current support is a box 📦 that has been tested for around 35 days with four significant touches. My bias is long here 🚀.
Long Setup:
Weakness in the short-term MWC 🔁 could trigger a bullish move if 4232 resistance is broken and confirmed ✅.
The next resistance at 4757 🚧 could turn all cycles bullish 🔼🔼🔼 if broken, offering strong upside potential 📈.
Short Consideration:
The market is unpredictable ⚠️, so short scenarios should be considered too.
Until price reaches 3708 ⬇️, I won’t consider shorts ❌.
Shorts require more structure and confirmation.
Remember, downside moves are still possible ⚡, so risk management is key 🛡️.
📌 Signature:
If you want a specific coin analyzed, drop a comment 💬👇 and I’ll cover it.
⚠️ Without proper risk management, you're just a ticking time bomb 💣
HWC (Higher Wave Cycle – Long-Term): Bullish 🔼
MWC (Middle Wave Cycle – Mid-Term): Range 🔁
LWC (Lower Wave Cycle – Short-Term): Bearish 🔽
Market Context:
The first step is to assess the market from a cycle and wave perspective 🧐. Recent sharp down moves are ignored as they are emotional reactions.
The current support is a box 📦 that has been tested for around 35 days with four significant touches. My bias is long here 🚀.
Long Setup:
Weakness in the short-term MWC 🔁 could trigger a bullish move if 4232 resistance is broken and confirmed ✅.
The next resistance at 4757 🚧 could turn all cycles bullish 🔼🔼🔼 if broken, offering strong upside potential 📈.
Short Consideration:
The market is unpredictable ⚠️, so short scenarios should be considered too.
Until price reaches 3708 ⬇️, I won’t consider shorts ❌.
Shorts require more structure and confirmation.
Remember, downside moves are still possible ⚡, so risk management is key 🛡️.
📌 Signature:
If you want a specific coin analyzed, drop a comment 💬👇 and I’ll cover it.
⚠️ Without proper risk management, you're just a ticking time bomb 💣
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.