We got that zig-zag 5-3-5 correction on its way baby. Lets get it done and lets go! Red carpet is the target before continuing up!
ملاحظة
Notice that correction is already over if we rise above the green line
ملاحظة
Correction took us even lower. Not surprising. We went below the biggest wick, why? Because thats were the liquidity is. We should be starting to look for a movement upwards now.
ملاحظة
We went for the liquidity one more time. Major more upwards coming so market makers take out liquidity before.
ملاحظة
BE CAREFUL WITH FILECOIN IF you trade with leverage. Nothing is guaranteed yet. I CANT say for sure, no one can, but compare the fractal and make your own judgement. Problem with Filecoin is, you can leverage it. Everybody (or most) is expecting we do not go below 40.23. However, the fractal we have done before looks scary.ملاحظة
I have a gut-feeling that we might come lower to liquidate. The Order Block to keep an eye out for is this:ملاحظة
To trade safe and smart, wait at least on 4h that we pass the 50 EMA, re-test it, and see if we get a bounce from an order block that will be formed below it. Filecoin is one those coins you can currently trade on leverage on Bitmex and your liquidity is stupidly low. That is why I would be cautious as possible. This only applies for leverage trading and if you need to find that absolute bottom. ملاحظة
Forget the fractal and the arrow. I have been awake too long and its taking a toll on me lmao. But do follow the safe approach because the order block that is posted in the fractal-image still could be the final target.ملاحظة
One more update-image, just to make it clear and everybody can hopefully trade safer. Beware of something like this happening and do not go underwater and get liquidated. ملاحظة
ملاحظة
If you want to risk it, you can put your stop loss below the 50.09 wick. I would not recommend to go in with so high leverage that you liquidate if we still go below it.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.