22 February My Technical Analysis

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Avatar for biologist25
2 years ago

Today, like the $BTC puzzle, it is really necessary to sit down and try to solve it :) They do their best to prevent trading with the news effect. This is friends' favorite tactic. Although it is quite negative today, they are currently doing their best to intimidate and short.

Summary figures;

Looking at 38910 over 38468, if they can bring consecutive hourly closes on it, they can last until around 39995/41880.

The decline continues at 38000 six-hour closes. I shared the drop chart yesterday. I'm adding it on this post, you can look back.

There is no trade zone at the moment, but the resolution seems to be coming in 2-3 hours. According to the figures above, you can act with low risk and less capital; 3-5% stop should be used.

Closing under $MATIC 1.527 is coming / seems to be coming.

I used the short that started from 1.865, which I reported in the analysis before, to 1.527. Then I realized about 50%. This closing suggests adding to the short.

With a stop placed slightly above 1.615, I can increase my short bet a little bit and continue to target 1.31/1.04.

If it makes the hard comeback I mentioned in the $BTC analysis and goes 38468/38910, then I stop and wait for it to become clear again (let this be the second criterion)

We have successfully applied the $AVAX short process between 98-> 76 ✅

If this close is below 76, I will add a little to the pose that I realized 50% around 78 and I will continue until 55.47.

I will keep a stop 5-7% above 76.44, and I found this place suitable because it will be close to my cost.

$ADA starts short below 1.01.

Continue to follow as 0.81/0.68 will be the first tp and 0.38/0.28 will be the second tp.

$Luna all critical figures are marked on the chart. Although closings below 52.16 point to 34/39, it has been very fake in the past, so you can think of it as a stop.

Good luck with,

It is not investment advice.

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