CAN | Crypto Analysis

#BEATUSDT | UPDATE Done and dusted. What more can technical analysis say? 👀

🚨 JUST IN: 🇺🇸 US PPI falls to 4.7%, lower than expectations.

#LINKUSDT | 12H | Chart Link 🗺 Setup #LINK still has held its strength since forming a double bottom at lower support levels and it seems it CAN still meet higher resistant zones by gathering a little bit of strength at a pullback. 🏹 Plan The ideal scenario is a nice pullback to the highlighted support zone where we expect wave (b) to finish. ⚠️ Risk Just be careful in choosing the right leverage to give enough space for both entries to be triggered. And if price goes below invalidation, be ready to cut loss.

#ALLOUSDT  | 12H |  Chart Link 🗺 Market Situation Price may have started a new bearish outlook with price breaching below the supportive trendline. 🕯 Outlook Normally a retracement follows the strong initiating move. So the recovery move CAN give us nice prices for selling positions towards wave (c). ⚠️ Key Level Price is already weak. If it keeps crashing the whole pattern would be irrelevant. Also new higher highs will change the whole pattern as well. So keep these points in mind.

Booked some 👍

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#Educational_tips 🧐 📉 Reversal Setup HH → weakening highs → break of the previous low → retest → reversal💬 The key confirmation is the failure to make a new high, followed by a break of structure and retest.🛫

#COTIUSDT  | 2H UPDATE |  Chart Link CAN INSIGHT | TP1 Achieved  🏹    ↗️ +19.65% from top of the box. 🫥  Price finished wave (e) just a bit below our key zone and smashed right through TP1. 🥇 With a move as perfectly as this, we will only book half profit…