#LINKUSDT Update

Price plunged below the pivot point as we expected but then reached support and reversed upwards missing our TP by a 1.3% move and resulting as a loss.
Loss: 0.5%.

https://www.tradingview.com/x/wofk50df/

#ADAUSDT Update

Price rose to the resistance line and then plunged below the pivot point reaching our TP as we expected. Trade is now closed.
Profit: 0.69%.

https://www.tradingview.com/x/QFDHJJGA/

#LINKUSDT

Price witnessed a sudden drop from 17.53 levels and reached current support area. Price then moved up and is now testing our indicated resistance level. We expect the asset to drop and pullback around 15.530 before continuing its move to the downside.

https://www.tradingview.com/x/eZwPrg1h/

#DOGEUSDT

Long
Risk: 1%
Entry: 0.16775 (CMB)
Take-Profit: 0.19697
Stop-Loss: 0.14277

We can see here the price is in a strong uptrend because of the higher highs and higher lows it has been forming ever since it hit the 0.12082 low. Price formed a demand zone at 0.149 and surged massively, and broke the former resistance level which is now the pivot point at 0.16406. Price then pulled back below the pivot line making contact again with the demand zone and then regained ground. Price will most likely continue upwards from discount prices where liquidity will be gathered and might reach R1 and breach it

https://www.tradingview.com/x/ZIZvZRD9/

#ZILUSDT

Price was forming lower highs, indicating a bearish movement before dropping rapidly from 0.3300 levels. The asset is now trading between 0.2480 and 0.02165. We expect the price to move up towards area of supply and then to start pulling back. However if price breaks below support we can expect further downward movement.

https://www.tradingview.com/x/YN1P3rQz/

#SOLUSDT

Price was in an uptrend and reached 187.23 and formed a high above R1. Price then pulled back after profit was taken and retraced below the pivot point at 162.64. Price may regain ground if it goes above the pivot point and might continue to surge and break the resistance line and may stabilize the uptrend. If not, then the trend will reverse and the price will plunge to S1.

https://www.tradingview.com/x/AklUrOpU/

The first UK #Bitcoin ETPs are now trading LIVE in London.

#DOGEUSDT

The asset is currently moving in an uptrend, having tested our trend line multiple times and got rejected. The price then formed a double-top pattern and successfully started to decline. We expect the price to retest our line and move back up. However, if the price continues to fall and breaks below our support line we can expect bearish movements towards S1.

https://www.tradingview.com/x/C6vTV1tJ/

#DOGEUSDT Update

Trade closed at BE. Price failed to break above the previous high so we will wait for further confirmation before entering another potential long.

https://www.tradingview.com/x/yugLCy0M/

#XRPUSDT

We can see that the price formed a falling wedge and moved to the upside as expected. The asset moved up then fell and tested our demand area. The price pulled back up after forming a double bottom and is expected to trade in this area, testing our 1st resistance line before continuing it’s move towards 0.7490.

https://www.tradingview.com/x/8uWG3BcA/

#NEARUSDT

Short
Risk: 1%
Entry: 7.419 (CMP)
Take-Profit: 6.585
Stop-Loss: 8.065

Price reached 8.484 and was rejected from the resistance line, hence it formed a supply zone. Price started to form lower lows and lower highs and then plunged below the pivot point. Price reached S1 and performed a pull back but might not be efficient, so most likely it will go below the support line and form new lows.

https://www.tradingview.com/x/QXMZdvTv/

#ALICEUSDT

Target 2 done
Tabe closed
Profit: 2.68%

https://www.tradingview.com/x/qw91iaKj/

All signal are still valid and safe. A shakeout of weak hands and high-leverage traders is expected during weekend. We will let you know if there is any change of an initial plan.

Open Trades:
#AGIXUSDT
#AVAXUSDT
#AKROUSDT
#BIGTIMEUSDT

#NEARUSDT Update

The trade is in profit. Price tried to rebound after breaching support but failed to break its previous high so most likely it will continue downwards.

https://www.tradingview.com/x/fnpBHgiP/

#BIGTIMEUSDT

Spot
Long
Risk: 1%
Entry: 0.1800 (CMP) / 0.1649
Target: 0.2088 / 0.2480
Stop Loss:0.1510

The price is currently declining and is in the lower part of the trend. Both the breakout and the retest of the trend have been successful. Additionally, it has undergone a successful change of character and is poised for a move to the point of interest and resistance. Will place a buy order around the higher low zone and set a stop-loss below the lower low to manage risk.

https://www.tradingview.com/x/1r01lvZQ/

#BIGTIMEUSDT

Target 2 has been reached.
Trade closed.
Profit: 2.39%.

https://www.tradingview.com/x/Sv7xYdI4/

Premium Membership

Interested in upgrading your trading experience? DM @WT_Support and come onboard.

#AXSUSDT

Price formed a demand zone at 6.7 and has been surging by forming higher lows and higher highs. Price went above the pivot point, established a strong bullish momentum and breached R1 by forming a new high but then pulled back. Price might continue upwards because of strong bullish momentum and might be bought at discount prices.

https://www.tradingview.com/x/7jztOhw0/

The market sentiment is at Extreme Greed 75, reflecting high investor confidence and possible overvaluation. Selling or taking profits could be prudent, anticipating a potential market correction.

Federal Open Market Committee (FOMC) meeting will be held on June 11-12, 2024 which will trigger volatility