Current Structure:
The price is consolidating near 719.47 USDT, testing a key horizontal resistance zone around 730.65 USDT.
A clean breakout above this level with a 1-hour confirmation candle would signal a bullish move.
2. Risk-to-Reward Setup:
Entry: Around 730-735 USDT after confirmation.
Target: 835.55 USDT (previous significant resistance).
Stop-Loss: Below 704.35 USDT, aligning with recent lows.
3. Volume & RSI:
Volume remains steady but needs to increase to support a breakout.
RSI is near 50, suggesting neutral momentum with room for upside.
Long Plan:
I will open a long position if I get a 1-hour bullish confirmation candle above 730.65 USDT.
The setup offers a favorable risk-to-reward ratio (targeting ~835 with a stop near 704).
This trade aligns with bullish expectations on the breakout and retest strategy. Patience for the confirmation is key.
The price is consolidating near 719.47 USDT, testing a key horizontal resistance zone around 730.65 USDT.
A clean breakout above this level with a 1-hour confirmation candle would signal a bullish move.
2. Risk-to-Reward Setup:
Entry: Around 730-735 USDT after confirmation.
Target: 835.55 USDT (previous significant resistance).
Stop-Loss: Below 704.35 USDT, aligning with recent lows.
3. Volume & RSI:
Volume remains steady but needs to increase to support a breakout.
RSI is near 50, suggesting neutral momentum with room for upside.
Long Plan:
I will open a long position if I get a 1-hour bullish confirmation candle above 730.65 USDT.
The setup offers a favorable risk-to-reward ratio (targeting ~835 with a stop near 704).
This trade aligns with bullish expectations on the breakout and retest strategy. Patience for the confirmation is key.
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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.