In this chart,
I identified the following:
- Nearest Strong Supply area for 4H (there's a hidden demand there if you go for an LTF )
- Lower Highs
- Higher Lows
- LH + HL = Triangle
- Price gets rejected three times trying to break but still got rejected but selling pressure is not enough to continue the price to the downside and break the triangle
- We saw a double bottom causing the price to increase which left a good footprint to buy again and rally to the next high but eventually traded lower again and found a new demand zone
I have an entry at 19.7, 20.14, 20.18
Looking to swing this to $30 if possible it gets a 60%+ price increase the following days (especially this week) 1st week of February.
I identified the following:
- Nearest Strong Supply area for 4H (there's a hidden demand there if you go for an LTF )
- Lower Highs
- Higher Lows
- LH + HL = Triangle
- Price gets rejected three times trying to break but still got rejected but selling pressure is not enough to continue the price to the downside and break the triangle
- We saw a double bottom causing the price to increase which left a good footprint to buy again and rally to the next high but eventually traded lower again and found a new demand zone
I have an entry at 19.7, 20.14, 20.18
Looking to swing this to $30 if possible it gets a 60%+ price increase the following days (especially this week) 1st week of February.
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.