I think it will move like this , but mean while it can change , for now I think we need to close above EMA 200 first , then try to fill the FVG and get to fibo 50-61.8 .
Ton coin 4H 1D : It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60. For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60. Since it has...
In the zoomed-out view on the 1D and 4H charts, we are in an upward channel. On the 1D chart, we have already hit the middle line, which is acting as resistance. Same Within this channel in 4H, we were in a range area that we broke out of on the upside. I believe we have already hit the target of this range area, which is exactly at the middle line of the 1D...
I think we are not in a good situation right now, and we need to follow this trendline. Since the EMA 200 daily is under this trendline, it is very important. We could hope that if we lose the trendline, We might go down with a shadow, touch the EMA 200, and then go back above the trendline again. Meanwhile, 0.55 is still a good level to consider. Bullish...
SAME IDEA FOR 4H NOTE FOR 1D (I think it will move like this, but meanwhile it can change. For now, I think we need to close above the EMA 200 first, then try to get back and fill the FVG. After that, we can get back above the EMA to reach the Fibonacci levels of 50-61.8.)
Ton coin It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60. For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60. Since it has already hit...