As you can see on the chart, we have a bullish structure.
We have a resistance swap that is expected to reject the price towards the lower limits.
We have a good support node, which I named Rebuy Zone.
Also, a liquidity pool is formed at the bottom, which is expected not to be broken and cause the price to jump higher.
If this symbol reaches the Rebuy Zone, you can enter a Buy position in the spot. The stop should be placed somewhere under the green box
Closing a daily candle below the green range will violate the analysis
We have a resistance swap that is expected to reject the price towards the lower limits.
We have a good support node, which I named Rebuy Zone.
Also, a liquidity pool is formed at the bottom, which is expected not to be broken and cause the price to jump higher.
If this symbol reaches the Rebuy Zone, you can enter a Buy position in the spot. The stop should be placed somewhere under the green box
Closing a daily candle below the green range will violate the analysis
Trade closed: target reached:
By hitting the green range, about 42% was pumped and hit the TP
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