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fondOrange28771
Oct 26, 2023 4:44 PM

Potential move upward with risk of manipulation Long

BINANCE:HBARUSDT.P1D
Hedera Hashgraph / TetherUS PERPETUAL CONTRACTBinance

Description

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Hedera historically has positive moves. Accumulation indicators shows growth.
Bears slowly going up. ADX and DI demonstrate positive trend. There are buyers above current levels. Candles demonstrate failed bears movement. 2nd attempt to break 0.052 level and shows some positive power compared to 1st attempt.

Setup 1 entry: EP1: 0.5-0.53, TP1:0.068-0.075 (75%), TP2: 0.09869, SL: 0.03953

Extra comment: there could be Wales manipulation to sharply push price down.
More safer way is to have two entry setup.

Setup 2 entry: EP1: 0.5-0.53, EP2: 0.3572, TP1:0.068-0.075 (75%), TP2: 0.09869, SL: 0.035 (and even below)

Risk: Each entry loss < 1-2% of deposit.

Comment

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Typo - missed zero in EP. Apologies.

Setup 1 entry: EP1: 0.05-0.053, TP1:0.068-0.075 (75%), TP2: 0.09869, SL: 0.03953

Setup 2 entry: EP1: 0.05-0.053, EP2: 0.03572, TP1:0.068-0.075 (75%), TP2: 0.09869, SL: 0.035 (and even below)

Comment

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2 entry setup has low RR. Make sure that EP1 entry is really small. EP2 shall be 7x times bigger at least than EP1 to properly average position.
Trend AnalysisSupport and ResistanceTrend Lines
Comments
pullbacksignal
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pullbacksignal
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Does make sense to me!
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