🚀 ILVUSDT is presenting a fascinating setup! We just witnessed another false breakout on the 4H timeframe, backed by some solid volume.
Daily Chart
On the daily chart, we’re still in a downtrend. This suggests a potential move down before any significant upward shift.
Weekly Chart
The weekly chart shows a top wick followed by a bearish candle, signaling a likely move down in the near term.
Trade Setup
I'm setting my order at the previous 4H high and waiting for the action. This trade could play out dramatically, so stay tuned for what promises to be an exciting journey!
Daily Chart
On the daily chart, we’re still in a downtrend. This suggests a potential move down before any significant upward shift.
Weekly Chart
The weekly chart shows a top wick followed by a bearish candle, signaling a likely move down in the near term.
Trade Setup
I'm setting my order at the previous 4H high and waiting for the action. This trade could play out dramatically, so stay tuned for what promises to be an exciting journey!
Note
STOP LOSS set at BETrade closed manually
BE trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.