Well Our pizza god JUBLFOOD is yet onto a point of liftoff but here i find multiple oppurtunites which can be done. I have tried to make it in a Tabular Form and It Might Help you to get a synopsis on what you can do!
1. Scenario 1 says a buyers trap can be initiated from 550 to 562 range, now what can you do on that? If it goes exacttly on that range we can short it till 521 and 495. There is clear exhaustion on top levels and is eminent it can eat up peoples money as it is waiting like a crocodile there. SO IF IT OPENS GAPUP WAIT 15MIN CANDLE TO GET DIRECTION. IF GOES ABOVE JUST SIMPLY WAIT TIL 550 TO 573 RANGE, and short with SL of 585. (Sl is 17.5 points on which point you sell) but you shall understand that in weekly chart it shows exhaustion as well
2. Scenario 2 says 15 Min chart shows like ETH or Ethereum Daily Chart movement. Like a parallel 90degree channel which is always emninent to break, its like building a ladder slanted and you dont know where the inclined wall is, so likely if opens flat might short at 550 levels to 518 but 560 touching is emininent.
3.Scenario 3 says if you want to take an oppurtunity to buy dont ever use range analsysis in this scrip, it backfires alot but yes you can put a buy above 15min and hold it, till tgts of 560, and dont panick if it falls below that, SL of 15.5 shall be taken froom there!
4. Scenario 4 says it needs to fall to get more of it, so 495 buys looks good for straigt target of 580 soon, but wait for retracement to happen and then do buy!
1. Scenario 1 says a buyers trap can be initiated from 550 to 562 range, now what can you do on that? If it goes exacttly on that range we can short it till 521 and 495. There is clear exhaustion on top levels and is eminent it can eat up peoples money as it is waiting like a crocodile there. SO IF IT OPENS GAPUP WAIT 15MIN CANDLE TO GET DIRECTION. IF GOES ABOVE JUST SIMPLY WAIT TIL 550 TO 573 RANGE, and short with SL of 585. (Sl is 17.5 points on which point you sell) but you shall understand that in weekly chart it shows exhaustion as well
2. Scenario 2 says 15 Min chart shows like ETH or Ethereum Daily Chart movement. Like a parallel 90degree channel which is always emninent to break, its like building a ladder slanted and you dont know where the inclined wall is, so likely if opens flat might short at 550 levels to 518 but 560 touching is emininent.
3.Scenario 3 says if you want to take an oppurtunity to buy dont ever use range analsysis in this scrip, it backfires alot but yes you can put a buy above 15min and hold it, till tgts of 560, and dont panick if it falls below that, SL of 15.5 shall be taken froom there!
4. Scenario 4 says it needs to fall to get more of it, so 495 buys looks good for straigt target of 580 soon, but wait for retracement to happen and then do buy!