GOLD → As prices continue to rise, so do the risks...FX:XAUUSD continues to rise, setting new highs. New ATH 3659. Focus on current consolidation, as the structure remains bullish...
Gold hit a new record high, surpassing $3,650, amid a weakening dollar and growing expectations of aggressive Fed policy easing. However, overbought conditions and profit-taking risks may limit further growth.
The USD is at 7-week lows due to fears of stagflation and deteriorating employment data. The probability of a rate cut on September 17 is 89.4% (25 bps), with a chance of 50 bps. Markets are expecting more than two cuts in 2024.
Risks for gold: “Sell the fact”: If the NFP revision turns out to be weak (as expected), investors may start to take profits.
Technically, gold remains bullish, but a near-term correction is likely due to technical factors and a possible reaction to the data. The long-term trend remains bullish thanks to a weak USD and the Fed's dovish policy.
Resistance levels: 3657, 3675, 3700
Support levels: 3636, 3628, 3620
Gold is consolidating. At the moment, the fundamental background is stable, and no news is expected today except for those that are impossible to predict (comments, rumors, etc.). Before further growth, gold may test the support area and the liquidity hidden behind it.
Best regards, R. Linda!
Community ideas
BTC has formed an Ascending Triangle in a DowntrendWhat is Happening Here?
If we take a look at Bitcoin, it's pretty interesting right now: we can observe an ascending triangle just formed. But this pattern took shape after a sharp drop in price.
An ascending triangle is a bullish continuation pattern:
- The resistance line stays horizontal (flat top).
- The support line is rising, creating higher lows.
So what does this mean?
This indicates that buyers are gradually pushing prices higher while sellers are consistently defending the resistance level.
And often with this pattern, the buying pressure overwhelms the sellers, causing a breakout to the upside.
🔹 Breakout expectation:
- Wait for breakout confirmation always! (strong candle close above resistance with volume), and/or on a retest of the broken resistance (now acting as support).
- With this pattern, if it breaks above strongly, the target can typically be measured by taking the height of the triangle and adding it to the breakout level.
🔹 Risk Factors:
- False breakouts can occur (price temporarily breaks resistance but falls back inside).
- If the pattern fails and price breaks below the rising trendline, it may signal bearish weakness.
✅ The reliability of the pattern increases on higher timeframes and with strong breakout volume.
In summary
An ascending triangle shows the following: Buyers are showing strength with rising lows, while resistance is being pressured repeatedly. A confirmed breakout above resistance could drive price toward a psychological target. Waiting for a strong breakout and possibly a retest helps reduce false signal risk.
Not financial advice, just sharing my thoughts on the charts.
Trade safely 😊
EURUSDHello Hello Traders! 👋
What are your thoughts on EURUSD?
EUR/USD has been trapped in a sideways range for the past few weeks, showing choppy back-and-forth movements.
However, the recent break above the descending trendline suggests that a potential bullish breakout could be underway.
After some short-term consolidation, the pair could gain bullish momentum and head toward the next resistance levels.
Thursday’s U.S. CPI data will be a key catalyst that may drive volatility and determine the pair's next direction.
Don’t forget to like and share your thoughts in the comments! ❤️
Trading Psychology 101: Master Your Mind Before the MarketWhen people first start trading, most of their attention goes to entries, indicators, and strategies. It feels like the secret to success must be hidden in the charts.
Over time, traders realize something uncomfortable: the biggest challenge isn’t the market—it’s themselves.
You can learn technical analysis, understand risk management, and even copy profitable strategies. Yet, if fear, greed, or impatience take over, the outcome will be inconsistent.
Research suggests that trading performance depends far more on mindset than on technical skill alone.
Here are a few patterns almost every trader will recognize:
Entering too quickly because of FOMO.
Closing winners too early out of fear they will reverse.
Holding on to losers, hoping they will turn around.
Ignoring rules after a streak of good trades because of overconfidence.
Each one might feel harmless in the moment, but over time they erode consistency.
Imagine two traders using the exact same strategy with a 60% win rate.
Trader A lets emotions dictate actions. They cut winners short, stretch losers, and end up losing money.
Trader B follows rules calmly. Losses are accepted, winners are allowed to run. Over the same number of trades, this trader ends profitable.
The system is identical, but psychology makes all the difference.
5. The Real Lesson
Markets are unpredictable. Strategies are never perfect. What you can control is how you respond.
Strong psychology allows you to execute consistently and let probabilities play out. Without it, even the best system will eventually fail.
6. Benefits of a Solid Mindset
Building psychological strength in trading gives you:
Patience to wait for quality setups.
1. Discipline to stick with your plan.
2. Resilience to handle losing streaks.
3. Consistency across weeks and months.
4. Mental clarity to make rational decisions under stress.
Lingrid | GOLD Price Deceleration: Short-Term Retracement The price perfectly fulfilled my previous idea . OANDA:XAUUSD has reached a fresh all-time high within the upward channel but is now showing price deceleration near the 3,660 resistance zone, suggesting exhaustion. Price action is forming smaller candles in the profit-taking area, indicating weakening bullish momentum. A rejection here could trigger a corrective move toward 3,590, with deeper downside potential toward 3,470 if sellers sustain control. The broader structure highlights a possible correction unfolding following A-B-C movement from this overextended zone.
💡 Risks:
A softer US CPI could reignite bullish flows and invalidate the sell scenario.
Renewed geopolitical tensions may increase safe-haven demand and push gold higher.
A dovish Federal Reserve shift could restore strong buying pressure and reverse any correction.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
GOLD → Strong bullish trend. What are the targets?FX:XAUUSD continues to rally on positive fundamentals that emerged at the end of last week. The market is pricing in an almost 100% cut in interest rates, which is weakening the dollar and supporting the metal...
Gold is holding close to its record high of $3,600 after extremely weak US employment data for August. This has reinforced expectations of a 25 bp Fed rate cut this month.
This week, attention is focused on the release of US inflation data (CPI and PPI). Inflation data in the US will confirm or adjust expectations for Fed policy easing. If inflation remains high, this could delay aggressive rate cuts and cause a correction in gold. For now, the bullish trend continues.
Resistance levels: 3615, 3634, 3650
Support levels: 3600, 3578
Technically, a strong bullish trend. Growth may continue after price consolidation above 3614-3615 or after a slight correction to support at 3600 relative to the current local rally.
Best regards, R. Linda!
BTC - Are the bulls looking for a liquidity grab?Market Context
Bitcoin is holding strong after bouncing from a higher support zone and is now pressing into an area packed with liquidity. The recent bullish price action has carved out multiple fair value gaps on the way up, each serving as confirmation of demand and strengthening the bullish structure. Above current price lies a major cluster of buy-side liquidity — a magnet for price.
Fair Value Gaps & Confirmations
On the way up, price created several bullish fair value gaps that have each been respected as support. The first, second, and now third retests into these imbalances show that demand continues to step in, absorbing supply and building pressure upward. Adding to that, a bullish inversion fair value gap (IFVG) has formed, giving extra confirmation that buyers are in control.
Liquidity Target Above
The most obvious draw for price is the heavy buy-side liquidity resting above recent highs. With so many stops positioned there, the market is incentivized to push higher and sweep that zone. The path toward it could involve another retest into one of the fair value gaps below before expansion takes place, or a direct continuation straight into the liquidity pocket.
Final Thoughts
This structure is showing textbook bullish strength: stacked fair value gaps, IFVG confirmation, and a clear liquidity pool overhead. Unless the market breaks back below the deeper support zone, the expectation remains a run into buy-side liquidity.
If this breakdown sharpened your view, a like is appreciated — and I’d love to hear from you: do you expect a retest first, or do we shoot straight into liquidity?
Bitcoin - Head and Shoulders to 115k - then dump below 105k!Bitcoin is currently corming a bullish reversal head and shoulders pattern! The price is curently near the right shoulder providing us with a great buying opportunity. What is the profit target? This is a very special situation, because we have an unfilled FVG (Fair Value GAP) right above the HaS neckline. I belieave the price could breakout this HaS pattern, but will get stopped by the GAP or by the major swing high above the GAP. A lot of traders have their stop loss orders above this major swing high, so this is where the whales can take liquidity and send it down.
After that, we may see a huge dump because it's September and it's statistically the worst performing month for Bitcoin and also for the stock market. This is my short term update on the price of Bitcoin, and my plan for September. I hope you like it!
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
SOL/USDT –> Double Bottom Breakout with Bullish DivergenceHello guys!
Solana has completed a double bottom pattern and broken above the neckline, signaling bullish momentum. Here’s the breakdown:
1-Pattern Formation
A clear double bottom has formed around the $200 zone.
The neckline breakout happened at ~$213–214, confirming the reversal.
2- Momentum Confirmation
Bullish divergence on RSI supported the double bottom.
While price made equal lows, RSI showed higher lows → early sign of trend reversal.
3-Entry Options
Market entry
Pullback entry: Around the $210 area, in case of a retest of the neckline zone.
5- Target
The projected move from the pattern points to $222.
This also aligns with the next resistance area.
USDJPY Testing 146.700 as Market Awaits ReactionHey Traders, in today's trading session we are monitoring USDJPY for a potential selling opportunity around the 146.700 zone. The pair has been trading in an uptrend, but is currently in a correction phase, approaching this key support/resistance level.
Structure: While the broader bias has been bullish, the correction is bringing price back toward an area of interest.
Key level in focus: 146.700 — a zone where sellers may look to step in if momentum shifts.
Fundamentals: Market sentiment remains sensitive to U.S. data and Fed expectations, which continue to guide short-term USD moves.
Trade safe,
Joe.
GOLD: Israeli Airstrike Hits Hamas leaders in QatarGOLD: Israeli Airstrike Hits Hamas leaders in Qatar
🚨 Breaking NEWS:
Several blasts heard in Qatar’s capital after Israeli airstrike on Hamas leadership
The Israel Defence Forces (IDF) said it had carried out a targeted attack on Hamas officials, shortly after the militant group claimed responsibility for an attack on a bus stop in Jerusalem that killed six people.
------------------------------------------
The previous time Israel, Iran and the US started the conflict and GOLD fell and did not rise at a time when everyone thought it would explode.
The price is rising inside an ascending channel. A price reaction has already started. If it breaks out of the channel, then it may fall further as shown in the chart.
It may repeat the same pattern as last time. Drop at a moment that everyone is waiting for 4000.
Someone else may close the profits made so far.
Maybe the news we had today was news that someone else knew in advance. This could be a strong reason why GOLD rose for no reason in the previous days.
⚠️It is better if you avoid trading gold
⚠️I don't want you to sell GOLD, but is better if you know that also this scenario is possible if the price breaks down from the channel
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Liquidity in Trading: The Basics You Must Understand👉 If you can’t identify liquidity, you become the liquidity.
It's not an indicator, It's not a pattern. It's not a theory.
It's how the markets actually move.
Every trader has seen it happen: you take a position at the “obvious” level, only to get stopped out by a quick wick — and then the market runs exactly where you expected. That wasn’t bad luck. That was liquidity.
In this post, you’ll learn few main forms of liquidity that move markets and how to avoid being stop hunted and actually use such a phenomena for your advantage.
Don't be a liquidity
Price doesn’t move randomly inside ranges. It hunts liquidity at the edges.
• Retail trap: Traders pile orders right at the range high/low.
• Smart money: Hunt's edges of range before starting the move.
Wait for the sweep of those levels. The stop runs happen first, the real move comes after.
⚠️ If a pivot level gets tapped multiple times, it's on purpose. Smart money are creating illusion of strong support / Resistance.
Les informed traders trades patterns like : Double bottom, Double top and they put the stop losses above the range - This creates a Liquidity cluster which smart money needs to execute their orders. They will come for it before the real move happen.
How to enter continuation
Even in strong trends, price doesn’t move in straight lines.
• Consolidation → Expansion: Liquidity builds during pullbacks or sideways pauses, then gets released in a sharp move.
• Retracement → Expansion: don’t chase the first pullback. Wait for at least 50% pullbacks. Not earlier. Best setup is when it has all like the one below.
Double top as liquidity, range, 50% pullback , stop hunt
• Double tops and Triple tops are engendered liquidity if you see it expect price go thru that levels
The win isn’t catching the exact bottom. It’s catching a clean entry with strong Trend continuation - low timeframe reversal and with right timeframe allignements.
So here is again GBPUSD example where we had the weekly range, stop hunt to 50% of the swing.
After stop hunt occurs you wait for. H4 OB being created in other words engulf of last bulky down candle and clean close above. Then you can enter with SL below the stop hunted lows, not only that traders was liquidated there but also another group of traders entered shorts and they will be now liquidated above that double top and its your target.
Importance of key level
Even when smart money moves price to the highs where it seems there is not key level always look left price mostly stop just right above or below the key level. Ranges for some time makes false move in the direction which sucks traders in to to a trade and then they hit key level and go that direction.
If the move is not going from key level it's a trap. We can use many types of levels, but here is a tip for the forex Whole, quarter, half levels are strong. If your order block, supply / demand occurs or classic support occurs around that level it will have higher probability and its not because of psychological level. It's because these levels are what institutions are trading.
Stop hunts are not your enemy — unless you ignore it. The market makers hunts liquidity before it moves. By starting thinking about the markets this was way you will recognize and will be able to visualize future movements.
Summary
Big challenge is waiting patiently for the stop hunt to happen. And yes sometimes price moves without a stop hunt and you will miss a move. But it's always better not to be in a trade you want to be than being In trade you dont want to be.
Shift from being the exit liquidity to being the trader who patiently waits, confirms, and executes with precision.
🩸 Spot the trap. 🩸 Wait for the sweep. 🩸 Trade with intention.
Dont trust me and fact check this on your chart for your confidence. It's only way to start to see markets differently.
David Perk aka Dave FX Hunter
Bitcoin Halving Approaches Fear?? or Greed??Do you believe Bitcoin will repeat its historical halving pattern, or could this time be different?
Which emotion do you think dominates the market now fear of correction or greed for new highs?
Among TradingView’s tools (Fear & Greed Index, Volume Profile, 200-day MA, Fibonacci), which one do you personally trust the most during halving cycles?
Hello✌️
Spend 2 minutes ⏰ reading this educational material.
🎯 Analytical Insight on Ethereum:
Ahead of the upcoming Bitcoin halving, a notable pullback appears likely 📉. Ethereum has broken below its descending channel, indicating bearish momentum. A potential drop of around 15% could target the $3,800 level ⚡.
Now , let's dive into the educational section,
Bitcoin Halving Approaches: Fear of Correction or Greed for Records?
What is halving? Every four years, the block reward for Bitcoin miners gets cut in half. This event means new supply becomes more limited over time. History has shown that after each halving, Bitcoin usually enters a new bullish cycle. But before the real move starts, the market often goes through sharp volatility, creating both fear and greed at extreme levels.
This time the same question repeats itself: will Bitcoin break into new all-time highs after the halving, or will a heavy correction surprise everyone before that happens?
🧠 Psychology of Fear and Greed
Around halving, traders get stuck between two opposite feelings. On one side, the fear of losing money in a possible correction. On the other side, the fear of missing out on massive gains. This psychological battle often causes rushed entries and early exits.
🐋 The Role of Whales
Whales perfectly understand how collective emotions work. At moments of extreme hope or extreme panic, they place heavy orders to flip the market in the opposite direction. Right before halving, this psychological game intensifies more than usual.
⏳ Halving History
Looking back at the three previous halvings, a similar pattern stands out: short-term corrections around the event, followed by a powerful long-term rally. This repetitive history fuels greed and drives many traders to ignore risk management completely.
📊 TradingView Tools
To avoid being trapped by emotions, having the right tools is essential. TradingView provides several key indicators:
The Fear & Greed Index measures overall sentiment. When it shows extreme greed, that’s usually a moment to be cautious.
The Volume Profile highlights price ranges with the highest trading activity. Around halving, these levels often turn into psychological support and resistance zones.
The 200-day Moving Average remains one of the strongest trend indicators, respected in all previous halving cycles.
Even a simple Fibonacci retracement can reveal zones where the biggest emotional battles happen, especially near the golden 0.618 level.
🔑 Conclusion
Bitcoin halving is more of a psychological event than a purely technical one. Charts and indicators provide guidance, but in the end, your mindset determines success or failure. History favors those who resisted collective emotions and followed structured plans.
Three Golden Advices :
Always review Bitcoin’s halving history before making big decisions.
Never forget risk and capital management, especially when greed is high.
Let TradingView tools guide your analysis, not the noise of the crowd.
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We pour love into every post your support keeps us inspired! 💛 Don’t be shy, we’d love to hear from you on comments. Big thanks , Mad Whale 🐋
📜Please make sure to do your own research before investing, and review the disclaimer provided at the end of each post.
US100 - New Highs are coming!Market Context
The US100 is trading within a strong bullish structure after bouncing from a well-defined support zone. Price has been respecting key levels on the way up, forming fair value gaps (FVGs) that act as stepping stones for continuation. The overall picture points to a market that is building momentum for a potential liquidity grab higher.
Support Zone & Initial Rally
The chart shows a strong support zone at the lows, which provided the foundation for the current bullish impulse. Once price tapped into this area, buyers stepped in aggressively, leaving behind multiple bullish imbalances on the way up. This confirms that institutional interest is present at these levels.
Fair Value Gaps & Structural Strength
On the rally, price created overlapping FVGs, including a bullish fair value gap and an inversion fair value gap (IFVG). Importantly, candles never closed below the primary FVG — reinforcing its validity as strong demand. This means that even if price retraces, these areas will be closely watched for re-entries.
Liquidity Grab & Next Move
Above current price action lies a clear buy-side liquidity (BSL) level. The market is likely to target this zone, either directly from current levels or after a retest into the stacked FVGs. A liquidity sweep above the highs would be the natural continuation of the bullish structure, unlocking the potential for new short-term highs.
Final Thoughts
The US100 is showing a textbook bullish setup: strong support, healthy retracements, and unmitigated FVGs acting as demand. As long as the lower support holds, the expectation remains for a run into the BSL above.
If this analysis brought value, drop a like — and let me know: are you waiting for the retest, or do you think the market runs the highs straight away?
SOL is the next ETH !SOL / USDT
SOL is forming the same pattern as ETH before the huge breakout in past few weeks
Accumulation with 2 major stoploss hunt for bulls and bears and now is trying to breakout the accumulation zone
History show high success rate of this pattern
Will SOL be the next ETH ?
Best of wishes
Another bullish move goldThis is a Gold Spot vs U.S. Dollar (XAU/USD) chart on the 1-hour timeframe from OANDA. At the current moment, the gold price is trading around $3,657.19, showing a gain of +21.345 points (+0.59%).
The chart highlights a bullish momentum, with the price consistently forming higher highs and higher lows since September 7th. Buyers are dominating, pushing the market upward after breaking through consolidation zones.
Key support levels can be seen around:
$3,655.97
$3,646.27
$3,628.16
$3,578.10
These levels serve as potential zones where buyers may step in again if the price pulls back.
The projection on the chart shows a bullish continuation setup. After a short retracement, the market is expected to resume its upward movement, aiming toward the new high zone at $3,708. This suggests traders are anticipating further upside momentum if gold maintains its current bullish strength.
TP1/TP2 +300/+600 pips GBPCAD Advanced XABCD Short From S/R 🔸Hello traders, let's review the 1 hour chart for GBPCAD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D.
🔸Speculative XABCD structure defined by point X 8795 point A 8300 point B 8720 point C 8440 point D/PRZ 8970 .
🔸Currently most points validated, point D/PRZ is pending.
Short sell at PRZ/D TP1/TP2 +300/+600 pips, swing trade setup.
🔸Recommended strategy for GBPCAD traders: Higher Risk BUY at market SL 60
TP exit at PRZ/D overhead resistance at 8970. Lower risk reversal trade setup:
short from PRZ/D 8970 SL 80 pips TP1 +300 TP2 +600 pips. swing trade setup.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Gold Pushing Higher!Price pushed in a clear ascending channel. It broke above the most recent resistance, then came back to retest the level. Classic break and retest.
Price rejected off that level, which turned it into new support. That’s a good signal to go long, targeting the top of the projected channel.
XRP Trading Scenarios (Daily Chart)Hey traders! Let’s break down what’s happening with XRP around the $3.00 level. This price area is very important right now, it could decide the next move. 🚀 or 📉
✅ Bullish Case (If XRP breaks $3.00 upwards)
What to watch: If the daily candle closes above $3.00, that means buyers are strong.
Entry idea: Wait for a break and retest of $3.00 (price goes above $3.00, then comes back down slightly to confirm it as new support).
Target (Take Profit): $3.10 – $3.20
Stop Loss (Risk control): Place it below $2.90
👉 Tip for beginners:
Don’t FOMO in! Always wait for the candle to close above $3.00 to confirm the breakout.
❌ Bearish Case (If $3.00 rejects downwards)
What to watch: If XRP fails to break $3.00 and gets pushed down, sellers are in control.
Entry idea: Look for a rejection pattern near $3.00 (long wicks, bearish engulfing, etc.) before entering short.
Target (Take Profit): $2.85 – $2.75
Stop Loss (Risk control): Place it above $3.05
👉 Tip for beginners:
Patience is key! A clear rejection will give you a safer entry instead of guessing.
🔑 Quick Reminders
Always use Stop Loss → This protects you from big losses.
Trade with a plan → Don’t jump in without knowing your entry, target, and stop.
$3.00 is the key level → Above it = bullish bias, below it = bearish pressure.
Don't forget to follow me, boost this post and comment your ideas.
-Neo
Hellena | GOLD (4H): SHORT to support area of 3558.Colleagues, gold is in an active upward impulse of big wave “1” and if until now I was only talking about long positions, now it is time to think about the correction in wave “2”.
Wave “1” (red) consists of five waves and, to all appearances, wave “5” (blue) has either completed or is about to complete.
This means that I expect a corrective movement to the 3558 support area. I believe that this is the minimum retracement level, and the price may reach lower values, but we will work for the result, which we will achieve soon.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EURUSD Short: Price Reverse and Start FallHello, traders! The price auction for EURUSD has been operating within a well-defined ascending channel for several weeks. This bullish structure has been confirmed by multiple pivot points, with buyers defending the ascending demand line and sellers consistently emerging at the upper supply zone near the 1.1715 level. This has established a clear rotational pattern between the channel's boundaries.
Currently, the auction is at a critical inflection point, once again testing the upper boundary of this channel. The price has rallied to meet the ascending supply line, which forms a strong confluence of resistance with the horizontal 1.1715 - 1.1740 supply area. This is the same zone where previous rallies have failed, making it a key battleground.
The primary scenario anticipates a rejection from this resistance confluence, continuing the established pattern of rotation. The expectation is that sellers will defend the supply zone and initiate a new downward move back towards the channel's support. A failure to break out higher would confirm a short-term correction is underway. The take-profit for this rotational play is therefore set at 1.1605 points, targeting the ascending demand line of the channel. Manage your risk!
TradersCity Pro | ARB Set for Pump After Pullback to Support👋 Welcome to TradersCity Pro!
In this analysis, I want to review the ARB coin for you. One of the most popular Ethereum Layer 2s, with a market cap of $2.83 billion, currently ranked 43rd on CoinMarketCap.
📅Daily timeframe
On the daily chart, this coin has been in an uptrend along with a trendline and has managed to break through an important resistance zone.
🔔 At the moment, the price is in a correction and pullback phase toward that zone. It reacted to the trendline and bounced upward. The RSI oscillator has also bounced from the 50 level, and if it continues upward, it has room to bring more bullish momentum into this coin.
✔️ The last two candles we had were strong green candles with high volume, showing buyer strength. If today’s candle can hold above the SMA25, the price can move toward 0.6164.
📊 The main bullish move will start after breaking the 0.6164 zone, but the area where support was confirmed is already a very important PRZ. It’s not a bad idea to look for long triggers from this support area on lower timeframes.
⌛️ 4-hour timeframe
On the 4-hour chart, the first long trigger we had — the breakout of 0.5146 — was activated, and the price has so far made a short leg up to 0.5376.
🔍 The 0.5376 zone can be the next long trigger. The negative point here is that the price is in the middle of a bullish leg. These kinds of triggers usually have a lower win rate because they rely on market momentum, and whenever that momentum fades, the chance of getting stopped out rises sharply.
💥 On the other hand, RSI is entering the Overbought zone, which is a strong momentum signal and could help this bullish move continue.
💼 My suggestion: if you already have long positions on this coin or others, it’s not very logical to open a new one here, since this trigger is considered risky. But if you don’t have a position, entering on a breakout of 0.5376 isn’t bad, as RSI entering Overbought could trigger a sharp move upward.
⚠️ Just keep in mind: this trigger belongs to the risky setups, so you should manage your risk on this coin more carefully than on others.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️