DAMUSDT: Long setup from daily resistance at 0.08568The level is formed by an anomalously large bar from 09.09. Its strength is confirmed by the price stopping just below it on the local timeframe and entering a consolidation. I expect minimal volatility before the level and a continuation of the consolidation. If the consolidation is short, a strong
DAM/USDTSince its listing on Binance Perpetual, DAM/USDT has corrected nearly -60% from the top, which can be considered a healthy market reset after the initial hype. Over the past week, price action has started to stabilize and form a solid base of support.
On the 4H timeframe, we can now see a clean bre
$DAM Peak Alert: 4H Trading Strategy with RSI SurgeBYBIT:DAMUSDT.P
Trading Levels:
Entry: 1.00 (0.07422 USDT) - The level where the initial purchase is planned.
DCA (Dollar-Cost Averaging): 1.135 (0.06701 USDT) - An additional buying point if the price rises.
SL (Stop Loss): 1.272 (0.05970 USDT) - The level where the loss would be limited.
TP (Ta
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy