just and IDEA
Updated
Ton coin 4H
1D :
It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60.
For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60.
Since it has already hit that area and the 200 EMA is slightly below it, it might break through and reach the 200 EMA, possibly dipping slightly below with shadow .
I believe This 200 EMA is a key support level for long-term holders.
4H :
Meanwhile, on the 4H chart, we could consider it in a smaller range where it has already bounced from the support. If it breaks the trend line and makes a change of character (CHOCH), it could possibly reach the top of the range again. At that point, we can observe its reaction and make further decisions based on the movement in that area.
TOTAL's chart and USDT.D are already in an important zone. We should keep an eye on them."
please let me know if you think
1D :
It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60.
For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60.
Since it has already hit that area and the 200 EMA is slightly below it, it might break through and reach the 200 EMA, possibly dipping slightly below with shadow .
I believe This 200 EMA is a key support level for long-term holders.
4H :
Meanwhile, on the 4H chart, we could consider it in a smaller range where it has already bounced from the support. If it breaks the trend line and makes a change of character (CHOCH), it could possibly reach the top of the range again. At that point, we can observe its reaction and make further decisions based on the movement in that area.
TOTAL's chart and USDT.D are already in an important zone. We should keep an eye on them."
please let me know if you think
Trade active
still under the trendline and resistant area !!!!!Comment
It is still in progress, but since we haven't made any higher highs yet, I cannot consider it a good move.Trade active
Even though we've crossed the trend line, the market is having a hard time keeping up the pace and hasn't reached any higher highs. So, it's too early to think of this as a good move. we need to pass 6.50 to 6.70 . The fact that the upward movement isn't lasting suggests the current trend might be weak, so we need to be carefulTrade active
it still hasn't reached any higher highs. It's pretty boring right now. The fact that the upward movement isn't lasting suggests the current trend might be weak, so we need to be careful. It is likley that we get to 6 to 610 . Then we'll see how it react there.Trade active
We were waiting for this movement. After breaking the trendline, we made a small range box, and finally, we got out of that range area and broke through 6.50 - 6.70. Now, it's likely we will see the top of the bigger range, which is 7.45. We need to see how it reacts there before deciding what to do next.Trade active
Trade closed: target reached
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