Auctionusdtbuy
AUCTION / USDT : Trying again for a breakout above resistance AUCTION/USDT: Trying Again for a Breakout Above Resistance
AUCTION/USDT is making another attempt at breaking through key resistance levels 📈, signaling the potential for a breakout. The price has been consolidating near resistance, setting up an exciting opportunity for a strong bullish move 💥. If the breakout occurs, we could see momentum shift higher 🚀. Keep a close watch 👀 and wait for confirmation before entering the market.
Key insights:
1. Resistance level: AUCTION/USDT is testing a critical resistance zone that has capped price action in the past. A successful breakout above this could trigger a significant rally.
2. Volume confirmation: Look for an increase in volume as the price breaks above resistance to confirm strong buying interest 🔥.
3. Bullish momentum: Key indicators like RSI and MACD are showing positive trends, suggesting potential for continued upward movement ⚡.
Steps to confirm the breakout:
Wait for a clear 4H or daily candle close above the resistance level 📍.
Look for a surge in volume during the breakout to confirm strong buying pressure 📊.
A successful retest of the broken resistance as support would strengthen the case for further upside ✅.
Be cautious of fakeouts or false breakouts, such as sudden reversals or wicks above resistance ⚠️.
Risk management strategies:
Implement stop-loss orders to protect your position 🔒.
Adjust your position size according to your overall risk management plan 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making any investment decisions.
AUCTION Swing LongI am already in a spot position average buy around 17.5.
But from here LL longing dca below 21 with tight stoploss if clean breaks below 20.
I think if this holds here we are going to see a massive rally on this one.
The RR from here is way too much and i am ready to take a risk on it.
Targeting 70 not less not much.
Let's Go.
Note: Not a Financial Advise.
#AUCTION/USDT#AUCTION
We have a strong bullish soft trend that the price has been following for two months
Now the rising trend has been touched and it is expected to rebound upward
We have a strong rising trend on RSI as well
We have a higher stability than the Moving Average 100 and we have an upward discount
The pattern is canceled if the day is closed with a strong bearish candle
Entry price 29.86
The first goal is 32.00
The second goal is 35.06
Third goal 38.54
Trade Signal | Bounce Token (AUCTION) is ready for upto 17% pumpHi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with US Dollar pair.
Previously we caught almost 90% pump of AUCTION as below:
Now on a on a 2-hour time frame, AUCTION has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bounce Token (AUCTION) forming a Gartley for upto 34.50% rallyHi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with Bitcoin pair.
Our last successful trade setup was the below one, and this was almost 300% pump:
Now on a daily time frame, AUCTION is about to complete a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bounce Token (AUCTION) formed bullish BAT for upto 27.50% pumpHi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with US Dollar pair.
Recently we caught almost 300% pump of AUCTION as below:
Now on 2-hr frame, AUCTION has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
AUCTION formed a bullish Gartley for upto 130% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bounce Finance Governance Token (AUCTION) with US Dollar pair.
Previously we had a nice trade of Auction:
Now on a daily time frame, Auction has formed a bullish Gartley pattern. There is also a hidden bullish divergence as priceline is forming a higher low but RSI is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade