$IRIS/USDT – Significant Buyer Activity with Key Buy ZonesIRIS/USDT has seen a significant increase in buyer activity, indicating growing interest and potential bullish momentum. To avoid chasing the price, I’ve identified blue boxes as key areas to consider for entries. Each zone is designed to address different market scenarios, providing flexibility in positioning.
Key Observations:
Buyer Momentum: Increased demand suggests accumulation, but finding an optimal entry is essential.
Blue Boxes: These zones represent strategic buy levels based on varying market conditions, from conservative pullbacks to deeper corrections.
Market Scenarios: Both blue boxes cater to potential outcomes, whether the market trends higher or dips further.
Strategy:
Wait for the price to reach one of the blue boxes.
Look for confirmation, such as bullish reversals, strong wicks, or increased volume, before entering.
Adjust risk management based on the zone being targeted, as deeper corrections may require wider stops.
Patience and a disciplined approach will allow you to take advantage of the next move without unnecessary risk.
Add specific price levels for the blue boxes to make the explanation actionable and clear!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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IRISETH
IRIS/BTC (Retesting Daily Swing Support)💎Technical Analysis Summary💎
HUOBI: IRISBTC
-IRIS broke bearish a few days ago from its local support area
-It is now trading at its daily swing low support zone
-This is crucial, and it must hold to protect the mid-term bullish move
-If IRIS can maintain this area, there is a chance we could see a bounce up reaction
-I'm not recommending to buy at the current market price
-But instead, wait for any sign of bullish strength before taking a trade
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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IRIS/BTC (Test Previous Resistance Area?)BINANCE: IRISBTC
-The price is now approaching two key areas of support
-The zone between 668-604 sat are previously resistance before IRIS strong uptrend
-Two possible scenarios for IRIS, #1 is to test the closes support and bounce back up to 800 sat range
-Or come down much lower at 600 sat major support but bounce weaker around 700 sat area
-Either of these two scenarios, please plan your next trade to lessen the risk involved
IRIS/BTC (Retest Previous Support?)IRIS/BTC
-IRISnet painted its 1st Lowe High which is a sign of weakness
-We can also see a Bearish trendline resistance rejecting the price
-It is likely to retest the support area around 90,000 sat range
-The 200MA dynamic support is approaching the price
-The question now is, can we see another strong bounce reaction at support?
-If not, it will breakdown and test the 200MA at 80,000 sat region
-But my recommendation is to buy the breakout of trendline resistance for safer entry
IRIS/BTC (Strong Breakout)IRIS/BTC
-Since the Cross Ultimate indicator flashes Buy signal priority
-The price has increased over 600% from 13k sat area
-Just a few minutes ago, our VIP members entered the breakout confirmation
-All our take profit exit has been hit
-I do not recommend to buy at current market price
-Please wait for a pullback at previous resistance or wait for consolidation
-Do not FOMO on every green candle
-Practice discipline and establish a good trading system