đAt the moment, we are observing a perfect opportunity to work inside the channel. After a turbulent spike in volatility, a characteristic 'damping' follows â the price becomes more predictable, and the levels are clearly defined.
đ§ Strategy 'Rebound from Resistance'
Our main line of defense is Support (~19.29). This is a global level where we have repeatedly seen buyer reactions.
Entering long: We are working on a rebound from the support level.
Why here? The chart clearly shows the historical memory of the market: buyers are defending this perimeter. This is our point of maximum confidence.
Target: The rebound may not just be a short stroll, but the beginning of a great campaign to break the Resistance level (~21.61).
â ď¸ Signal to Change Course (Contingency Plan)
If we do not see a confident reaction from the support level (no buyback, candles close below without shadows), this is our signal: support is broken.
In this case, we immediately change course â a breakout down opens the way to Local Min ($13.87).
đ Tactical advice:
Candle character: Watch for the 'noses' (tails of the candles) approaching the level. Long shadows from below â buyers are loading the cannons. Sharp full bodies of candles â we expect a breakout.
Minimizing risk (Scaling): Don't throw all your troops in at once. Use the opportunity to enter the trade in several parts. This will allow you to get a better average price and come out unscathed if the storm intensifies.
Fixing levels: * Support: $19.29
Resistance: $21.61
Local Max: $33.31
Think like a professional, act like a pirate.
Dubitando ad veritatem. âď¸đđĽ