Trading plan [Sell / Short] đ´ Entry: 0.09100$ - 0.09180$ Targets (Scalp): First target: 0.08950$ Second target: 0.08880$ Third target: 0.08800$ Stop loss: 0.09350$
Reasons:- 1. Negative reversal: The SuperTrend indicator on the hourly frame turned red at 0.09244$, confirming the sellers' control. 2. Resistance rejection: The currency failed to maintain levels above 0.09300$ with the formation of negative candles with long upper wicks. 3. Support break: The price broke the previous accumulation area, turning it now into a strong resistance zone that prevents upward movement. 4. Weak rebound: The current green candle lacks real buying volume, making a continued drop to test the lows likely.
Reason:- 1. Bearish Flip: The 1H SuperTrend has officially flipped to RED at $0.09244, confirming a shift in momentum to the downside. 2. Resistance Rejection: DOGE failed to sustain levels above $0.09300, forming multiple bearish candles with long upper wicks. 3. Breakdown Pattern: The price has broken below the previous consolidation support, turning it into a resistance zone. 4. Weak Recovery: The current green candle shows low buying volume compared to the previous sell-off, suggesting a continuation of the dip.
$BTC The king struggles with resistance levels đЏ
Trading plan [Sell / Short] đ´ Entry: 66,900$ - 67,200$ Targets (Scalp): First target: 66,200$ Second target: 65,800$ Third target: 65,200$ Stop loss: 68,100$
Reasons:- 1. Negative structure: Bitcoin formed a "double top" pattern near 68,377$, indicating clear exhaustion at the higher levels. 2. SuperTrend resistance: The SuperTrend indicator on the hourly timeframe turned red, with strong resistance at 67,890$. 3. Liquidity pullback: The current slight rebound looks like a "dead cat bounce" to trap optimistic traders before completing the drop towards the 65 thousand dollar support area. 4. Volume analysis: Selling volume still dominates the hourly candles, indicating that bears are currently leading the movement.
Reason:- 1. Bearish Structure: BTC has formed a "Double Top" pattern near $68,377, showing strong exhaustion at higher levels. 2. SuperTrend Resistance: The 1H SuperTrend has flipped to RED with a resistance level sitting at $67,890. 3. Liquidity Grab: The recent small bounce looks like a "dead cat bounce" to trap late longs before continuing the move toward the $65k support zone. 4. Volume Analysis: Selling volume remains dominant on the hourly candles, indicating that bears are currently in control.
Trading plan [Sell / Short] đ´ Entry: $2,045 - $2,055 Targets (Scalp): First target: $2,025 Second target: $2,012 Third target: $1,995 Stop loss: $2,085
Reasons:- 1. Negative reversal: The SuperTrend indicator has turned red on the hourly chart at $2,083, confirming selling pressure. 2. Descending peaks: Ethereum is forming a series of descending peaks, with repeated failures to break the resistance at $2,093. 3. Weak buying: The price is currently trading below the range of the last wave, indicating a lack of buying strength to push higher. 4. Re-testing support: The price is expected to head towards re-testing the psychological support level at $2,000.
Reason:- 1. Bearish Flip: The 1H SuperTrend has just flipped to RED (sell signal) at $2,083, confirming downward momentum. 2. Lower Highs: ETH is forming a series of lower highs, failing to break the $2,093 resistance twice. 3. Market Pressure: The price is currently trading below the mid-range of the recent dump, showing a lack of buyer strength. 4. Support Test: We are likely heading back to retest the psychological support at $2,000.
Trading plan [Buy / Long] đ˘ Entry: $0.0910 - $0.0945 Targets (Scalp): First target: $0.1020 Second target: $0.1080 Third target: $0.1120 Stop loss: $0.0840
Reasons:- 1. Huge liquidity flow: The hourly chart shows a historic increase in trading volume, indicating strong whale entry. 2. SuperTrend indicator breakout: The indicator turned green after a long consolidation period, confirming a trend change in favor of buyers. 3. Positive accumulation: After reaching a peak of $0.1129, the price maintains its stability above $0.0900 forming a "Bullish Flag" pattern. 4. Current momentum: With a rise of 27.77%, the currency is one of the strongest gainers, suggesting a second upward wave.
Reason:- 1. Massive Volume Inflow: The 1H chart shows a historical volume spike, indicating strong institutional or whale interest. 2. SuperTrend Breakout: The price has flipped the SuperTrend to green after a long consolidation, signaling a trend reversal. 3. Bullish Consolidation: After the initial pump to $0.1129, the price is holding steady above $0.0900, creating a "bull flag" pattern. 4. Momentum: Currently up 27.77%, it is one of the top gainers, which usually leads to a second leg up in scalping scenarios.
Trading plan [Buy / Long] đ˘ Entry: 245.50$ - 248.00$ (Wait for a slight correction) Targets (Scalp): First target: 254.50$ Second target: 258.00$ Third target: 262.00$ Stop loss: 239.00$ (Below the last candle's tail)
Reasons:- 1. Explosion in trading volume: Volume bars show a massive influx of buying liquidity. 2. SuperTrend indicator: The trend on the hourly chart is clearly upward and supports the continuation of momentum. 3. Market sentiment: The currency tops the list of winners, attracting FOMO traders. 4. Breaking resistance: The price successfully surpassed the 235$ area and turned it into strong support.
Trade plan [Long] đ˘ Entry: $245.50 - $248.00 (Wait for a slight retracement) Targets (Scalp): TP1: $254.50 TP2: $258.00 TP3: $262.00 SL: $239.00 (Below the recent candle wick)
Reason:- 1. Massive Volume Spike: The volume bars show significant buying interest. 2. SuperTrend Alignment: The 1H SuperTrend is strongly bullish. 3. Market Sentiment: ZEC is trending as a top gainer, attracting "FOMO" buyers. 4. Resistance Break: It has cleared the $235 resistance zone, turning it into support.