๐จ Merging timeframes and setting the zero hour for asset $ALLO (4H + 15M) ๐ฅ
To avoid getting swung by the market, weโve merged the 4-hour timeframe with the 15-minute timeframe to catch the right entry and identify our direction.
On the 4-hour chart, the overall trend remains positive with liquidity present, while on the 15-minute chart, the price has made a healthy correction, dropping to a strong historical support area at $0.3921 and is showing signs of a bounce from there. This merge gives us a sniper entry opportunity with a very tight stop-loss compared to the high targets we are aiming for on the larger timeframe.
Get your setup ready on these merged and updated numbers:
๐ฏ Ideal entry point: between $0.3950 and $0.4190; buying from these levels gives us the best support point.
๐ Targets:
First target: $0.4313
Second target: $0.4767
Main target: $0.5593, the historical peak on the 4-hour chart.
โ Stop loss: Close a full 15-minute candle below $0.3850 because breaking this level completely invalidates the bounce scenario and shifts the larger timeframe to a downtrend.
โ ๏ธ In summary, guys: the merge shows us that the risk is quite low compared to the expected gains. Stick to the stop-loss and be cautious of market fluctuations.
#ALLO #USDT #ุชุญููู_ู ุฏู ุฌ #ุจููุงูุณ #Crypto #ุณูุงูุจููุฌ #Crypto_Trading #ุตููุงุช_ุงูููู #ุงูุชุญููู_ุงูููู
To avoid getting swung by the market, weโve merged the 4-hour timeframe with the 15-minute timeframe to catch the right entry and identify our direction.
On the 4-hour chart, the overall trend remains positive with liquidity present, while on the 15-minute chart, the price has made a healthy correction, dropping to a strong historical support area at $0.3921 and is showing signs of a bounce from there. This merge gives us a sniper entry opportunity with a very tight stop-loss compared to the high targets we are aiming for on the larger timeframe.
Get your setup ready on these merged and updated numbers:
๐ฏ Ideal entry point: between $0.3950 and $0.4190; buying from these levels gives us the best support point.
๐ Targets:
First target: $0.4313
Second target: $0.4767
Main target: $0.5593, the historical peak on the 4-hour chart.
โ Stop loss: Close a full 15-minute candle below $0.3850 because breaking this level completely invalidates the bounce scenario and shifts the larger timeframe to a downtrend.
โ ๏ธ In summary, guys: the merge shows us that the risk is quite low compared to the expected gains. Stick to the stop-loss and be cautious of market fluctuations.
#ALLO #USDT #ุชุญููู_ู ุฏู ุฌ #ุจููุงูุณ #Crypto #ุณูุงูุจููุฌ #Crypto_Trading #ุตููุงุช_ุงูููู #ุงูุชุญููู_ุงูููู