If you are fading $AKE at this level, you are basically handing your money over to market makers.
I am watching clueless traders try to short this 1-hour consolidation, assuming the local peak is already in. They are completely blind to the macro higher-low sequence that just locked into place on this chart. This is a massive accumulation coil right before a violent break upward. I am heavily scale-buying into my own long position right here because the sell pressure is entirely non-existent. Missing this entry window will leave you chasing the green candles in pure agony once we clear 0.0004150.
My Personal Trade Setup:
• Entry Zone: 0.0003700 - 0.0003880
• Target 1: 0.0004150
• Target 2: 0.0004400
• Target 3: 0.0004800
• Stop Loss: 0.0003550
I am watching clueless traders try to short this 1-hour consolidation, assuming the local peak is already in. They are completely blind to the macro higher-low sequence that just locked into place on this chart. This is a massive accumulation coil right before a violent break upward. I am heavily scale-buying into my own long position right here because the sell pressure is entirely non-existent. Missing this entry window will leave you chasing the green candles in pure agony once we clear 0.0004150.
My Personal Trade Setup:
• Entry Zone: 0.0003700 - 0.0003880
• Target 1: 0.0004150
• Target 2: 0.0004400
• Target 3: 0.0004800
• Stop Loss: 0.0003550