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$H 30m Price Chart Analysis: - I expect price to RISE in the short term, especially if support at 0.13365–0.13426 holds and bullish confirmation appears. The first target would be 0.13651, then a possible extension toward the 0.14113 swing high.
- A potential trade setup: Enter long on a bullish confirmation between 0.13365–0.13426, targeting 0.13651 and 0.14113. Place the stop-loss just below a local swing low or below 0.13053, where it’s clear the bullish structure is broken.
- If price dips into the 0.12852–0.12746 demand zone, look for a reversal pattern, liquidity grab, or strong momentum shift before considering a long entry.
- If price closes firmly below 0.12620, this would invalidate the bullish outlook and likely lead to a retest of lower levels like 0.12350.
- Remember to always wait for clear confirmation such as a pin bar, engulfing candle, or a trend reversal signal on lower timeframes before entering a trade.
💹 +5.2% Bull Run Alert on $OGN #OGNUSDT , what's next?
- Given the massive volume spike and swift move, this could be an exhaustion pump or the start of a breakout run. But since the overall trend is still bearish and price is consolidating below resistance, I expect some retracement or sideways movement before any sustained rally
- If you want to enter long, the ideal scenario is to wait for a dip toward 0.02650–0.02450, then see a bullish rejection (like a pin bar, bullish engulfing, or a sweep of a minor swing low followed by quick recovery). Only enter after confirmation—never chase here! - A riskier breakout long can be taken if price cleanly breaks and closes above 0.02772 on strong volume, with a first take profit at 0.02856, and second at 0.03100. Stop-loss should be placed below the recent swing low that led to the breakout
- If price fails to hold above 0.02700 and starts closing below 0.02650, bias shifts to more downside, targeting 0.02449 or even 0.02106
- The sustainability of this pump depends on follow-through volume and market structure. If the next 1-2 candles show weakness/rejection, this is likely a bull trap and not sustainable. Watch for lower timeframe reversal signals before considering any trade 📝 This is not investment advice, just an educational analysis. Be patient and wait for your confirmations—chasing pumps is risky! Always base your trade on clear price action signals and manage your risk carefully.
- Given the heavy bearish pressure and mixed indicator signals, I expect the price to first test liquidity below 0.2652. If there’s a strong rejection and bullish price action, a short-term bounce toward 0.2843 or 0.3086 is likely.
- However, if the support at 0.2652 or 0.2490 fails, expect a further move down toward 0.1948.
- For bulls, the best risk-reward comes from waiting for a sweep and reversal below recent lows. For bears, waiting for a failed rally towards 0.2843 or clear breakdown below 0.2490 could present opportunities.
- My bias will shift to bullish only if the price can reclaim and hold above 0.3086 with convincing volume and structure change.
$PIXEL 8h - With the strong bullish impulse and all momentum indicators firing bullish, I expect the price to attempt to retest the resistance at 0.01345 first, and if bulls sustain momentum, a move towards the most recent high at 0.01840 is possible.
- However, due to the sharpness of the move, I’d wait for a pullback to 0.01135. If price forms a clear reversal signal at this level (like a pin bar, bullish engulfing, or a structure break upwards on a lower timeframe), I would consider a long entry.
- Entry example: Wait for a pullback to 0.01135, then watch for a bullish pin bar or engulfing candle on the 1h or 2h chart as confirmation. Enter long if this appears, targeting 0.01345 and 0.01840. Stop-loss should go below the swing low of the pullback.
- If price instead sweeps above 0.01840 and quickly reverses with a big bearish candle, that’s a classic sign of a liquidity grab. In that case, a short with confirmation (like a bearish engulfing on lower timeframes) could target a move back down to 0.01345 and potentially 0.01135. Stop-loss above the recent swing high. - If price closes strongly above 0.01840 and holds, the bias should shift fully bullish, targeting higher uncharted levels. If price loses 0.01135 and breaks structure to the downside, I’d turn cautious on longs and look for deeper retracement setups. $PIXEL
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