🔱 SOL/USDT: The Probability in the Trident (Macro 1S) In the weekly chart, the probability analysis leans towards a technical bounce for the following reasons: Lower Line Support: The price has reached the lower blue band of Andrews' Trident, an area where historically the probability of buyers appearing is 80% before seeking the midpoint. Fibonacci Confluence: The level of 117.12 coincides with the 0.00\% of your drawn retracement, marking the beginning of a technical demand zone. Reversal Structure: The formation of a possible Double Bottom in this zone increases the statistical probability of a trend change from bearish to bullish. #Probability $SOL
how sad haha it's going to go up more there's another one higher up but I just want this one
Marlon Jannett anonimed
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Structure Guide: Highs and Lows with the HCH Pattern 📈 To be a profitable trader, you don't just look at the price; you look at the structure. Today we use this Head-Shoulders pattern in FORM/USDT as an example to understand how to identify trend exhaustion. 1. The Highs: Identifying the Ceiling In your chart, we see three clear peaks: Left Shoulder: The first high that establishes the initial resistance. Head: A higher high than the previous one, showing that buyers still have strength. Right Shoulder: Here is the key. This high is lower than the Head. This tells us that the bullish momentum is exhausting. 2. The Lows: The Critical Support Notice the line that connects the low points (the "neckline"): As long as the price respects the rising lows (the green dotted line in your image), the major trend remains bullish. Control Low: Your level of 0.3068 is vital. If the price creates a low below this, the structure officially changes from bullish to bearish. #FutureTarding #FORM
Structure Guide: Highs and Lows with the HCH Pattern 📈 To be a profitable trader, you don't just look at the price; you look at the structure. Today we use this Head-Shoulders pattern in FORM/USDT as an example to understand how to identify trend exhaustion. 1. The Highs: Identifying the Ceiling In your chart, we see three clear peaks: Left Shoulder: The first high that establishes the initial resistance. Head: A higher high than the previous one, showing that buyers still have strength. Right Shoulder: Here is the key. This high is lower than the Head. This tells us that the bullish momentum is exhausting. 2. The Lows: The Critical Support Notice the line that connects the low points (the "neckline"): As long as the price respects the rising lows (the green dotted line in your image), the major trend remains bullish. Control Low: Your level of 0.3068 is vital. If the price creates a low below this, the structure officially changes from bullish to bearish. #FutureTarding #FORM