Many people are just guessing when they enter a trade, and in the end, their Stop Loss (SL) is hit or they are liquidated. However, the person who analyzes the market carefully and waits for a clear setup gets rewarded.
This was my previous analysis that I shared with you all. When $WLFI was retesting after a breakout, no one was talking about it, but I was watching it closely. That's why I observed this beautiful setup and shared it with you in a timely manner.
I will continue working and providing these types of setups to you all, so stay updated! Happy Trading!"
$WLFI Next Move Analysis And Potential Trade Opportunity Alert ‼️ Looking Hot Today Breakout Momentum 🚀.
As We See 👀 On Chart $WLFI Gives A Strong Breakout Above The Channel Pattern After Long Consolidation And Currently Retesting That Same Trendline Good Time For Entering !
Bitcoin Once Again Rejected From The Horizontal Resistance zone Of The Ascending Triangle And Is Currently Trading Above The Support, Where We Have Seen Several Bounces, Indicating That It Is A Strong Support Level.✅
However, It Has Also Faced Multiple Rejections At The Same Resistance Zone.
We Need To Wait For A Breakout Or Breakdown To Determine Bitcoin's Next Direction 👍!...
The chart looks pretty good just broke above Falling Wedge pattern which is a bullish pattern and also formed higher low which support the buy momentum.
I am adding some on my spot bag 💰.
Potential Targets 🎯 : $0.18 - $0.20
Remember it is a daily chart so takes some days so patience Is Key 👍!...
📉 $FIL /USDT: Is Filecoin Oversold? Time for a Swing Long‼️
$FIL is flashing a massive OVERSOLD signal on the 4H chart. The price is challenging the lower Bollinger Band at 1.306 and the RSI is deeply depressed at ~24. This could be the perfect trap for late shorts!
👉 My Swing Long Trade Setup (4H)
Entry Zone: $1.300 - $1.340 (Entering near the lower Bollinger Band support).
Target 1 (MB): $1.44 (Mid-Band resistance).
Target 2 (UP): $1.58 (Upper Bollinger Band).
Stop Loss: $1.280 (A decisive close below the lower BB, signalling a breakdown).
Why I'm Bullish: Extreme oversold condition (RSI < 30) often leads to a short-term relief rally. Wait for a confirmation green candle before entry!
I plan to add $ADA in the $0.40 to $0.38 support zone.
Following the breakdown below the support line, $ADA is currently consolidating. I anticipate a slight further downside move toward the $0.40 to $0.38 demand zone before a recovery.
I am setting a buy limit order in that demand zone and waiting for this pullback!...