The bears just got liquidated in a single candle. 💀
Look at $HIGH
After months of grinding at the bottom, we just saw a +294% vertical rip on the weekly timeframe. The sweep of the 0.0682 liquidity zone was the ultimate trap, and now the market is in full-scale discovery mode. 🚀
Most traders are terrified to enter here, and the ones who shorted the "overbought" RSI are currently becoming exit liquidity. 📉
The Strategy:
The momentum is undeniable, but chasing a vertical line is suicide. The price has reclaimed the old consolidation zone (yellow box around 0.35 - 0.40). I am watching for a structural retest of that level to turn it into rock-solid support. Once that flip is confirmed, the next targets are the old supply levels at 0.7000 and 0.8000, with the ultimate goal being the $1.00 psychological level.
I’m staying patient. I don't buy green candles; I buy the retest of the breakout.
If this post gets 100 likes and the comments hit "HIGH," I’ll leak the exact daily timeframe entry triggers I’m watching for the next leg up. 🤝
The market rewards the bold, but it only pays the disciplined. 👀
#HIGH #CryptoAnalysis #altcoins #TradingSignals #Breakout
Look at $HIGH
After months of grinding at the bottom, we just saw a +294% vertical rip on the weekly timeframe. The sweep of the 0.0682 liquidity zone was the ultimate trap, and now the market is in full-scale discovery mode. 🚀
Most traders are terrified to enter here, and the ones who shorted the "overbought" RSI are currently becoming exit liquidity. 📉
The Strategy:
The momentum is undeniable, but chasing a vertical line is suicide. The price has reclaimed the old consolidation zone (yellow box around 0.35 - 0.40). I am watching for a structural retest of that level to turn it into rock-solid support. Once that flip is confirmed, the next targets are the old supply levels at 0.7000 and 0.8000, with the ultimate goal being the $1.00 psychological level.
I’m staying patient. I don't buy green candles; I buy the retest of the breakout.
If this post gets 100 likes and the comments hit "HIGH," I’ll leak the exact daily timeframe entry triggers I’m watching for the next leg up. 🤝
The market rewards the bold, but it only pays the disciplined. 👀
#HIGH #CryptoAnalysis #altcoins #TradingSignals #Breakout