Alış
FTM/USDT
on a 2-hour timeframe, which includes multiple technical indicators and annotations that help with trend analysis and potential long-trade planning.
Key Observations:
Market Structure:
The chart has labeled “Break of Structure” (BOS) and “Change of Character” (CHoCH) points, indicating shifts in trend direction. Recently, the price has made a BOS on the downside, followed by a weak low around $0.5302, suggesting that the bearish momentum might be exhausting.
Support and Resistance Zones:
There’s a visible resistance zone at $0.7285 and another key resistance level around $0.6000, while support is near the recent low of $0.5302.
The red shaded areas represent resistance zones, while the green indicates potential support zones. The current price is trading close to a support area, which could serve as a potential entry point for a long trade if bullish signals strengthen.
Moving Averages:
The chart displays two moving averages (likely the 50 and 200-period averages). The price recently dropped below these moving averages, indicating bearish pressure. However, if the price reclaims these averages, it could signal a bullish reversal.
Relative Strength Index (RSI):
The RSI is shown below the main chart, with the current reading around 45.8, close to the oversold territory (usually below 30). If the RSI moves up from here, it could signal increasing buying pressure, supporting a potential long trade.
Long Trade Setup Analysis:
Given these observations, a potential long setup could be considered under the following conditions:
Entry Point: Around the current support level ($0.5712 or near the weak low at $0.5302). Entering here could capture a reversal if the price finds strong buying support.
Stop-Loss: Just below the weak low ($0.5302), to manage risk in case of further breakdown.
Take Profit Targets:
First Target: $0.6000, near the first major resistance.
Second Target: $0.6688, just below the next resistance zone.
Final Target: $0.7285, around the top of the strong resistance area.
Confirmation Signals:
Look for a bullish candlestick pattern near the support level (e.g., a hammer or bullish engulfing).
Ideally, the RSI should start moving upwards from the current levels to confirm buying pressure.
If the price crosses above the moving averages, it could further support the long trade.
Conclusion:
This setup suggests a cautious long trade from the current support level, with risk managed by a stop-loss below $0.5302 and targets up to $0.7285 if the price successfully reverses and gains momentum. Ensure to monitor for any bearish break below the support level, as this would invalidate the setup.
Key Observations:
Market Structure:
The chart has labeled “Break of Structure” (BOS) and “Change of Character” (CHoCH) points, indicating shifts in trend direction. Recently, the price has made a BOS on the downside, followed by a weak low around $0.5302, suggesting that the bearish momentum might be exhausting.
Support and Resistance Zones:
There’s a visible resistance zone at $0.7285 and another key resistance level around $0.6000, while support is near the recent low of $0.5302.
The red shaded areas represent resistance zones, while the green indicates potential support zones. The current price is trading close to a support area, which could serve as a potential entry point for a long trade if bullish signals strengthen.
Moving Averages:
The chart displays two moving averages (likely the 50 and 200-period averages). The price recently dropped below these moving averages, indicating bearish pressure. However, if the price reclaims these averages, it could signal a bullish reversal.
Relative Strength Index (RSI):
The RSI is shown below the main chart, with the current reading around 45.8, close to the oversold territory (usually below 30). If the RSI moves up from here, it could signal increasing buying pressure, supporting a potential long trade.
Long Trade Setup Analysis:
Given these observations, a potential long setup could be considered under the following conditions:
Entry Point: Around the current support level ($0.5712 or near the weak low at $0.5302). Entering here could capture a reversal if the price finds strong buying support.
Stop-Loss: Just below the weak low ($0.5302), to manage risk in case of further breakdown.
Take Profit Targets:
First Target: $0.6000, near the first major resistance.
Second Target: $0.6688, just below the next resistance zone.
Final Target: $0.7285, around the top of the strong resistance area.
Confirmation Signals:
Look for a bullish candlestick pattern near the support level (e.g., a hammer or bullish engulfing).
Ideally, the RSI should start moving upwards from the current levels to confirm buying pressure.
If the price crosses above the moving averages, it could further support the long trade.
Conclusion:
This setup suggests a cautious long trade from the current support level, with risk managed by a stop-loss below $0.5302 and targets up to $0.7285 if the price successfully reverses and gains momentum. Ensure to monitor for any bearish break below the support level, as this would invalidate the setup.
İşlem aktif
all targets done
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.