Crypto (HOT/USDT) Long Setup (4H Timeframe)
🔍 Trading Plan
This is a long trade setup based on Elliott Wave analysis and key support/resistance levels.
📉 Trade Details
Entry: 0.002834
Price is near a strong demand zone and aligns with support at the Wave (4) level.
Stop-Loss : 0.002590
Positioned just below the demand zone to minimize risk.
Take Profit Targets:
Target 1 : 0.003415
This corresponds to the 1.0 Fibonacci extension of Wave (5).
Target 2 : 0.003914
The 1.618 Fibonacci extension of Wave (5), where a strong resistance zone is identified.
📊 Risk-Reward Ratio (RRR)
RRR: Approximately 1:3 to T1 and higher if T2 is reached.
🔔 Additional Notes
The setup is supported by a clean impulsive structure completing Wave (5) and retracing to a demand zone.
Good luck, and always manage risk carefully! 🚀 #CryptoTrading #HOTUSDT #TradingSetup
⚠️ Disclaimer
This analysis is for educational and informational purposes only and should not be considered financial advice. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. Always conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any trading decisions.
This is a long trade setup based on Elliott Wave analysis and key support/resistance levels.
📉 Trade Details
Entry: 0.002834
Price is near a strong demand zone and aligns with support at the Wave (4) level.
Stop-Loss : 0.002590
Positioned just below the demand zone to minimize risk.
Take Profit Targets:
Target 1 : 0.003415
This corresponds to the 1.0 Fibonacci extension of Wave (5).
Target 2 : 0.003914
The 1.618 Fibonacci extension of Wave (5), where a strong resistance zone is identified.
📊 Risk-Reward Ratio (RRR)
RRR: Approximately 1:3 to T1 and higher if T2 is reached.
🔔 Additional Notes
The setup is supported by a clean impulsive structure completing Wave (5) and retracing to a demand zone.
Good luck, and always manage risk carefully! 🚀 #CryptoTrading #HOTUSDT #TradingSetup
⚠️ Disclaimer
This analysis is for educational and informational purposes only and should not be considered financial advice. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. Always conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any trading decisions.
Feragatname
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