POLUSDT has been trading inside a clean ascending channel ๐, respecting both support and resistance levels.
After a strong push upward, price is now pulling back toward the previous structure zone around 0.26 โ 0.27, which aligns perfectly with the lower bound of the channel.
This area forms a strong confluence (structure + channel support) ๐, making it an ideal spot to look for long opportunities. As long as this zone holds, bulls ๐ could regain control and push price toward the next resistance levels in the 0.32.
Patience here is key โณ โ waiting for confirmation before entering can set up a high-probability continuation trade.
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After a strong push upward, price is now pulling back toward the previous structure zone around 0.26 โ 0.27, which aligns perfectly with the lower bound of the channel.
This area forms a strong confluence (structure + channel support) ๐, making it an ideal spot to look for long opportunities. As long as this zone holds, bulls ๐ could regain control and push price toward the next resistance levels in the 0.32.
Patience here is key โณ โ waiting for confirmation before entering can set up a high-probability continuation trade.
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.