SOLUSDT has formed a bearish pattern on the 15min timeframe, with potential targets at 159 and 151.
I wouldn’t take a short entry here. Instead, I’ll wait for a bounce. Shorting now would be a counter-trade.
I’ve drawn a possible bounce zone, with a good entry point around the shorters’ TP2 at 151.
Another scenario involves a liquidity sweep before dropping to TP2, which would indicate a stronger bearish move.
The last possibility is a break above the liquidity sweep area, followed by consolidation and either a new high or a bullish structure formation. In that case, we could consider buying in that zone.
this is same scenario with doge but in 1hr time frame.
I wouldn’t take a short entry here. Instead, I’ll wait for a bounce. Shorting now would be a counter-trade.
I’ve drawn a possible bounce zone, with a good entry point around the shorters’ TP2 at 151.
Another scenario involves a liquidity sweep before dropping to TP2, which would indicate a stronger bearish move.
The last possibility is a break above the liquidity sweep area, followed by consolidation and either a new high or a bullish structure formation. In that case, we could consider buying in that zone.
this is same scenario with doge but in 1hr time frame.
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.
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.