Three hourly plans on the card, ranked by how much I trust them:
1. $ALT has to travel 7.10% before it reaches the 0.008597–0.008742 area. Until then it is a level, not a trade. On $ALT , the stop is further away than the first target (0.82R) — I would want a better entry inside the zone before taking it seriously.
2. $EPIC 's TP1 offers less than the risk to the stop, 0.95 to 1. $EPIC 's invalidation at 0.2081 sits 3.5 ATRs below the zone. Size has to be smaller to keep the same risk.
3. Risk-to-reward to TP1 on $SOXSB is under one, at 0.18, so that is the weakest plan of the set on paper. Takers on $SOXSB have leaned to the buy side, 65% of 12-hour volume.
The backdrop is not helping: only 7.7% of spot USDT pairs are green.
1. $ALT has to travel 7.10% before it reaches the 0.008597–0.008742 area. Until then it is a level, not a trade. On $ALT , the stop is further away than the first target (0.82R) — I would want a better entry inside the zone before taking it seriously.
2. $EPIC 's TP1 offers less than the risk to the stop, 0.95 to 1. $EPIC 's invalidation at 0.2081 sits 3.5 ATRs below the zone. Size has to be smaller to keep the same risk.
3. Risk-to-reward to TP1 on $SOXSB is under one, at 0.18, so that is the weakest plan of the set on paper. Takers on $SOXSB have leaned to the buy side, 65% of 12-hour volume.
The backdrop is not helping: only 7.7% of spot USDT pairs are green.