📢
$ALT / $USDT | 🟢 LONG | ⭐ 75.7%
🎯 Goal: $0.00707. Does it make it?
🎯 Trade levels:
🟢 Entry: $0.00682
🛑 Stop Loss: $0.00667
🏁 TP1: $0.00707
🏁 TP2: $0.00712
🏁 TP3: $0.00722
📈 Analysis:
The asset
$ALT shows a bullish alignment across all timeframes with an ADX of 73.82, confirming a high-intensity uptrend. The market structure maintains a clear buy absorption above the VAH (volume profile high) of $0.0068056, while the 20, 50, and 200 EMAs uphold the bullish momentum despite local consolidation.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis is invalidated if the price breaks through the stop loss at $0.00667, nullifying the structure of higher highs. It’s essential to monitor the breakout volume above the immediate resistance of $0.00691 to confirm the continuation of the move.
Do you think the current volume will be enough to break through the $0.00691 resistance?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #ALT #trading #Futures #Bullish