Cryptobl0ck
1.4k Posts
Cryptobl0ck
Building the future, one block at a time. 🧱 Deep dives into $BTC, Altcoins, and Blockchain infrastructure. Stay ahead of the curve with data-driven insights.
10 Following
45 Followers
112 Liked
Posts
Smart money just broke above local resistance, leaving a clear path of buying liquidity.
I'm looking at the hourly chart for coin $AVAAI in this file 1000305926.jpg and the trend is strongly bullish. The price recently spiked to a high of $0.006333 and is now trading right near the peak. I noticed that the moving averages are trending up below the price candles, confirming a solid bullish market structure.
My trading plan is to wait for a clear pullback to enter from the new support zone. Since the larger timeframe trend is up, I'm setting up a long position from the immediate liquidity area. I expect buyers to defend this level before pushing higher to surpass the recent peak.
Here’s my detailed plan for this trade:
Trend: Buy (Long)
Entry Price: $0.006000
Stop Loss: $0.005600
First Target: $0.006400
Second Target: $0.006800
The calculations here follow a risk-to-reward ratio of 1:2. The distance from entry price to stop loss is exactly $0.000400, while the distance from entry to the second target is exactly $0.000800, which is double the risk. I'm keeping a close eye on this area while we wait for the pullback.
$AVAAI
I'm looking at the hourly chart for coin $AVAAI in this file 1000305926.jpg and the trend is strongly bullish. The price recently spiked to a high of $0.006333 and is now trading right near the peak. I noticed that the moving averages are trending up below the price candles, confirming a solid bullish market structure.
My trading plan is to wait for a clear pullback to enter from the new support zone. Since the larger timeframe trend is up, I'm setting up a long position from the immediate liquidity area. I expect buyers to defend this level before pushing higher to surpass the recent peak.
Here’s my detailed plan for this trade:
Trend: Buy (Long)
Entry Price: $0.006000
Stop Loss: $0.005600
First Target: $0.006400
Second Target: $0.006800
The calculations here follow a risk-to-reward ratio of 1:2. The distance from entry price to stop loss is exactly $0.000400, while the distance from entry to the second target is exactly $0.000800, which is double the risk. I'm keeping a close eye on this area while we wait for the pullback.
$AVAAI
Log in to explore more content