$BTC is still trading within the range and, as we predicted, continues to show very choppy price action.
Altcoins are definitely more interesting to trade, but be careful: at this stage, I prefer quick scalps. What really makes the difference is a careful selection of set-ups and, above all, the right timing. Thereโs no need to force it: choose a few opportunities, but make sure theyโre high-quality ones.
๐น Market Structure: DYDX has been in a long-term downtrend, but the structure is showing signs of a potential reversal. Price has broken above the descending trendline and is now testing a major resistance zone around $0.15โ$0.16.
๐น Key Resistance: โข $0.15โ$0.16 โ Major resistance / breakout zone โข $0.20 โ First major upside target โข $0.25 โ Next resistance โข $0.28โ$0.30 โ Major long-term target zone
๐น Key Support: โข $0.135โ$0.14 โ Immediate support โข $0.11โ$0.12 โ Stronger support โข $0.09โ$0.10 โ Major downside support
๐ BULLISH SCENARIO: A strong 3D candle close above $0.16 could confirm a breakout from the current accumulation/range zone.
๐ TRADE INVALIDATION PLAN: โข Do NOT treat a wick below support as automatic invalidation. โข Bullish setup remains valid while price holds the $0.135โ$0.14 support zone. โข A decisive 3D close below ~$0.135 weakens the breakout thesis. โข A 3D close below ~$0.11 would invalidate the broader bullish reversal structure shown on this chart. โข If invalidation occurs, avoid averaging down blindly; reassess the market structure before considering a new position.
โ ๏ธ BEARISH SCENARIO: If DYDX gets rejected from $0.15โ$0.16 and loses $0.135, price could revisit the $0.11โ$0.12 support zone.
๐ KEY CONFIRMATION: 3D close above $0.16 = breakout confirmation. 3D close below $0.135 = bullish setup significantly weakened. 3D close below $0.11 = broader bullish thesis invalidated.
๐ RISK MANAGEMENT: Define the invalidation level before entering the trade and size the position according to the amount you are willing to lose. Avoid using excessive leverage around the breakout.
๐ Setup: STABLE/USDT 4H chart par descending trendline ko test kar raha hai. 0.0262โ0.0266 zone ke upar strong 4H breakout aur candle close bullish continuation ka signal de sakta hai.
โ ๏ธ Agar trendline se rejection milta hai, to 0.0237 important support/SL zone hai.
Wait for confirmation + volume before entry. Always manage risk according to your own strategy.
๐ Setup: STABLE/USDT 4H chart par descending trendline ko test kar raha hai. 0.0262โ0.0266 zone ke upar strong 4H breakout aur candle close bullish continuation ka signal de sakta hai.
โ ๏ธ Agar trendline se rejection milta hai, to 0.0237 important support/SL zone hai.
Wait for confirmation + volume before entry. Always manage risk according to your own strategy.
CHILLGUY currently 0.01431 ke around trade kar raha hai. 4H chart par price ek important resistance/supply zone ke neeche consolidate kar raha hai, while lower side se ascending trendline support mil raha hai.
๐น Key Resistance Zone: 0.01440 โ 0.01473 ๐น Current Price: ~0.01431 ๐น Trendline Support: ~0.0140 area ๐น Major Support: ~0.01290
๐ Bullish Scenario: Agar 4H candle 0.01473 ke upar strong close deti hai aur breakout sustain hota hai, to upside continuation possible ho sakti hai.
๐ Invalidation / Risk Level: Agar price ascending trendline ko lose karta hai aur 0.01290 ke below sustain karta hai, to bullish setup weak/invalid ho sakta hai.
๐ก Important: Resistance ke paas direct FOMO entry lene ke bajay breakout + retest confirmation ka wait karna comparatively safer approach ho sakta hai.
โ ๏ธ This is a technical-analysis setup, not financial advice. Always manage your risk and position size.