📊 Daily Chart Structure
1. Daily Candlesticks
- Each candle = 1 complete day.
- Wicks show extremes (high/low), the body reflects the open and close.
- Ideal for analyzing support/resistance zones over several weeks.
2. Key Indicators
- MA50 (50-day moving average): intermediate trend.
- MA200 (200-day moving average): long-term trend.
- RSI (14 days): neutrality around 50, oversold <30, overbought >70.
- MACD (12,26,9): momentum and bullish/bearish crossovers.
3. Zones to Chart
- Major Support: 4,200–4,300 USD → progressive buy entry zone (DCA).
- Key Resistance: 4,450–4,500-4700USD → partial exit zone / profit-taking.
- Invalidating: below 4,180 USD → exit to limit losses.
---
🧭 Proposed Daily Strategy
Level | Action | Technical Condition
1. 4,200–4,300 USD | DCA Entry | Rejection Candlesticks + RSI 40–55
2. 4,450 USD | Breakout Entry | Daily close + bullish volume |
3. 4,450–4,500-4600-4700 USD | Partial TP | RSI >65 + rejection signals |
4. 4,180 USD | Stop / Exit | Daily close below support
#PAXG $PAXG
Don't forget to follow me and leave a like
And leave your opinion in the comments
1. Daily Candlesticks
- Each candle = 1 complete day.
- Wicks show extremes (high/low), the body reflects the open and close.
- Ideal for analyzing support/resistance zones over several weeks.
2. Key Indicators
- MA50 (50-day moving average): intermediate trend.
- MA200 (200-day moving average): long-term trend.
- RSI (14 days): neutrality around 50, oversold <30, overbought >70.
- MACD (12,26,9): momentum and bullish/bearish crossovers.
3. Zones to Chart
- Major Support: 4,200–4,300 USD → progressive buy entry zone (DCA).
- Key Resistance: 4,450–4,500-4700USD → partial exit zone / profit-taking.
- Invalidating: below 4,180 USD → exit to limit losses.
---
🧭 Proposed Daily Strategy
Level | Action | Technical Condition
1. 4,200–4,300 USD | DCA Entry | Rejection Candlesticks + RSI 40–55
2. 4,450 USD | Breakout Entry | Daily close + bullish volume |
3. 4,450–4,500-4600-4700 USD | Partial TP | RSI >65 + rejection signals |
4. 4,180 USD | Stop / Exit | Daily close below support
#PAXG $PAXG
Don't forget to follow me and leave a like
And leave your opinion in the comments
