📢 $NOW / $USDT | 🟢 LONG | ⭐ 65.1%
🎯 Objective: $147.76. Will it make it?
🎯 Trading levels:
🟢 Entry: $144.22
🛑 Stop Loss: $142.10
🏁 TP1: $147.76
🏁 TP2: $148.46
🏁 TP3: $149.88
📈 Analysis:
The asset $NOW shows a bullish multi-timeframe alignment, with an ADX of 42.72 confirming a trend with solid structural strength. The technical confluence is supported by a confirmed triple bottom pattern and a buy absorption (BUY_ABSORPTION), keeping the price above the EMA20 (20-period exponential moving average) and the EMA50, which reinforces the current bullish bias. The RSI at 68.93 shows bullish momentum without yet entering extreme overbought conditions, validating the continuation of the move toward the immediate resistance zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 5/5
The thesis is invalidated if the price breaks through the stop loss level at $142.10, which would nullify the recent support structure. The success of this entry depends on maintaining candle closes above the VAH (Value Area High) at $144.54 to confirm the breakout of the nearby resistance.
Do you think the current volume is enough to break the resistance at $145.91 in the short term?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #NOW #trading #Futures #Bullish
🎯 Objective: $147.76. Will it make it?
🎯 Trading levels:
🟢 Entry: $144.22
🛑 Stop Loss: $142.10
🏁 TP1: $147.76
🏁 TP2: $148.46
🏁 TP3: $149.88
📈 Analysis:
The asset $NOW shows a bullish multi-timeframe alignment, with an ADX of 42.72 confirming a trend with solid structural strength. The technical confluence is supported by a confirmed triple bottom pattern and a buy absorption (BUY_ABSORPTION), keeping the price above the EMA20 (20-period exponential moving average) and the EMA50, which reinforces the current bullish bias. The RSI at 68.93 shows bullish momentum without yet entering extreme overbought conditions, validating the continuation of the move toward the immediate resistance zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 5/5
The thesis is invalidated if the price breaks through the stop loss level at $142.10, which would nullify the recent support structure. The success of this entry depends on maintaining candle closes above the VAH (Value Area High) at $144.54 to confirm the breakout of the nearby resistance.
Do you think the current volume is enough to break the resistance at $145.91 in the short term?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #NOW #trading #Futures #Bullish
