๐ข $CRM / $USDT | ๐ข LONG | โญ 71.5%
๐ฏ Goal: $260.74. Does it hit?
๐ฏ Trading levels:
๐ข Entry: $256.45
๐ Stop Loss: $253.88
๐ TP1: $260.74
๐ TP2: $261.60
๐ TP3: $263.31
๐ Analysis:
The market structure of $CRM shows a complete bullish alignment across all timeframes, supported by an ADX of 30.67 (indicating a trend with consolidated strength). We see a confirmed triple-bottom pattern with buy absorption and a bullish MACD cross (an indicator of momentum that measures trend strength), suggesting a continuation of the move toward the VAH at $261.28.
โ๏ธ Risk/Reward: 1:1.67
โฑ๏ธ Timeframe: 1H
๐ Technical Confidence: 5/5
The invalidation level is set below the technical support at $253.88, protecting the structure of higher highs. The thesis remains valid as long as price holds the entry support, with special attention to a break above the immediate resistance at $259.66 to seek an extension toward the targets.
Do you think the current volume is enough to break the resistance of $259.66 in the short term?
#crypto #CRM #trading #Futures #Bullish
๐ฏ Goal: $260.74. Does it hit?
๐ฏ Trading levels:
๐ข Entry: $256.45
๐ Stop Loss: $253.88
๐ TP1: $260.74
๐ TP2: $261.60
๐ TP3: $263.31
๐ Analysis:
The market structure of $CRM shows a complete bullish alignment across all timeframes, supported by an ADX of 30.67 (indicating a trend with consolidated strength). We see a confirmed triple-bottom pattern with buy absorption and a bullish MACD cross (an indicator of momentum that measures trend strength), suggesting a continuation of the move toward the VAH at $261.28.
โ๏ธ Risk/Reward: 1:1.67
โฑ๏ธ Timeframe: 1H
๐ Technical Confidence: 5/5
The invalidation level is set below the technical support at $253.88, protecting the structure of higher highs. The thesis remains valid as long as price holds the entry support, with special attention to a break above the immediate resistance at $259.66 to seek an extension toward the targets.
Do you think the current volume is enough to break the resistance of $259.66 in the short term?
#crypto #CRM #trading #Futures #Bullish
