$AVGOB #AVGO If this round only keeps one observation price, I would choose 364.685. Current price 362.59, 1 hour +0.03%, 24 hours -2.07%. The gain/loss around the central axis can help filter out a lot of intraday noise.
As long as the price stays above 364.685, it suggests pullbacks are still controlled by the bulls. The next target is to test the pressure at 370.18. If the price falls back below the central axis, the earlier strength would be discounted, and you should also prevent further movement back toward 359.19.
Currently, 1 hour +0.03% and 24 hours -2.07%. The two timeframes have not formed a sufficiently clear same-direction alignment. In a range-bound market, the tolerance for chasing or cutting is lower. It’s more suitable to confirm direction with the upper boundary and confirm follow-through/holding with the lower boundary. The central axis is only used as the line separating strength from weakness.
My scenario analysis is not a single-bet on one direction. If price breaks above 370.18 and can hold, it means the upside space is reopened; if it breaks below 359.19 and fails to retest, it indicates the structure weakens further. If it trades between the two, continue to observe how it closes on either side of 364.685.
Position management should distinguish between swing (mid-term) and short-term trades. For existing swing positions, first assess whether the structure is damaged—don’t be repeatedly swayed by a single 1-hour candlestick. Short-term positions should be executed around support, resistance, and closing confirmations. If you’re currently in cash, you don’t need to chase price in the middle of the range; waiting for a clearer level is usually more advantageous.
If the next 1-hour candle closes above 364.685, the structure will become more proactive; if it closes below, remain cautious. Which of these paths are you leaning toward?
#RippleLobbiesToAdvanceCLARITYActVote
As long as the price stays above 364.685, it suggests pullbacks are still controlled by the bulls. The next target is to test the pressure at 370.18. If the price falls back below the central axis, the earlier strength would be discounted, and you should also prevent further movement back toward 359.19.
Currently, 1 hour +0.03% and 24 hours -2.07%. The two timeframes have not formed a sufficiently clear same-direction alignment. In a range-bound market, the tolerance for chasing or cutting is lower. It’s more suitable to confirm direction with the upper boundary and confirm follow-through/holding with the lower boundary. The central axis is only used as the line separating strength from weakness.
My scenario analysis is not a single-bet on one direction. If price breaks above 370.18 and can hold, it means the upside space is reopened; if it breaks below 359.19 and fails to retest, it indicates the structure weakens further. If it trades between the two, continue to observe how it closes on either side of 364.685.
Position management should distinguish between swing (mid-term) and short-term trades. For existing swing positions, first assess whether the structure is damaged—don’t be repeatedly swayed by a single 1-hour candlestick. Short-term positions should be executed around support, resistance, and closing confirmations. If you’re currently in cash, you don’t need to chase price in the middle of the range; waiting for a clearer level is usually more advantageous.
If the next 1-hour candle closes above 364.685, the structure will become more proactive; if it closes below, remain cautious. Which of these paths are you leaning toward?
#RippleLobbiesToAdvanceCLARITYActVote
