$C
🚨 The rocket has launched, but now it’s slowing down—where to enter on the pullback?
After a powerful impulsive breakout through key levels (BOS) and an update of the highs (HH) across higher and lower timeframes (4h, 1h, 15m), a steady uptrend remains intact.
However, a sharp rise is always followed by a deep pullback.
Right now, the price has moved into a natural local correction after testing the overbought zone. The key support for building positions in line with the trend is in the area of a strong hourly Order Block and FVG within the range 0.0710 – 0.0745.
Entry Zone: 0.0715 – 0.0740 (entering a long position when the corrective decline is complete)
TP: 0.0850 / 0.0920 (liquidity sweep at local highs and updating peaks)
SL: 0.0695 (below the support boundary and the key structure-break level)
#cryptotrading #BinanceSquare #TechnicalAnalysis
🚨 The rocket has launched, but now it’s slowing down—where to enter on the pullback?
After a powerful impulsive breakout through key levels (BOS) and an update of the highs (HH) across higher and lower timeframes (4h, 1h, 15m), a steady uptrend remains intact.
However, a sharp rise is always followed by a deep pullback.
Right now, the price has moved into a natural local correction after testing the overbought zone. The key support for building positions in line with the trend is in the area of a strong hourly Order Block and FVG within the range 0.0710 – 0.0745.
Entry Zone: 0.0715 – 0.0740 (entering a long position when the corrective decline is complete)
TP: 0.0850 / 0.0920 (liquidity sweep at local highs and updating peaks)
SL: 0.0695 (below the support boundary and the key structure-break level)
#cryptotrading #BinanceSquare #TechnicalAnalysis