Setting up a long trade on USELESS: the levels I’m watching
🟢 Long $USELESS /USDT: I expect the price to rise
Bias: Long · Strong
Entry: 0.1708903 – 0.1723697
TP1: 0.1843435 (+7.4%)
TP2: 0.1928191 (+12.3%)
TP3: 0.2055326 (+19.8%)
SL: 0.1546787 (-9.9%)
Plan: Enter only within the range, close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Why long? 6/12 signals agree, and none conflict.
• The hourly trend is bullish (price is above EMA50 and EMA200)
• Buyers are leading the move (15-minute ADX is 41.6)
• BTC is rising, and this coin is following it (correlation coefficient 0.63) Analysis:
The daily trend is moving sideways, while 6/12 signals favor a long position. The plan is to trade within the 0.1708903 – 0.1723697 range, take profits gradually at 0.1843435 and 0.1928191, and be patient for 0.2055326. A drop below 0.1546787 means the idea didn’t work out, and that’s when the stop loss does its job.
Will USELESS reach 0.1843435 first, or hit the stop loss?
The levels are marked on the chart below.
To trade, click here 👈🏻 $USELESS 👇🏻 Happy trading 🌟,
🟢 Long $USELESS /USDT: I expect the price to rise
Bias: Long · Strong
Entry: 0.1708903 – 0.1723697
TP1: 0.1843435 (+7.4%)
TP2: 0.1928191 (+12.3%)
TP3: 0.2055326 (+19.8%)
SL: 0.1546787 (-9.9%)
Plan: Enter only within the range, close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Why long? 6/12 signals agree, and none conflict.
• The hourly trend is bullish (price is above EMA50 and EMA200)
• Buyers are leading the move (15-minute ADX is 41.6)
• BTC is rising, and this coin is following it (correlation coefficient 0.63) Analysis:
The daily trend is moving sideways, while 6/12 signals favor a long position. The plan is to trade within the 0.1708903 – 0.1723697 range, take profits gradually at 0.1843435 and 0.1928191, and be patient for 0.2055326. A drop below 0.1546787 means the idea didn’t work out, and that’s when the stop loss does its job.
Will USELESS reach 0.1843435 first, or hit the stop loss?
The levels are marked on the chart below.
To trade, click here 👈🏻 $USELESS 👇🏻 Happy trading 🌟,
