PAY 76854079
4 Posts
PAY 76854079
High-Frequency Trader
6.2 Years
24 Following
16 Followers
64 Liked
Posts
#GENIUSUSDT
🟢 LONG Trading Plan (The most likely and profitable play in the short term)
Due to the massive accumulation of shorts, it is not advisable to open a Long position now at 0.397, as it is still under resistance and could be pushed down again. The best play is to wait for the breakout confirmation.
📥 Entry Point (Long): Wait for the price to surpass 0.405 - 0.410 with a strong green candlestick and an increase in volume. From there, go Long.
· 🎯 Targets (Take Profit - TP):
· TP 1: 0.430 (Start of shorts' loss zone).
· TP 2: 0.444 - 0.45 (Equilibrium zone and entry point for current shorts. Strong resistance will be here).
· 🛑 Stop Loss (SL): 0.386 (Just below the minimum of the last 24h. If it breaks this, the squeeze play is lost).
🔴 SHORT Trading Plan (Playing the macro trend)
If you see the price trying to rise to 0.41 but fails to break and leaves a candlestick with a long wick upwards (rejection), that’s where we go short.
· 📥 Entry Point (Short): Rejection in the 0.405 - 0.415 zone. In other words, we enter just after the price fails to break the main resistance.
· 🎯 Targets (Take Profit - TP):
· TP 1: 0.386 (Minimum of 24h).
· TP 2: 0.350 (If the macro trend continues its course).
· 🛑 Stop Loss (SL): 0.425 (Above the key resistance. If it hits here, it means the Short Squeeze has been activated and it’s time to bail).
💡 Final Recommendation for Your Trading
· What’s the best thing to do right now? NO TRADES. Opening a position at 0.397 has a poor risk/reward ratio in both directions. If you enter now, the market could do a "stop hunt" (liquidity) in either direction.
· What play is more likely to happen? The Long if it breaks 0.41. The market always seeks to eliminate the majority, and 80% is short. If they manage to push up to 0.44, the 450k$ in profits for the whales will turn into massive losses, and they will have to buy to cover, sending the price to 0.50+.
🟢 LONG Trading Plan (The most likely and profitable play in the short term)
Due to the massive accumulation of shorts, it is not advisable to open a Long position now at 0.397, as it is still under resistance and could be pushed down again. The best play is to wait for the breakout confirmation.
📥 Entry Point (Long): Wait for the price to surpass 0.405 - 0.410 with a strong green candlestick and an increase in volume. From there, go Long.
· 🎯 Targets (Take Profit - TP):
· TP 1: 0.430 (Start of shorts' loss zone).
· TP 2: 0.444 - 0.45 (Equilibrium zone and entry point for current shorts. Strong resistance will be here).
· 🛑 Stop Loss (SL): 0.386 (Just below the minimum of the last 24h. If it breaks this, the squeeze play is lost).
🔴 SHORT Trading Plan (Playing the macro trend)
If you see the price trying to rise to 0.41 but fails to break and leaves a candlestick with a long wick upwards (rejection), that’s where we go short.
· 📥 Entry Point (Short): Rejection in the 0.405 - 0.415 zone. In other words, we enter just after the price fails to break the main resistance.
· 🎯 Targets (Take Profit - TP):
· TP 1: 0.386 (Minimum of 24h).
· TP 2: 0.350 (If the macro trend continues its course).
· 🛑 Stop Loss (SL): 0.425 (Above the key resistance. If it hits here, it means the Short Squeeze has been activated and it’s time to bail).
💡 Final Recommendation for Your Trading
· What’s the best thing to do right now? NO TRADES. Opening a position at 0.397 has a poor risk/reward ratio in both directions. If you enter now, the market could do a "stop hunt" (liquidity) in either direction.
· What play is more likely to happen? The Long if it breaks 0.41. The market always seeks to eliminate the majority, and 80% is short. If they manage to push up to 0.44, the 450k$ in profits for the whales will turn into massive losses, and they will have to buy to cover, sending the price to 0.50+.
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