Trenchbase
65 Posts
Trenchbase
Frequent Trader
8.6 Years
8 Following
32 Followers
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For those who don't know how to do it: if you close Binance, the doors to Italy—I've downloaded the app from the Play Store or from the link below. It's a DEX where we can also do trading on perps (which is impossible on Binance for Italians). It runs on Hyperliquid and I have to say I'm really doing well with it. Soon they should add the functionality for bank transfers to Italian bank accounts, but in the meantime, if I need to withdraw, I send USDC to Binance, convert it to EUR, and then I make the bank transfer..
I'll leave the referral link to receive rewards and reduce fees 🚀🚀
https://based.one/r/WQ86S4KL
#MiCARegulation
I'll leave the referral link to receive rewards and reduce fees 🚀🚀
https://based.one/r/WQ86S4KL
#MiCARegulation
$BASED does anyone know why in one night we went from 7k to 21k holders but nothing happened? is it a bug? please explain to me
$BASED be careful that when it ranges at a resistance level multiple times, it often gets smashed down hard; I wouldn't be too convinced about a short...
$HYPE The Concept: The upper band represents an overextended or "expensive" price relative to the moving average. When a candle pierces or closes outside the upper Bollinger Band, it signals that the asset is trading at an extreme statistical variance (usually 2 standard deviations from the mean).
Application to your trade: The price aggressively pushed up and closed right against/outside the upper blue band. This indicates a high probability of a "mean reversion"—meaning the price is stretched too thin and is due to pull back toward the middle orange line (the 20-period moving average).
2. RSI Divergence (Relative Strength Index)
The RSI is a momentum oscillator that tracks the speed and change of price movements.
The Concept: A regular Bearish Divergence occurs when the price makes a higher high, but the RSI indicator makes a lower high. This tells you that even though the price is technically going up, the underlying buying momentum is actually weakening.
Application to your trade: If you look at the recent peaks on your chart, the price made a strong push upward to create a new high (around 57.42). However, looking down at your RSI (currently at 69.55), the momentum peak is lower than the massive momentum spike seen earlier in the trend. The buyers are losing steam.
Application to your trade: The price aggressively pushed up and closed right against/outside the upper blue band. This indicates a high probability of a "mean reversion"—meaning the price is stretched too thin and is due to pull back toward the middle orange line (the 20-period moving average).
2. RSI Divergence (Relative Strength Index)
The RSI is a momentum oscillator that tracks the speed and change of price movements.
The Concept: A regular Bearish Divergence occurs when the price makes a higher high, but the RSI indicator makes a lower high. This tells you that even though the price is technically going up, the underlying buying momentum is actually weakening.
Application to your trade: If you look at the recent peaks on your chart, the price made a strong push upward to create a new high (around 57.42). However, looking down at your RSI (currently at 69.55), the momentum peak is lower than the massive momentum spike seen earlier in the trend. The buyers are losing steam.
$AAVE 1. Interaction with the Lower Bollinger Band
The chart uses Bollinger Bands (20, 2) as seen in the top left indicator panel (BB 20 2).
Oversold Territory: The price has been in a sustained downtrend, riding down the lower Bollinger Band. Just before your entry, the candlesticks hit and began consolidating right at or slightly below the lower band (86.483).
Mean Reversion: In trading, prices touching or breaking outside the lower Bollinger Band are often considered statistically oversold, suggesting a high probability of a bounce back toward the basis/middle moving average (the orange line at 88.696).
2. Horizontal Support & Price Consolidation
The "Floor" Effect: After a sharp drop from the $100+ area, the aggressive selling pressure stopped. The recent candles started forming a horizontal base (flat consolidation) around the $87.00 - $87.80 zone.
Seller Exhaustion: The smaller bodies of the recent candlesticks indicate that the bearish momentum was losing steam, providing a safer, low-risk entry point with a tight potential stop-loss just below the recent swing low.
3. RSI (Relative Strength Index) Context
Looking at the RSI (14) at the bottom of the chart, it is currently sitting at 39.43.
While not deeply under 30 (the traditional oversold threshold), the RSI shows that the asset has been thoroughly reset from its previous highs. More importantly, the RSI line is beginning to flatten out and curve slightly upward, mimicking the price stabilization and hinting at a local momentum shift.
Summary of the Setup
The Strategy: This looks like a classic mean-reversion / support-bounce play. You bought the asset at a major local discount, betting that the selling pressure is exhausted and the price will rally back up to test the middle Bollinger Band (orange line)
The chart uses Bollinger Bands (20, 2) as seen in the top left indicator panel (BB 20 2).
Oversold Territory: The price has been in a sustained downtrend, riding down the lower Bollinger Band. Just before your entry, the candlesticks hit and began consolidating right at or slightly below the lower band (86.483).
Mean Reversion: In trading, prices touching or breaking outside the lower Bollinger Band are often considered statistically oversold, suggesting a high probability of a bounce back toward the basis/middle moving average (the orange line at 88.696).
2. Horizontal Support & Price Consolidation
The "Floor" Effect: After a sharp drop from the $100+ area, the aggressive selling pressure stopped. The recent candles started forming a horizontal base (flat consolidation) around the $87.00 - $87.80 zone.
Seller Exhaustion: The smaller bodies of the recent candlesticks indicate that the bearish momentum was losing steam, providing a safer, low-risk entry point with a tight potential stop-loss just below the recent swing low.
3. RSI (Relative Strength Index) Context
Looking at the RSI (14) at the bottom of the chart, it is currently sitting at 39.43.
While not deeply under 30 (the traditional oversold threshold), the RSI shows that the asset has been thoroughly reset from its previous highs. More importantly, the RSI line is beginning to flatten out and curve slightly upward, mimicking the price stabilization and hinting at a local momentum shift.
Summary of the Setup
The Strategy: This looks like a classic mean-reversion / support-bounce play. You bought the asset at a major local discount, betting that the selling pressure is exhausted and the price will rally back up to test the middle Bollinger Band (orange line)
$BASED We're close to the take profit :) the power of the RSI is unmatched, the simplest indicators for easier trading..
Trenchbase
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Bullish$BASED "I am buying this token because it is currently showing a clear bullish RSI divergence on the 1 hour chart. While the price action has carved out a lower low (or is flattening out at key support), the RSI has formed a noticeable higher low.
Furthermore, the RSI is currently sitting in oversold territory at 26.81, which suggests the immediate selling pressure is exhausted. With the price hovering right around a major support level ($0.0713), this divergence signals a high-probability trend reversal or at least a strong relief bounce in the near term."
Breakdown of Key Terms Used
If you want to discuss this further with others, here are the exact English terms for what is happening on your chart:
Bullish Divergence: When the price makes a lower low, but the indicator (RSI) makes a higher low.
Oversold: When the RSI drops below 30 (your chart shows 26.81, which heavily confirms this).
Support Level: The horizontal lines you have drawn. The price is currently testing the $0.0713 support zone.
Relief Bounce / Reversal: The expected upward move after a heavy downtrend.
Furthermore, the RSI is currently sitting in oversold territory at 26.81, which suggests the immediate selling pressure is exhausted. With the price hovering right around a major support level ($0.0713), this divergence signals a high-probability trend reversal or at least a strong relief bounce in the near term."
Breakdown of Key Terms Used
If you want to discuss this further with others, here are the exact English terms for what is happening on your chart:
Bullish Divergence: When the price makes a lower low, but the indicator (RSI) makes a higher low.
Oversold: When the RSI drops below 30 (your chart shows 26.81, which heavily confirms this).
Support Level: The horizontal lines you have drawn. The price is currently testing the $0.0713 support zone.
Relief Bounce / Reversal: The expected upward move after a heavy downtrend.
$TON Trade Setup: TON/USDT (1-Hour Timeframe)
Strategy: Bullish RSI Divergence
Order Type: Buy Limit / Buy Market (depending on current price action at the trigger zone)
Technical Rationale
Timeframe: 1-Hour (H1)
Market Structure: The price has been making lower lows, indicating a short-term bearish trend.
Indicator (RSI - 14): While the price action printed a lower low, the Relative Strength Index (RSI) formed a higher low in the oversold territory (below 30). This creates a Classic Bullish Divergence, signaling that the downward momentum is fading and a bullish reversal is highly probable.
TP 2.04
Strategy: Bullish RSI Divergence
Order Type: Buy Limit / Buy Market (depending on current price action at the trigger zone)
Technical Rationale
Timeframe: 1-Hour (H1)
Market Structure: The price has been making lower lows, indicating a short-term bearish trend.
Indicator (RSI - 14): While the price action printed a lower low, the Relative Strength Index (RSI) formed a higher low in the oversold territory (below 30). This creates a Classic Bullish Divergence, signaling that the downward momentum is fading and a bullish reversal is highly probable.
TP 2.04
$BASED "I am buying this token because it is currently showing a clear bullish RSI divergence on the 1 hour chart. While the price action has carved out a lower low (or is flattening out at key support), the RSI has formed a noticeable higher low.
Furthermore, the RSI is currently sitting in oversold territory at 26.81, which suggests the immediate selling pressure is exhausted. With the price hovering right around a major support level ($0.0713), this divergence signals a high-probability trend reversal or at least a strong relief bounce in the near term."
Breakdown of Key Terms Used
If you want to discuss this further with others, here are the exact English terms for what is happening on your chart:
Bullish Divergence: When the price makes a lower low, but the indicator (RSI) makes a higher low.
Oversold: When the RSI drops below 30 (your chart shows 26.81, which heavily confirms this).
Support Level: The horizontal lines you have drawn. The price is currently testing the $0.0713 support zone.
Relief Bounce / Reversal: The expected upward move after a heavy downtrend.
Furthermore, the RSI is currently sitting in oversold territory at 26.81, which suggests the immediate selling pressure is exhausted. With the price hovering right around a major support level ($0.0713), this divergence signals a high-probability trend reversal or at least a strong relief bounce in the near term."
Breakdown of Key Terms Used
If you want to discuss this further with others, here are the exact English terms for what is happening on your chart:
Bullish Divergence: When the price makes a lower low, but the indicator (RSI) makes a higher low.
Oversold: When the RSI drops below 30 (your chart shows 26.81, which heavily confirms this).
Support Level: The horizontal lines you have drawn. The price is currently testing the $0.0713 support zone.
Relief Bounce / Reversal: The expected upward move after a heavy downtrend.
$WCT Long Analysis: Bullish RSI Divergence
This trade highlights a classic momentum reversal pattern on WCT-USDC.
Divergence Setup: While the price keeps hitting new lows (Lower Lows), the 14-period RSI indicator shows an upward trajectory (Higher Lows), signaling that the selling pressure is running out.
Technical Confluence: The buy signal (point B) occurs in an extreme oversold zone, with the price piercing through the lower Bollinger Band, suggesting an imminent return towards the mean.
Operational Levels: The Long entry is set at 0.063992, with a primary target (Take Profit) identified at the volume resistance level of 0.069761.
Trend Structure: This trade aims to capture the technical bounce after a phase of "panic selling," seeking the recovery of the 20-period Moving Average (orange line).
This trade highlights a classic momentum reversal pattern on WCT-USDC.
Divergence Setup: While the price keeps hitting new lows (Lower Lows), the 14-period RSI indicator shows an upward trajectory (Higher Lows), signaling that the selling pressure is running out.
Technical Confluence: The buy signal (point B) occurs in an extreme oversold zone, with the price piercing through the lower Bollinger Band, suggesting an imminent return towards the mean.
Operational Levels: The Long entry is set at 0.063992, with a primary target (Take Profit) identified at the volume resistance level of 0.069761.
Trend Structure: This trade aims to capture the technical bounce after a phase of "panic selling," seeking the recovery of the 20-period Moving Average (orange line).
$2Z Setup Ready! 🚀 Trade Alert for SELL
RSI divergence on the 4H chart just flashed. It's time to act.
✅ Entry: 0.10131
❌ SL: 0.107
🎯 TP Targets: Revealed on our TG channel.
Stop guessing and start trading with a strategy. Join our 100% FREE signal group! Link in bio. 👇
RSI divergence on the 4H chart just flashed. It's time to act.
✅ Entry: 0.10131
❌ SL: 0.107
🎯 TP Targets: Revealed on our TG channel.
Stop guessing and start trading with a strategy. Join our 100% FREE signal group! Link in bio. 👇
$AERO 🔴 SHORT (Bearish Divergence)
Title: The Trap Avoided! 🚨
Logic: Price hit Higher Highs, but RSI was dropping (Lower Highs). The rally was a fakeout. 📈➡️📉
Result: We shorted the top while others got trapped. 🎯
🧠 Trade with logic, not FOMO. Get my next signal FREE.
👇 TG link in Bio!
Title: The Trap Avoided! 🚨
Logic: Price hit Higher Highs, but RSI was dropping (Lower Highs). The rally was a fakeout. 📈➡️📉
Result: We shorted the top while others got trapped. 🎯
🧠 Trade with logic, not FOMO. Get my next signal FREE.
👇 TG link in Bio!
$AERO Setup Ready! 🚀 Trade Alert for SELL
RSI divergence on the M15 chart just flashed. It's time to act.
✅ Entry: 0.5135
❌ SL: 0.543
🎯 TP Targets: Revealed on our TG channel.
Stop guessing and start trading with a strategy. Join our 100% FREE signal group! Link in bio. 👇
RSI divergence on the M15 chart just flashed. It's time to act.
✅ Entry: 0.5135
❌ SL: 0.543
🎯 TP Targets: Revealed on our TG channel.
Stop guessing and start trading with a strategy. Join our 100% FREE signal group! Link in bio. 👇
$AERO Join me on Based to trade on Hyperliquid @ https://based.one/r/WQ86S4KL
Use my referral code: WQ86S4KL to get started and earn rewards!
Use my referral code: WQ86S4KL to get started and earn rewards!
$CC Join me on Based to trade on Hyperliquid @ https://based.one/r/WQ86S4KL
Use my referral code: WQ86S4KL to get started and earn rewards!
Use my referral code: WQ86S4KL to get started and earn rewards!
$CC Join me on Based to trade on Hyperliquid @ https://based.one/r/WQ86S4KL
Use my referral code: WQ86S4KL to get started and earn rewards!
Use my referral code: WQ86S4KL to get started and earn rewards!
$DYM Join me on Based to trade on Hyperliquid @ https://based.one/r/WQ86S4KL
Use my referral code: WQ86S4KL to get started and earn rewards!
Use my referral code: WQ86S4KL to get started and earn rewards!
$DYM Join me on Based to trade on Hyperliquid @ https://based.one/r/WQ86S4KL
Use my referral code: WQ86S4KL to get started and earn rewards!
Use my referral code: WQ86S4KL to get started and earn rewards!
$TON tp 2.31 :)
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