📊 BANK just cleared a ton of overhead sellers and is holding the breakout.
$BANK — Long 🟢 | Entry Price: 0.03526 | Stop Loss: 0.03322 | Profit Target: 0.04105
Here's the read:
- The chart shows a clear bullish trend, and price has broken out above the dealing range into premium territory.
- A recent break of structure and change of character just two and nineteen candles ago confirms the bullish momentum shift.
- Multiple buy-side liquidity pools were swept in the last few candles, clearing overhead sellers and priming a move higher.
- Price is currently retesting the breakout zone, offering a potential entry near the recent high.
- The nearest untapped sell-side liquidity is well below at 0.03322, providing a logical stop-loss level.
- Open buy-side liquidity above, particularly around 0.04105, presents a clear target for the next leg up.
If it drops back into the old range, the breakout story is over.
#Trading #CryptoSignals
$BANK — Long 🟢 | Entry Price: 0.03526 | Stop Loss: 0.03322 | Profit Target: 0.04105
Here's the read:
- The chart shows a clear bullish trend, and price has broken out above the dealing range into premium territory.
- A recent break of structure and change of character just two and nineteen candles ago confirms the bullish momentum shift.
- Multiple buy-side liquidity pools were swept in the last few candles, clearing overhead sellers and priming a move higher.
- Price is currently retesting the breakout zone, offering a potential entry near the recent high.
- The nearest untapped sell-side liquidity is well below at 0.03322, providing a logical stop-loss level.
- Open buy-side liquidity above, particularly around 0.04105, presents a clear target for the next leg up.
If it drops back into the old range, the breakout story is over.
#Trading #CryptoSignals