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💿 The trend is still Bearish (as shown by the red Supertrend line). However, the stabilization at 0.00704 suggests a "bottoming" process.
• The "Long" Setup: Wait for the MACD crossover and the Supertrend to flip green (price must cross above 0.00721). If that happens, target 0.00745 as your first profit-taking level.
• The "Short" Setup: If the price breaks and closes below 0.00690, the consolidation has failed, and it will likely drop toward 0.00660.
Expert Tip: In a 15-minute timeframe, volume is key. Notice the volume (VOL) bars are currently small. You want to see a big green volume bar coincide with a break above 0.00721 to confirm the move is real.
💿 The trend is still Bearish (as shown by the red Supertrend line). However, the stabilization at 0.00704 suggests a "bottoming" process.
• The "Long" Setup: Wait for the MACD crossover and the Supertrend to flip green (price must cross above 0.00721). If that happens, target 0.00745 as your first profit-taking level.
• The "Short" Setup: If the price breaks and closes below 0.00690, the consolidation has failed, and it will likely drop toward 0.00660.
Expert Tip: In a 15-minute timeframe, volume is key. Notice the volume (VOL) bars are currently small. You want to see a big green volume bar coincide with a break above 0.00721 to confirm the move is real.
