Most traders will try to short this 4 wick and end up funding your take-profit…
$4 - LONG
Trade Plan:
Entry: 0.022950 – 0.023250
SL: 0.022380
TP1: 0.023900
TP2: 0.024700
TP3: 0.025900
Why this setup?
Why now? Buyers stepped in aggressively to defend the dynamic moving average stack, establishing a solid higher-low base as the live 1h price trades at 0.023155 inside our tactical execution pocket of 0.022950 to 0.023250. Momentum is firmly backed by a healthy 15m RSI of 63.80 that has reset without breaking structure, while the 1h ATR of 0.0006200 confirms sufficient hourly velocity to clear TP1 at 0.023900 and expand into TP2 at 0.024700 during this drive. This is a classic trend-continuation setup following healthy absorption, warranting standard position sizing with risk tightly anchored behind our hard line in the sand at 0.022380.
Debate:
Are we watching buyers drive this higher-low base straight into TP2 at 0.024700, or is 0.022380 going to give way to flush early longs? State your position.
Click here to Trade 👇
$LSK
$ZEC
$4 - LONG
Trade Plan:
Entry: 0.022950 – 0.023250
SL: 0.022380
TP1: 0.023900
TP2: 0.024700
TP3: 0.025900
Why this setup?
Why now? Buyers stepped in aggressively to defend the dynamic moving average stack, establishing a solid higher-low base as the live 1h price trades at 0.023155 inside our tactical execution pocket of 0.022950 to 0.023250. Momentum is firmly backed by a healthy 15m RSI of 63.80 that has reset without breaking structure, while the 1h ATR of 0.0006200 confirms sufficient hourly velocity to clear TP1 at 0.023900 and expand into TP2 at 0.024700 during this drive. This is a classic trend-continuation setup following healthy absorption, warranting standard position sizing with risk tightly anchored behind our hard line in the sand at 0.022380.
Debate:
Are we watching buyers drive this higher-low base straight into TP2 at 0.024700, or is 0.022380 going to give way to flush early longs? State your position.
Click here to Trade 👇
$LSK
$ZEC
