Trump coin close to support

8 พ.ย. 2024

Trump coin has come back to support.
This is a critical level, and price needs to respect support for me to feel bullish about this.
I'm not ruling out another test of the low, and if support is respected, there's a possible entry long there with a stop below the low (with a little space in case there's a liquidity hunt).

Probably a safer choice would be to wait for confirmation (planting a higher low and entering there). The daily does show rsi and stoch relatively low which indicates that price could be close to reversal.

8 พ.ย. 2024

การซื้อขายยังคงดำเนินอยู่

On 15m there's a possible triangle forming..

10 พ.ย. 2024

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

price coming back to the support now. Let's see whether support is respected.

11 พ.ย. 2024

บันทึก

not sure why TV marks this as trade closed. Anyway, found a chart with more data and looks like price will come back to these support levels. Waiting now to see some bullish price action. Otherwise it's invalid for me.

6 ธ.ค. 2024

บันทึก

Not looking at re-entering until I see price respect a level and start forming bullish price action .
I guess this won't really happen until closer to January.

7 ม.ค.

บันทึก

Looking good. I'll be looking at an appropriate entry once this retrace settles.