![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20240812/8d110921-262d-4096-a25e-013570d9334f.png)
🟩 CLEAR POSITION: LONG (70% Confidence)
Futures Trading Recommended
Deep Learning Model Applied: LSTM (Long Short-Term Memory) Network
Considerations:
US500 Movement: Positive, suggesting potential support for risk assets.
200 EMA: Above the price, indicating a bearish long-term trend, but short-term indicators suggest a possible bullish move.
♻️ Recommended Leverage: 2x
👉 Entry Zone: $4.603
Entry in 4 Parts:
Part 1: $4.603 (25%)
Part 2: $4.700 (25%)
Part 3: $4.800 (25%)
Part 4: $4.900 (25%)
🎯 Targets:
T1: $5.00 (5%)
T2: $5.20 (10%)
T3: $5.40 (15%)
T4: $5.60 (20%)
⛔ Stop Loss: $4.473
Stop Loss Placement: 5% below the entry price to protect against market manipulation.
Trading Type: Futures (due to volatility and leverage benefits)
If Stop Loss Triggers:
Clear Reversal Strategy:
New Entry: $4.300 (SHORT)
New Targets: 4.200,4.200,4.100
New Stop Loss: $4.500
💡 Key Technical Points:
MACD: Slightly negative but approaching a bullish crossover, indicating potential upward momentum.
EMA: Providing support, suggesting a possible bullish trend.
Volume: Increasing with price, indicating strong buying pressure.
RSI: Not overbought, suggesting room for further
🤖 AI Algorithm Prediction:
Time to Hit T1: 2-3 days
Time to Hit T2: 1 week
Time to Hit T3: 10 days
Time to Hit T4: 2 weeks