Key Observations: 1. IDM Zone (Purple Line): • Acts as a major demand/support zone. • Multiple rejections from this zone indicate strong buyer interest. 2. Ascending Triangle Formation (Right side): • Indicates bullish consolidation. • Price is squeezing and looks ready for a breakout. • Resistance is relatively horizontal, support is climbing.
Bias: Bullish Breakout
✅ Entry Point: • Trigger entry after price breaks and closes above the triangle resistance (~104,420–104,450). • Aggressive traders can enter slightly before breakout (anticipatory entry).
🛑 Stop-Loss: • Below triangle support: around 103,700–103,800. • Conservative option: below IDM zone (~103,000), if you want a wider safety net.
🎯 Target (TP levels): • TP1: Measured move from triangle height → approximately 105,500. • TP2: Prior high near 106,500+. • Trail the stop if breakout is strong.
• Wait for volume spike on breakout. • Check for confirmation from RSI or MACD if using indicators. • Avoid fakeouts by confirming breakout candle close above the triangle.#eth $BTC
⛔Stop Loss: Defined Later ↔️Use opposite signal as stop loss(Recommended) USE ONLY 0.5%-1% OF YOUR WALLET FOR EACH TRADE TO AVOID LIQUIDATION #Jasmyusdt⚠️⚠️
$BTC #Bitcoin has been following a pattern of alternating SMALL and LARGE Consolidations since the Bottom in Nov 2022 🔥 The current small consolidation will finish soon and send $BTC to $150k levels 🚀 $XRP
$BTC is retreating to its safe zone dominating bears and leaving them worried about liquidation. Stop shorting right now you all end up bleeding 🩸 in past 1 hour 18 Million dollars liquidated in overall market more to come next.
$DOGE Attention guys! 🚨 This is not market manipulation it is a fight between Bulls 🐂 and Bears 🐻 If we keep buying and holding bears will get in trouble and surely #DOGE will soar right away. if you don’t fight you will loose.
Buy every single Dip that will accumulate your profits when it surge 💯
Note : Bears 🐻 are shorting the #DOGE like hell let’s give them a shockwave i am loading more 100000 #DOGE bullets into my wallet to shoot up ⬆️
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