All TP (Take Profit) strategies for $1000SATS have been completed! ๐
1000SATS/USDT: Ready for the Next Big Move? ๐
Current Market Situation:
- Current Price: 0.00003250 USDT
- Recent Movement: Dipped but recovering.
- Resistance Levels: 0.00003620 USDT and 0.00003433 USDT
Market Sentiment:
- Volume: Indicates buying interest at this level.
- Support: Around 0.00003250 USDT.
Recommendations:
Scenario 1: Buying on Dip
- Buy Limit Order: Set at 0.00003100 USDT.
- Rationale: Enter at a lower price if the market experiences a pullback.
Scenario 2: Buying on Breakout
- Buy Stop Order: Set at 0.00003650 USDT.
- Rationale: Enter if the price breaks through resistance, indicating further upside potential.
Likelihood of Price Movements:
- Downside: Possibility of testing lower support levels around 0.00003100 USDT.
- Upside: Breaking through resistance at 0.00003433 USDT and 0.00003620 USDT could lead to further gains.
Conclusion:
- Buy on Dip: Place a buy order around 0.00003100 USDT for a conservative approach.
- Buy on Breakout: Place a buy order around 0.00003650 USDT if expecting a bullish breakout.
- Both strategies are valid and should be chosen based on your risk tolerance and market outlook.
Suggested Take Profit (TP) Levels:
- TP1: 0.00003500 USDT (Sell 34%) - Near recent resistance.
- TP2: 0.00003850 USDT (Sell 33%) - Captures further upside.
- TP3: 0.00004200 USDT (Sell 33%) - Maximize gains if the market rallies.
Summary of Orders:
- Buy Order: 0.00003100 USDT
- Take Profit Orders:
- TP1: 0.00003500 USDT (34%)
- TP2: 0.00003850 USDT (33%)
- TP3: 0.00004200 USDT (33%)
Disclaimer: DYOR. This is my strategy based on the current analysis. Everyone can have their own strategy, but I'll use 34/33/33 selling for each TP. Consider all three strategies as they will likely fill if the market touches 0.00003100 USDT.
