Aixbt / USDTLong
AIXBT/USDT 1H: Accumulation Signals Potential Reversal to $0.65
AIXBT/USDT 1H Chart Analysis
🚀 Follow me on Tradingview if you respect our charts 📈
Current Market Structure:
Key Levels:
Long Position:
Market Maker Analysis:
Recommendation:
🚀 Follow me on Tradingview if you respect our charts 📈
🚀 Follow me on Tradingview if you respect our charts 📈
Current Market Structure:
- Bearish trend with a series of lower highs and lower lows.
- RSI: Showing potential bullish divergence in the 40-45 range, indicating possible reversal signals.
Key Levels:
- Resistance: $0.65, $0.70
- Support: $0.50, $0.45
- Current Price: ~$0.51
- Trade Setup (Confidence Level: 7/10):
Long Position:
- Entry Zone: $0.50-$0.51
- Targets:
- T1: $0.55
- T2: $0.65
- Stop Loss: Below $0.47
- Risk Score: 6/10 (moderate due to prevailing bearish trend).
Market Maker Analysis:
- Signs of accumulation at the $0.50 level, indicating potential institutional interest.
- Volume profile supports a possible bounce, but expect choppy price action before a clear breakout.
Recommendation:
- Long position is valid in the $0.50-$0.51 zone, but wait for a confirmed higher high above $0.55 for added confidence.
- Monitor volume and RSI for further confirmation of reversal signals.
- Tight risk management is crucial given the overall bearish trend.
- Confidence Level: 7/10 for accumulation-driven upside potential.
🚀 Follow me on Tradingview if you respect our charts 📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.