Long
Pi prediction 2025 to 2030 or earlier | 20th feb launch 2025 #pi
First Range & Blue Box: This might indicate a price range or consolidation zone marked by a blue box, acting as a key support/resistance area.
$800 Mark Crossover: If the price crosses above 800 and closes a candle above it, this suggests a strong breakout.
Strong Top at $500: If the breakout is confirmed above 800, the next target or resistance level could be around $1500.
Refined Trading Plan:
First Range Breakout:
If price crosses $800 and a candle closes above it, a strong upside move is likely.
Target: $1500 (first major resistance)
Momentum Continuation:
If price breaks above $1500 and closes above it, further upside potential emerges.
Targets:
$3000
$4000
$5000
$8000
$10,000
Until a hard pullback occurs.
Key Trading Considerations:
Entry Confirmation: Wait for a strong candle close above resistance levels before entering.
Stop Loss: Below the most recent breakout level (e.g., 1450 if entering after 1500 breakout).
Trailing Stop Strategy:
Move stop-loss to the previous level (e.g., if price hits 3000, SL moves to 1500).
Hard Pullback Signal:
A high-volume rejection wick at key levels.
A strong red candle closing below previous support.
Divergence on RSI/MACD indicating overbought conditions.
$800 Mark Crossover: If the price crosses above 800 and closes a candle above it, this suggests a strong breakout.
Strong Top at $500: If the breakout is confirmed above 800, the next target or resistance level could be around $1500.
Refined Trading Plan:
First Range Breakout:
If price crosses $800 and a candle closes above it, a strong upside move is likely.
Target: $1500 (first major resistance)
Momentum Continuation:
If price breaks above $1500 and closes above it, further upside potential emerges.
Targets:
$3000
$4000
$5000
$8000
$10,000
Until a hard pullback occurs.
Key Trading Considerations:
Entry Confirmation: Wait for a strong candle close above resistance levels before entering.
Stop Loss: Below the most recent breakout level (e.g., 1450 if entering after 1500 breakout).
Trailing Stop Strategy:
Move stop-loss to the previous level (e.g., if price hits 3000, SL moves to 1500).
Hard Pullback Signal:
A high-volume rejection wick at key levels.
A strong red candle closing below previous support.
Divergence on RSI/MACD indicating overbought conditions.
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.