1000SATSUSDT
1000Sats/Usdt Breakout And Retest Done1000SATS/USDT has already broken out of a major trendline and completed a successful retest, confirming its strength. This setup indicates a strong bullish momentum building up, and I’m expecting a potential rally of 40-80% in the coming days, assuming market conditions remain favorable.
Key observations:
- The breakout was clean, followed by a retest that turned previous resistance into support. This is a classic technical confirmation.
- Volume during the breakout suggests significant buyer interest, a positive sign for continued upward movement.
- The chart structure is showing a transition to an uptrend, with higher highs and higher lows forming.
Things to watch for:
- Resistance levels may cause minor pauses, but if cleared, the price could move swiftly upward.
- Keep an eye on the volume; rising volume will confirm the bullish strength.
Trading strategy:
- If entering now, watch for any pullback to the support zone for a better risk-reward ratio. The current zone may not last long as the trend develops.
- Short-term traders can target quick profits at nearby resistances, while long-term holders might benefit from holding through the larger trend.
Risk management:
- Place stop-losses just below the retest level to minimize risk in case of unexpected moves.
- Allocate only a portion of your portfolio that you’re comfortable risking, as this is still a volatile asset.
This trendline breakout and retest setup is a promising opportunity. Staying patient and managing your trade carefully could lead to rewarding gains.
Alikze »» 1000SATS | Ready to defeat the dynamic trigger💎 SATS is a BRC-20 token that pays homage to satoshi. SATS is the abbreviation for satoshi, the smallest unit of Bitcoin. One satoshi equals to 0.00000001 BTC. Please note that the token is a meme token and is inscribed by an anonymous team. 1000SATS is 1000 times of SATS.
💎 Meme Coin Satoshi has made a modification in the three-wave wide format, which according to the type of structure, if the dynamic trigger is broken and the green box area is maintained, it can touch the specified areas.
🔔 If it breaks the green box, it can continue the correction until the liquidity zone. Therefore, considering that in the green box area, good volumes of candles have been recorded, the green box area is a strong support area that must be maintained to continue the path.
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1000SATS - Resistance breakout | Long Trade #1000SATS/USDT #Analysis
Description
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+ The price has reached the resistance line for the fifth time, and there are indications that it may finally break out.
+ I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line.
+ Let's exercise patience and wait for the breakout confirmation before entering the trade.
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VectorAlgo Trade Details
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Entry Price:0.0005535
Stop Loss: 0.0004856
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Target 1:0.0005936
Target 2: 0.0006501
Target 3: 0.0007405
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Timeframe:1H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
SATS Risky longI am trying a risky long on SATS. It has broken down major supports, and it looks oversold on higher timeframe. Level is also supported by a -0.618 fibo level from previous peak at top. There are some divergence on H1 and M15 tf, that is a bullish sign. If BTC can continue to pump, i expect SATS to follow
1000SATS looking more bullishChecking on 1hr TF on 1000SATS w can clearly clearly see it did a liquidity grab by changing character to the downside to decisive the bears and immediately regain it's strength to the upside.... So, right now I'm expecting a retest of the unmitigated bullish OB left behind..... You set and order at the bullish OB
Wait for entry to come don't rush into the market
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