COOKIE Looks Bullish (1D)We have a good setup on the chart. A bullish CH has formed, the trigger line has been broken, and the price is currently sitting on a support level.
The green zone has been tested twice and rejected, which has strengthened the bullish outlook for this asset.
The main supply zone is marked in red. It is expected that, with price fluctuations, the asset will reach the red zone in the coming days or weeks.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Cookiebtc
COOKIE Buy/Long Setup (4H)Looking at the chart, we can identify bullish signs for COOKIE.
On the CH chart, we see a bullish structure along with the clearing of resistance zones. There’s also a liquidity pool above the chart which is expected to be swept soon.
The only remaining resistance order block on the chart is the marked supply zone, which could potentially also be taken out.
As long as the demand zone holds, we expect a move toward the targets.
A daily candle close below the invalidation level would invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
COOKIE is Bearish (2H)First of all, note that this symbol is highly volatile and risky.
From the point where I placed the red arrow on the chart, it seems that the COOKIE correction has begun.
Currently, it appears that COOKIE is in wave B of an ABC pattern or possibly a more complex structure.
As long as the red zone is maintained, it is expected to move toward the specified targets.
Closing a 4-hour candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You