DEGOUSDT - HUGE VOLUME SPIKE NOW WHAT TO DO!Alright, let's sprinkle in some charm and make this analysis even more engaging! 😄
Alright, buckle up traders, because we're about to dissect DEGOUSDT and map out a potential path to profits. 💰 Forget the noise; we're focusing on precision and probabilities, guided by cold, hard data and a disciplined approach. I've identified a key area on the DEGOUSDT chart, marked by the blue box you see there. 🟦 This isn't just some arbitrary zone; it represents a potential resistance level, an area where sellers might step in and halt any upward momentum. 🤔
Now, let's be crystal clear. Simply seeing a blue box isn't a signal to blindly short. 🙅♀️ This is where the art and science of trading intertwine, and where your disciplined approach, informed by my analysis, will set you apart from the herd. The key here is patience, a virtue often overlooked but absolutely essential for consistently profitable trading. 🧘♀️
We need to see how the price action reacts when it approaches this blue zone. Are we seeing an increase in volume as the price tests this level? 📈 Is the Cumulative Delta Volume (CDV) confirming that sellers are indeed stepping in and pushing the price back down? 🐻 These are the critical clues we need to validate our short idea. Don't jump the gun! Trading without confirmation is a dangerous game, a gamble where the odds are stacked against you. 🎲 Let the market tell you what it wants to do, and then react accordingly. 👂
But remember, the market is a dynamic beast, constantly evolving. 🌍 That’s why I have a core principle, a bedrock belief that anchors my trading: "I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long." This isn't just a rule; it's a mindset, a commitment to adapting to the market's signals rather than clinging to a preconceived notion. 🧠
Therefore, pay attention to the lower time frames (LTF). This is where the real magic happens. ✨ If the price breaks above the blue box with significant volume and then retests it, turning what was once resistance into support, we have a completely different scenario. 🐂 We'd then be looking for long opportunities, capitalizing on the newfound bullish momentum. The retest is the critical confirmation. It shows that buyers are willing to defend this level, solidifying its new role as support. 💪
Listen closely. 👂 Ignoring these confirmations and simply hoping your initial bias is correct is a recipe for disaster. 😩 You need a clear plan, a set of rules, and the discipline to execute them flawlessly. That’s what I strive to provide with every analysis, but you need to follow me closely to see it through. 👀 This isn't about getting lucky; it's about consistently applying a proven methodology to identify high-probability trading setups. 🎯
The market doesn't care about your opinions or your hopes and dreams. It only responds to price action, volume, and liquidity. Master these elements, and you'll master the market. 👑 Fail to do so, and you'll become just another statistic. 💔 So, stay tuned, stay patient, and let's navigate these treacherous waters together. 🤝 By following my guidance, you'll gain the edge you need to thrive in this competitive arena. Don't be left behind while others are profiting. This is your chance to elevate your trading game. Don't miss out!
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
