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Footprintchart

SNXUSDT at Support - Seeing confluence to go longSynthetix has been ranging between the current support of $2.95 and $3.60 I'm seeing a few points of confluence at support and see on the TPO and 30minute imbalance chart that there is a possibility of short traders being trapped at the low if price moves up sharply Confluence: 1. Fibonacci golden pocket area 2. Value area low of the fixed range 3. Possible Trapped short traders 4. Failed aution on a TPO (Time Price Opportunity) chart 5. Bullish divergence on the 15m (Vumanchu cipher b) Not Financial advice. DYOR. Papertrade before using real money. If you like this idea, please comment, give a thumbs up and follow for more ideas like these. Safe trading guys! Shawn
Long
by zartraderguy
2
WAVESUSDT Ready for another breakout today?Waves Had a run of about 75% to the upside yesterday to $7.27 This morning it dumped down to $6.10 Currently we are seeing a bounce off this area which is a daily support. If you aren't already in a trade, it might not be the best place to enter a long, but if you are already in the trade, it could be a reason for you to stay long. One of the reasons I entered a long at $6.22 because of what I saw on a TPO chart and footprint chart. I talk about likely reversal areas and where I am taking profits. Open interest is currently increasing, which is another reason to hold a long if you are already in the trade Not Financial advice. DYOR. Papertrade before using real money. Safe trading guys! Shawn
Long
by zartraderguy