GNOUSDT | Ready to Move Lower?Market Context
GNOUSDT recently saw a significant spike in volume, but we couldn't establish a new high on the daily chart. Now, we're consolidating within a trendline on the H4 timeframe, hinting at a possible false break.
Strategy
I’m betting on a move lower. This setup looks like it could play out quickly today, but we might see the downward momentum continue into tomorrow. It’s a thrilling moment—let’s see how this trade unfolds!
Stay tuned for updates and let’s ride this potential dip together!
Minno
BICOUSDT | New High Soon?Market Context
Is BICOUSDT gearing up for a new daily high? The charts are looking promising!
Weekly Analysis
On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move.
Strategy
I'm jumping in and longing the market now! The stars are aligning for BICO, and we could be on the brink of an exciting rally.
Let’s ride this wave to new heights!
IDEXUSDT | Trade Analysis🚀 Time for another breakout trade with IDEXUSDT!
8-Hour Timeframe
We’ve seen a fantastic breakout of the previous high with significant volume on the 8-hour chart. Staying above the 50 EMA adds to the bullish sentiment.
Daily Timeframe
The daily chart isn't as strong, but we're still holding on to resistance from the previous day, showing potential for an upward move.
Weekly Timeframe
On the weekly chart, we closed above our S/R level and are trading above the 50 EMA—both bullish indicators.
Monthly and 3-Month Timeframes
The monthly candle closed with a top wick, but the 3-month candle looks much more promising, adding to the optimistic outlook.
Market Sentiment and Entry
The market sentiment is quite bullish right now. We’ve got an 8-hour engulfing candle as our entry signal, setting up a promising trade.
I'm bullish on this setup with a decent 1.5:1 risk-reward ratio. Let's see how this plays out!
BEAMUSDT | SWING TRADE (FALSE BREAK)Yesterday, BEAMUSDT saw the bulls making a bold attempt to break the 8H high with impressive volume, only to face a swift rejection on the second candle—classic false break! Using my trusted false breakout strategy, I set my order at the previous 8H high with a 1.5 ATR, targeting the 4H low.
With the weekend approaching and volume likely to dip, it's a thrilling setup to watch. Will the trade hit the target or hold steady in the low-volume weekend? Stay tuned for the outcome!
FUNUSDT | DAY TRADEWe recently saw a notable spike in volume on FUNUSDT , which turned out to be a false break. Using my step-by-step process, I analyzed the market and placed my entry on the 30-minute timeframe after identifying the false break. I always apply a 1.5 ATR (Average True Range) for my false break strategy, and in this case, it seemed like the perfect move! Let's see how it plays out. Stay tuned for updates!