USUAL Looks Bullish (12H)A double bottom pattern has formed on the chart, leading to a breakout from the price channel.
A support zone has been established, and a bullish CH has appeared on the chart.
Considering the breakout and the bullish structure, we can set up a buy position on this coin.
Targets are marked on the chart, and reaching the third target is also possible.
The invalidation of this setup will occur if a daily candle closes below the invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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USUALUSD
USUAL is waking up - the beginning of a new bullish wave?This analysis is an update of the analysis you see in the "Related publications" section
We previously had accurate analyses of USUAL, correctly identifying the highs and lows.
Based on the type of custom order flow visible on the chart and recent candlestick formations, it seems that the buy orders in the lower green zone have been sufficient to trigger a trend reversal.
We’ve now identified a new zone. the upper green zone. as a rebuy area, where we’ll be looking for buy/long positions.
Targets are marked on the chart.
A daily candle closing below the upper green zone would invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
USUAL ANALYSIS (8H)After wave A was completed, from the point where we placed the red arrow on the chart, it seems the price has entered wave B.
Wave B is a bearish symmetrical wave, and it currently appears that we are in the early stages of wave I, which is a bearish wave.
From the supply zone, we expect a rejection towards the Fibonacci levels of wave a to i, which corresponds to the green zone.
A daily candle closing 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
USUAL analysis (4H)It seems that the correction for this asset has started from the point where we placed the red arrow on the chart.
This correction appears to be a diamond-shaped diametric.
Currently, we seem to be in wave F of this diametric. The price may reject downward from the red zone.
A daily candle closing 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