ALONUSDT Technical Analysis (4H Chart)
The price is currently in a descending triangle pattern, consolidating near the lower range. A strong breakout above the trendline could signal a bullish move with minimal risk.
📌 Entry Strategy:
Enter after a confirmed breakout above the descending trendline with volume.
Keep a tight stop-loss below the breakout candle to minimize risk.
First target: The previous resistance level (around 0.025 USDT).
💡 Risk-Reward Ratio: Favorable setup, as risk is limited while the potential reward extends to the upper channel resistance.
📊 Wait for confirmation before entering. If price closes above resistance with strong bullish momentum, it could lead to a high-probability trade. 🚀
📌 Entry Strategy:
Enter after a confirmed breakout above the descending trendline with volume.
Keep a tight stop-loss below the breakout candle to minimize risk.
First target: The previous resistance level (around 0.025 USDT).
💡 Risk-Reward Ratio: Favorable setup, as risk is limited while the potential reward extends to the upper channel resistance.
📊 Wait for confirmation before entering. If price closes above resistance with strong bullish momentum, it could lead to a high-probability trade. 🚀
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"🤖 Smart Trading Bots | 🚀 Advanced Market Analysis & Strategies | Helping You Trade Smarter, Not Harder!"
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.