PENG/SOL - Raydium (Meme coin)
TF: Daily
Price Action:
Currently in a bearish trend.
Broke the previous daily structure, and price pulled back in to the current range supply zone which led the break of structure,
Key point: before running into the supply area, price took out the liquidity and then made an internal bos. Currently price is retesting its internal S/R flip zone, which also has a 0.5% of Fib, but as of yet no significant reaction found, if the price starts ranging at the current price levels, I’ll wait for the liquidity to be taken out first before entering a position, or I ‘ll wait for price to come in my demand zone.
Buying Ranges:
0.1403 – 0.1120
*NOT A FINANCIAL ADVICE – DYOR!*
Price Action:
Currently in a bearish trend.
Broke the previous daily structure, and price pulled back in to the current range supply zone which led the break of structure,
Key point: before running into the supply area, price took out the liquidity and then made an internal bos. Currently price is retesting its internal S/R flip zone, which also has a 0.5% of Fib, but as of yet no significant reaction found, if the price starts ranging at the current price levels, I’ll wait for the liquidity to be taken out first before entering a position, or I ‘ll wait for price to come in my demand zone.
Buying Ranges:
0.1403 – 0.1120
*NOT A FINANCIAL ADVICE – DYOR!*
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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.
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.