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!"
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.