💎 Paradisers, #ONE is demonstrating a bullish market structure and has recently bounced off the supportive trendline.
💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes.
💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes.
💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes.
💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes.
💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
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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.