Still not interested to open any long position on $son but:
1- We already broke the bearish trend line and test it as support once
2- Bullish divergence on RSI still supports this bounce from the lows
3- The trigger for opening a long position is having a msb (market structure break) above 95.5
from there, the first resistance on the way is that daily order block (blue box)
and the area that I will be looking to book some profit at is the yellow box which is an FVG on HTF
P.S: Don't hold onto your longs until all-time highs, try to trade level by level instead
1- We already broke the bearish trend line and test it as support once
2- Bullish divergence on RSI still supports this bounce from the lows
3- The trigger for opening a long position is having a msb (market structure break) above 95.5
from there, the first resistance on the way is that daily order block (blue box)
and the area that I will be looking to book some profit at is the yellow box which is an FVG on HTF
P.S: Don't hold onto your longs until all-time highs, try to trade level by level instead
Comment:
the previous update on Solana:
Comment:
Order Block explained !!!!!
Comment:
FVG explained !!!
Comment:
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