ARXUSDT.P is in a downtrend and doesn't even react to Bitcoin's growth. The support level, which is the all-time low (ATL), has already been tested today, and we can now see a formed pre-breakout base. In my opinion, all that's left is to wait for an entry point according to the strategy to catch a likely good short.LEVEL PROFILE:
Name: ATL
Price: 0.1631
Timeframe: D1
Level validations:
- exact price taps (pixel-perfect)
- impulse halt at the level
- trend alignment
- clear path beyond level
- price compression (squeeze)
- volatility contraction on approach
- close retest
If this logic aligns with your trading plan, support the idea with a boost!
Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice. Trading facts, not expectations.
Trade attivo
Trade chiuso: stop raggiunto
Trading facts, not expectations.
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Trading facts, not expectations.
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.