#TradeStories
#MostRecentTrade
1. Multi-Timeframe Overview
5-minute timeframe
Current price: 0.5958 (-0.80%)
EMA(7) > EMA(25) > EMA(99) → Short-term uptrend
RSI(6): 40.31 → Near oversold zone, may bounce back
MACD = 0 → Sideways market
Low volume (44K vs MA5: 361K) → Lack of buying pressure
15-minute timeframe
Price: 0.5961 (-0.68%)
EMA(7) > EMA(25) → Maintaining a bullish signal
RSI(6): 54.92 → Slightly overbought
Positive MACD but histogram is narrowing → Weak upward momentum
Volume decreased significantly compared to MA5 → Increased reversal risk
1-hour timeframe
Price: 0.5920 (-1.61%)
EMA(7) < EMA(25) < EMA(99) → Medium-term downtrend
RSI(6): 51.92 → Neutral, needs further monitoring
Deep negative OBV (-71.9M) → Selling pressure still prevails
4-hour timeframe
Price: 0.5965 (-0.62%)
EMA(7) < EMA(25) < EMA(99) → Clear downtrend
RSI(6): 43.83 → Not oversold yet, possibility of further decline
Negative MACD → Selling pressure is dominant
1-day timeframe
Price: 0.5966 (-0.67%)
RSI(6): 32.55 → Entering oversold area, may technically recover
Strong volume spike: 37M (10 times MA15) → Volatility warning
Extreme negative OBV (-846M) → Strong capital outflow, high risk
2. Suggested Trading Strategy
Scenario 1: Scalp buying (Scalping – 5p/15p)
Enter a trade when the price exceeds 0.5970, RSI (5p) > 45
5p volume needs to exceed 300K (higher than MA5)
MACD histogram (15p) needs to expand positively
Take profit target (TP): 0.6020
Stop loss (SL): 0.5920
Estimated success probability: 60% (depends on actual volume)
Scenario 2: Trend selling (4h/Daily)
Enter a trade when the price breaks below 0.5920, RSI (4h) remains above 40
EMA(7) crosses down EMA(25) on the 1-hour timeframe → confirms downward momentum
TP: 0.5850, SL: 0.5980
Estimated success probability: 70% (in line with the medium-long term downward trend)
3. Notes & Core Signals by Time Frame
5-minute timeframe: Priority when RSI > 45 and volume exceeds MA5
15-minute timeframe: MACD histogram must clearly expand to confirm upward momentum
1-hour timeframe: EMA(7) needs to cross above EMA(25) to confirm recovery trend
4-hour timeframe: Only enter trades when OBV recovers above -200M → Reduces reversal risk
Should not trade when the price difference between timeframes exceeds 2% or OBV (4h) is below -500M
Summary
The current strategy is to prioritize scalp buying if there are enough consensus signals in the 5-minute and 15-minute time frames. However, the overall trend is still downward in the medium and long term, so strict Stop Loss should be set and actual volume should be monitored to avoid short-term 'price traps'.
Update: After analyzing and assessing INIT's volatility, the decision will be to close the long position opened yesterday at: 0.5980, closing at the retracement level of 0.605-0.6078, accepting a small profit to minimize risk and seek other opportunities.
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