WCT/USDT Trading Strategy – June 17
1. Short Position (priority):
• Entry: 0.402
• Stop Loss: 0.415
• Take Profit: 0.365
• ✅ Reason:
• The price has approached a strong resistance area around 0.402–0.408 (the nearest peak on the 1H timeframe).
• The 15-minute and 1H timeframes show a reversal candle + bearish RSI divergence.
• High likelihood of profit-taking after the recent rebound; if BTC weakens, it will drag down altcoins.
• ⚠️ Risk: If BTC exceeds 109k and strongly drags the entire market, WCT may break resistance → SL must be strictly maintained.
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2. Long Position (only open if there is a confirmation signal):
• Entry: 0.363
• Stop Loss: 0.356
• Take Profit: 0.401
• ⚠️ Activation conditions:
• Strong reversal candle appears at 0.363 with high volume (especially on the 15-minute or 1H timeframe).
• If BTC holds the 107k–107.500 range, then the possibility of WCT bouncing from support is reasonable.
• ⚠️ Do not Long bottom unless there is a clear signal, as if it breaks 0.356, a strong downtrend will be confirmed.
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Summary:
• Prioritize Short orders around 0.402 due to stronger selling pressure at the short-term peak.
• Long orders at 0.363 should only be considered if the market remains stable and shows signs of reversal.
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Warning:
BTC volatility remains the main influencing factor. If BTC breaks 109,500 or falls below 106,000, all strategies may become invalid due to the psychological impact on the altcoin market.
Always closely monitor price behavior in smaller timeframes before entering an order.