🚀Update $RAVE (1H) order
TP1 completed, close the base or 50% depending on you
I still have high expectations for TP2 #PriceActionAnalysis
RAVEUSDT
Perp
0.53218
-3.10%
RAVE
Alpha
0.53308
-2.77%
🧐 $RAVE Trading Strategy (1H) - Another Standard Price Action Structure
Entry Point: 0.5050 - 0.5240
Stop Loss: 0.4840. Place below both EMA lines and the bottom of the nearest candlestick to ensure safety
TP 1: 0.6800
TP 2: 0.7200
$RAVE
{future}(RAVEUSDT)
🎯 "Rising Wave" Trading Strategy
Market Structure: After peaking at 0.79581, RAVE experienced a strong sell-off. However, at the nearest bottom of 0.49497, selling pressure began to subside, and long green candles with fairly stable volume appeared, indicating that the bulls are trying to establish a higher low compared to the previous accumulation zone around 0.35703
The EMA 21 (0.49497) and EMA 60 (0.49332) are closely clustered, forming a very strong confluence support zone right below the current price $RAVE
The price has closed decisively above both EMAs, confirming that the short-term uptrend is returning
Candlestick signal: The most recent 1H candle is a solid green candle, pushing the price above the previous small accumulation zone. This is the starting signal for a recovery wave to higher levels #PriceActionAnalysis
{alpha}(560x97693439ea2f0ecdeb9135881e49f354656a911c)
Entry Point: 0.5050 - 0.5240
Stop Loss: 0.4840. Place below both EMA lines and the bottom of the nearest candlestick to ensure safety
TP 1: 0.6800
TP 2: 0.7200
$RAVE
{future}(RAVEUSDT)
🎯 "Rising Wave" Trading Strategy
Market Structure: After peaking at 0.79581, RAVE experienced a strong sell-off. However, at the nearest bottom of 0.49497, selling pressure began to subside, and long green candles with fairly stable volume appeared, indicating that the bulls are trying to establish a higher low compared to the previous accumulation zone around 0.35703
The EMA 21 (0.49497) and EMA 60 (0.49332) are closely clustered, forming a very strong confluence support zone right below the current price $RAVE
The price has closed decisively above both EMAs, confirming that the short-term uptrend is returning
Candlestick signal: The most recent 1H candle is a solid green candle, pushing the price above the previous small accumulation zone. This is the starting signal for a recovery wave to higher levels #PriceActionAnalysis
{alpha}(560x97693439ea2f0ecdeb9135881e49f354656a911c)
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