LINK posted a bullish engulfing candle on 1H and reclaimed 7ā20 EMA bands. MACD crossed bullish, RSI broke above 50. If BTC remains firm, LINK may target its 4H resistance levels.
š Trade Setup: $ETH ā Breakout from Compression
ETH shows consolidation between $4000ā$4030 and just broke above key EMAs (1H). MACD crossed bullish, RSI heading above 55. Price may squeeze toward upper BB on both 1H and 4H.
š Trade Setup: $BTC ā Consolidation Before Breakout?
BTC is showing signs of stabilization after a sharp drop. On the 4H chart, itās forming a base near the lower Bollinger Band with slight MACD recovery. 1H EMAs are compressing ā a breakout may follow.
š Trade Plan
š Long Entry: 109,200ā109,300 USDT (on support hold and volume uptick)
SUI is forming higher lows, with MACD crossing bullish on both 1H and 4H. Price is testing EMA20 resistance with tight BB bands ā a breakout may follow.
š Trade Plan š Keep Long Entry: 3.21ā3.22 USDT (on breakout above EMA20 with volume)
šÆ Take-Profit Targets:
- TP1: 3.28 USDT ā Upper BB 1H
- TP2: 3.35ā3.44 USDT ā EMA50/100 on 4H
š Stop-Loss: 3.17 USDT ā Below recent consolidation zone
Risk:Reward ~ 1:2.2
ā ļø Risk Factors
If price gets rejected at 3.24ā3.25, false breakout likely.
Overall market sentiment must align for continuation.
š Trade Setup: $BTC ā Consolidation Before Breakout?
BTC is showing signs of stabilization after a sharp drop. On the 4H chart, itās forming a base near the lower Bollinger Band with slight MACD recovery. 1H EMAs are compressing ā a breakout may follow.
š Trade Plan
š Long Entry: 109,200ā109,300 USDT (on support hold and volume uptick)