$SOL I see from your chart that SOLUSDT just bounced from a low of around 172.66–173.34 and is now trading near 185.05 after a sharp recovery. Here’s a step-by-step trade plan based on the 1-hour chart you shared:
1. Market Context
Trend: Short-term recovery after a deep drop from ~186.76.
Moving Averages: Price is currently above the MA(7) and MA(25), and approaching MA(99) (~179.68), which is often a resistance area.
RSI: At 71.6 — approaching overbought territory, meaning the upward momentum might slow or retrace soon.
MACD: Showing bullish crossover and positive momentum.
2. Key Levels
Support: 178.5 – 179.6 (near MA(99)), 173.3, and 172.6.
Resistance: 185.3 (24h high), then 186.7 (recent peak), and 187.4.
3. Trading Plan
Bullish scenario (Long):
Enter on a pullback to 179–181 if momentum remains bullish.
Target 185.3 → 186.7 → 187.4.
Stop loss below 177.
Bearish scenario (Short):
If price struggles to break 185.3–186.7 and shows rejection (long wicks or bearish candles).
Target 181.5 → 179.6.
Stop loss above 187.5.
4. Risk Management
Use small position size (1–3% of account risk) since RSI is already high and pullback is possible.
2. Trade Scenarios Bullish (Long) Scenario Entry idea: Wait for a small pullback near $181.5–$182 (to avoid chasing at RSI 76+).
Target 1: $183.20 (recent high).
Target 2: $185.00 (next resistance if breakout occurs).
Stop loss: Below $180.50 (just under MA(25) and local support).
Bearish (Short) Scenario Entry idea: If price fails to break $183.20 and shows rejection candles, consider short near $183.
Target 1: $181.00.
Target 2: $179.50 (near MA(99)).
Stop loss: Above $184.00.
3. Risk Management Risk per trade: 1–2% of account.
Use position sizing to match stop distance.
Avoid entering both long and short at the same time.
📌 My take right now: Momentum is bullish but short-term overbought — safest play is to wait for either a pullback to support or a confirmed breakout above $183.20 with volume.
Scalping Plan for NEWT/USDT ✅ Current Price: $0.5979 🧠 Strategy: Buy the dip near short-term support, scalp to next resistance 📌 Setup A: Dip Buy Scalping Entry Zone: $0.565 – $0.585 (Look for a bounce off the yellow MA(7) line or recent consolidation zone)
Stop-Loss: $0.552 (Below the recent candle low and MA(7); keeps risk tight)
Take-Profit Targets:
🎯 TP1: $0.615 (near top wick of last candle)
🎯 TP2: $0.645 – $0.660 (resistance zone before $0.70)
Risk-Reward: Aim for 1.5–2x. Example: Risking 2 cents ($0.565 → $0.545) to gain 4+ cents ($0.565 → $0.605 or more)
📌 Setup B: Breakout Scalping Entry Trigger: Candle closes above $0.625 with volume spike (Confirmation of upward breakout attempt)
Stop-Loss: $0.600
Take-Profit Targets:
🎯 TP1: $0.66
🎯 TP2: $0.695 – $0.70 (previous high)
🛠️ Tools to Use: Set alerts at $0.585 and $0.625.
Use market orders for speed, but manage slippage carefully.
Watch volume bars and RSI — if RSI > 75 and volume fades, exit quick.
⚠️ Final Tips: Don’t chase green candles — enter on pullbacks or confirmed breakouts only.
Take profits fast. Even 2–5% in 10 minutes is good for scalps.
Exit fully if price stalls at resistance or shows long upper wicks.
$ADA Here’s a quick breakdown of the ADA/USDT 1-hour chart and a trade plan based on your 1 hour chart:
📊 Technical Analysis Summary Current Price: 0.9207 USDT
24h Change: +6.75%
24h High/Low: 0.9373 / 0.8370
Trend: Strong uptrend
Moving Averages:
MA(7) = 0.9109 → Support (short-term)
MA(25) = 0.8818 → Support (mid-term)
MA(99) = 0.8447 → Support (long-term)
RSI(6) = 72.6 → Overbought zone (>70), which may indicate a pullback is near
MACD is bullish (DIF > DEA) → Positive momentum
📈 Trade Plan (Short-Term Swing Trade) ✅ Bullish Scenario (If trend continues): Entry (Buy): Wait for a minor pullback to ~0.9100–0.9150 zone (near MA(7))
Hello crypto warriors, After losing a future I didn’t even have (thanks to futures trading 😅), I ghosted this platform. But hey — looks like the crypto gods are back from vacation this month. Is this a reversal or just another bull trap in disguise? Either way, I’m peeking in… cautiously optimistic and slightly traumatized.🚀📉😆