๐ BONK Coin Trade Setup (Example)
๐ฐ๏ธ Timeframe: 4H (Mid-term swing trade)
๐ Indicators Used:
50 EMA (trend direction)
RSI (Relative Strength Index) - momentum
Support/Resistance zones
Candlestick patterns (confirmation)
๐ง Setup Type: Pullback Long Setup
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๐งญ Trade Idea
Trend: Uptrend confirmed (price above 50 EMA)
Trigger: Bullish engulfing candle off support
Support Zone: $0.00002000
Resistance Zone (Target): $0.00002600
Stop Loss: $0.00001880 (below support wick)
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โ Entry Criteria
Price pulls back to support near $0.00002000
Bullish engulfing or hammer candle confirms buyer strength
RSI turns up from 40โ50 zone
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๐งฎ Trade Levels
Entry: ~$0.00002050 (after candle confirmation)
Stop Loss: $0.00001880
Target: $0.00002600
Risk:Reward: ~1:3
#Liquidity101
