Strategy "Golden Bounce After the Third Wave" for
Strategy Name:
Golden Bounce After Correction
What do we observe on the chart?
Indicator Value Significance
Current Price 0.1934 USDT Down -5.70% from the peak
RSI 51.6 In neutral zone → means the price has eased from saturation
MACD Converging Still slightly positive → Correction has slowed ✔️
Price is close to MA20 (Purple Average) = Excellent technical support
What are the profit opportunities now?
The price corrected after a bullish explosion and reached a support level, and it is likely to bounce from it if it maintains stability.
The Action Plan:
Smart Entry:
Ideal Buying Area: Between 0.1880 – 0.1930 USDT (any confirmed bounce point above MA20)
Targets (Take Profit):
1. TP1 = 0.2150 USDT – Testing the first resistance
2. TP2 = 0.2350 USDT – Returning to the last peak
3. TP3 = 0.25 USDT – If strong momentum returns
Stop Loss:
Closing a 4-hour candle below 0.1850 = Immediate exit
Why is this strategy profitable?
The market gave a "cooling" opportunity after a violent rise, and selling has started to weaken.
RSI bounced from 70 to 50 → Opportunity for re-accumulation.
The proximity of the price to the purple average (MA) provides strong support.
Question for the followers:
If you were in the whales' position... Would you enter from here? Or wait for a new break? Share your opinion!