PIUSDT – Potential Long Setup from Ascending Channel Support (4H
I’m watching PIUSDT closely as it approaches a significant confluence of technical levels on the 4-hour chart:
🔹 Key Highlights:
Ascending Channel Support: Price is testing the lower boundary of the channel (orange trendline).
Descending Trendline Resistance: Creating a wedge structure—breakout potential if momentum builds.
Bullish Structure: Clear rejection wicks and consolidation near support suggest accumulation.
✅ Trade Plan:
Entry Trigger: Confirmed breakout and close above the descending trendline.
Targets:
🥇 1st Target: 0.5650 (local resistance)
🥈 2nd Target: 0.6550 (major horizontal resistance)
Stop Loss: Below 0.4392 (breakdown invalidates the setup)
⚠️ Risk Management:
Always use proper position sizing and a disciplined stop loss. This setup is shared for educational purposes—do your own research before entering any trades.
🔹 Key Highlights:
Ascending Channel Support: Price is testing the lower boundary of the channel (orange trendline).
Descending Trendline Resistance: Creating a wedge structure—breakout potential if momentum builds.
Bullish Structure: Clear rejection wicks and consolidation near support suggest accumulation.
✅ Trade Plan:
Entry Trigger: Confirmed breakout and close above the descending trendline.
Targets:
🥇 1st Target: 0.5650 (local resistance)
🥈 2nd Target: 0.6550 (major horizontal resistance)
Stop Loss: Below 0.4392 (breakdown invalidates the setup)
⚠️ Risk Management:
Always use proper position sizing and a disciplined stop loss. This setup is shared for educational purposes—do your own research before entering any trades.
交易進行
Running in Profit手動結束交易
Trade went sideways more than 3-4 days, So I'm planning to close this trade at cost to cost
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。