Cycles HWC = falling trend MWC = downtrend with weakness LWC= no trend Because our MWC is weak, we can look for a long position And since our HWC is bearish, we can also look for short positions lWC has no effect either Only our risk management and the way we set stop loss should be different <hr> We are in the box in the one-hour time frame So we can take our position with the failure of support and resistance
For long position:📈 Breaking the trend line = entering earlier and riskier Resistance break = 0.1319 risky Resistance break = 0.1347 = later but safer
You can choose according to your personality and strategy
For shorts position:📉 failure 0.01298 I don't see any more entries
If you want me to analyze a coin, tell me in the comment🫡