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.
交易开始
Running in Profit交易手动结束
Trade went sideways more than 3-4 days, So I'm planning to close this trade at cost to cost
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。