POLUSDT has been trading inside a clean ascending channel ๐, respecting both support and resistance levels.
After a strong push upward, price is now pulling back toward the previous structure zone around 0.26 โ 0.27, which aligns perfectly with the lower bound of the channel.
This area forms a strong confluence (structure + channel support) ๐, making it an ideal spot to look for long opportunities. As long as this zone holds, bulls ๐ could regain control and push price toward the next resistance levels in the 0.32.
Patience here is key โณ โ waiting for confirmation before entering can set up a high-probability continuation trade.
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After a strong push upward, price is now pulling back toward the previous structure zone around 0.26 โ 0.27, which aligns perfectly with the lower bound of the channel.
This area forms a strong confluence (structure + channel support) ๐, making it an ideal spot to look for long opportunities. As long as this zone holds, bulls ๐ could regain control and push price toward the next resistance levels in the 0.32.
Patience here is key โณ โ waiting for confirmation before entering can set up a high-probability continuation trade.
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.