SAGA Scending Triangle near SupportSAGA has formed a ascending triangle near Support and is currently following support and resistance. Any breakout above resistance may lead to trend reversal
SAGAUSDT.PS trade ideas
SAGA downard TrendOverall SAGA is in downward trend and each rise is oppurtunity to sell till the time there is reversal of trend
Ater breaking out of Cup and Handle pattern, it has retested and now expected to reach a price of 1.1960 and 2nd target is expected to be 1.1439
Own ideas....
Saga Near Support resistanceSaga is near support level after falling sharply and i am expecting to bounce back since it's near Support level.
it will be a short duration trade
Currently it's in channel and if it breaks and after pull back sustains the momentum then i can expect a target of 1.3440 ( If it sustanins)
i am also bearing in mind that previous trend is bearish so every opputunity of rise in price may actually be a selling oppurtunity...so have to be cautious
Above is soley for my own learning and my own notes....
Saga Channel TradeFor learning
partial reversal from bottom and expected to touch previous top 1.4875
SAGA_Target- In ascending triangle and is expected resume upward trend considering prior trend is up
- Consolidation phase following trend line,
Targets- Expected to reach prior highest high (1.6845) and next target is expected around reach (1.8085) in coming days
Next move for SAGA - Day ViewThis is my prediction about next wave of saga.
Since Saga had break out of sell momentum. It need at least 2 weeks to reach new goal position.
My target for next 12 days of SAGA is 7.0 (about 70%).
$SAGA potential entry levels Saga is showing a bottoming structure on HTF. Decent support at 1.16$ and excellent support at 0.9$(best entry). Current resistance level is around 1.75$. I’m expecting it to pull a 7-10x in the coming months.
Short-term trade on SAGAUSDTSAGAUSDT was falling from its release from 09-APR-2024 then came to accumulation zone with minimal stop loss we can earn huge amount.
entry when BTC settled down
stop was 1.27-1.25 your wish (if you dare some extra, use 1.24 as stop) (please use it.)
target was
25% at the 1.55
50% at the 1.75
rest I will update (based on the price action and the TA).
WHY I ENTERED:
I observed that OI was increasing, and the price was accumulating for the past 15 days, also price did not move below when BTC was moving down.
The price was in the POC area.
I think this may be the bottom.
Note:
please use the stops
all trades do not hit targets
we can hit stop-loss in this trade
please manage your capital effectively
here we can risk 7% of capital because it was a lower risk than others but be sure to calculate your loss at the level of 1.27,1.26,1.25.
