Bearish Setup (Trend Continuation)
Long-term downtrend intact (lower highs, lower lows).
Price trading below all EMAs, slope is negative.
Momentum: RSI weak (~40), not oversold yet → room for more downside.
Key Breakdown Level: $236.
If broken → next major support $174.68.
Long Setup / Bounce (Countertrend Play)
Current zone $236–263 = strong multi-year support.
I am long from $262.30, with stop at $249.50 → good risk-defined setup.
If $236–263 holds, upside bounce targets are:
$284 (first profit-taking zone).
$322–345 (EMA cluster & supply).
$375 (major resistance).
Risk/reward: ~13 points risk vs 60–110+ points potential reward (good R:R).
Summary:
Bears → Breakdown below $236 opens $174 downside.
Bulls (My current setup) → Long from $262.30, SL $249.50, looking for bounce to $284 → $322 → $375.
Long-term downtrend intact (lower highs, lower lows).
Price trading below all EMAs, slope is negative.
Momentum: RSI weak (~40), not oversold yet → room for more downside.
Key Breakdown Level: $236.
If broken → next major support $174.68.
Long Setup / Bounce (Countertrend Play)
Current zone $236–263 = strong multi-year support.
I am long from $262.30, with stop at $249.50 → good risk-defined setup.
If $236–263 holds, upside bounce targets are:
$284 (first profit-taking zone).
$322–345 (EMA cluster & supply).
$375 (major resistance).
Risk/reward: ~13 points risk vs 60–110+ points potential reward (good R:R).
Summary:
Bears → Breakdown below $236 opens $174 downside.
Bulls (My current setup) → Long from $262.30, SL $249.50, looking for bounce to $284 → $322 → $375.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.