$BAS Signal】Pullback with multiple 4H bullish continuation


$BAS RSI 70.63, price breaks above the upper Bollinger band by 0.0200. The 4H MACD histogram is still expanding, and the buying depth ratio of 1.12 indicates ongoing support. But the current price is already above the upper limit of the suggested entry zone, making the long position's risk-reward ratio unfavorable.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.0180 (within the suggested zone)
🛑Stop loss: 0.017114
🚀Target 1: 0.020423
🚀Target 2: 0.020504
🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, move stop loss to break-even. If the price falls below the entry point, exit proactively.
Depth logic: After continuous volume increase on the 4H chart, trading volume shrinks, and the funding rate of 0.045% is not extreme, indicating a healthy correction. Wait for a pullback near the EMA20, with clear support for buying. Be cautious of the current high level, but as long as the trend remains intact, a pullback to go long is more comfortable.
Check real-time market 👇 $BAS
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易
BAS25.13%
BTC0.51%
ETH0.52%
SOL0.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin