Someone laid out a plan on the 4-hour chart, while most traders are still hesitating over the 15-minute line.



$LAB entry range 0.1500-0.1514, with the stop-loss set below 0.1330. The 15-minute RSI is 52.5—neither overheated nor exhausted. The daily range hasn’t been broken yet either; TP1 at 0.1639 already offers 8.7% profit.

TP1 0.1639 accounts for the most stable 8.7%
TP2 0.1728
TP3 0.1860

Don’t get carried away with your position; if this structure turns the wrong way, the stop-loss level is the final insurance.
LAB13.56%
View Original
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
  • 13
  • 2
  • Share
Comment
Add a comment
Add a comment
ScratchKing
· 14h ago
Learned a lot—thank you for sharing.
View OriginalReply0
SPObserver
· 07-20 19:16
A 8.7% profit is certainly tempting, but is setting a stop-loss at 0.1330 a bit too wide? If there’s a sudden wick, it could be gone.
View OriginalReply0
ColdWalletUnderTheNeonLights
· 07-20 17:33
Actually, the four-hour chart setup is quite reasonable. The daily chart hasn’t broken the range, so it’s still in consolidation; the 15-minute RSI is neutral, and the entry point selection was good. However, position management is definitely important—don’t be greedy; taking profit in batches is safer.
View OriginalReply0
GhostCandle
· 07-20 06:56
This range is indeed stable, but we still need to see how the broader market performs.
View OriginalReply0
CompoundFarmer
· 07-20 06:43
The strategy described by the OP is very clear: the entry range, stop-loss, and target levels are all specified, and the position management reminder is also in place. However, how is the liquidity for $LAB? If the market cap is small, slippage could be large—consider placing limit orders rather than entering at market price.
View OriginalReply0
RugTamer
· 07-20 06:41
Think bigger—don’t always fixate on 15 minutes.
View OriginalReply0
RiskRadar
· 07-20 06:30
Most traders hesitate around the 15-minute line because they don’t see the larger timeframe trend. The structural approach using a 4-hour chart like the OP is the right way—set your stop-loss, keep a reasonable risk-reward ratio, and leave the rest to the market.
View OriginalReply0
Liqheatmap_Hunters
· 07-20 06:25
i swear u must liq
Reply0
ElliottSurfer
· 07-20 06:23
RSI 52.5 is definitely neutral, but is there a bullish crossover on the MACD? It would be best to combine the signals as well.
View OriginalReply0
RegretValue
· 07-20 06:21
TP1 feels pretty close at 0.1639, but 8.7% is enough too—hold it steady for now and then talk.
View OriginalReply0
View More
  • Pinned