Long
UTKUSDT PA Range| Range High| Volume Influx| Trend
Evening Traders,
Today’s analysis – UTKUSDT- trading above its Range High where continuation is probable,
Points to consider,
- Price Action Impulsive
- Swing High Objective
- Volume Influxes
- RSI Bullish Control
UTKUSDT’s immediate price action is impulsive, holding support above the Range High allows for a bullish bias.
Current objective is the Swing High, exceeding this level is indicative of a trend continuation.
The Volume Profile has strong impulses, with the RSI maintaining its bullish control zone, this is indicative of strength.
Overall, in my opinion, UTKUSDT is a valid long with defined risk, Price Action is to be used upon discretion/ management.
Thank you for following my work
And remember,
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.” - Van K. Tharp
Today’s analysis – UTKUSDT- trading above its Range High where continuation is probable,
Points to consider,
- Price Action Impulsive
- Swing High Objective
- Volume Influxes
- RSI Bullish Control
UTKUSDT’s immediate price action is impulsive, holding support above the Range High allows for a bullish bias.
Current objective is the Swing High, exceeding this level is indicative of a trend continuation.
The Volume Profile has strong impulses, with the RSI maintaining its bullish control zone, this is indicative of strength.
Overall, in my opinion, UTKUSDT is a valid long with defined risk, Price Action is to be used upon discretion/ management.
Thank you for following my work
And remember,
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.” - Van K. Tharp
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.