Merlin Chain recovers, back above long-term support
MasterAnanda
مشخصات معامله
نوع معامله:
خرید
قیمت در زمان انتشار:
۰.۰۶۴۹۸
توضیحات
MERLUSDT is moving back above long-term support, the low from February 2025. Revealing the last move as a stop-loss hunt event.
MERL broke below support and stayed below just barely in order to activate all stop-loss orders. As this goal is now complete, the market recovers. Above the February 2025 low, bullish potential becomes active once more.
The support in question is the one that initiated a 800% strong bullish move. It happened last year, it can easily happen again.
The strong correction simply means buyers took profits, the market taking profits. Once profit taking is over we get a reversal and the start of a new bullish cycle.
The last bullish cycle last 294 days. The present one can unravel much faster or it can be similar. It happened that MERLUSDT moved in isolation to the rest of the market, and this is a desirable event.
For this project, anything goes. When a project creates its own chart regardless of marketwide action, it should be traded as it means real human action is happening behind the scenes.
Most trading pairs move based on algorithms which makes for very similar and repeating patterns marketwide. These are easy to predict but also hard. Since everything is the same, the market can easily trick the masses.
When it comes to organic price action, it is a completely different game.
The action is happening at the bottom with a recovery taking shape. The week is early and MERL is green. This implies plenty of room for prices to move higher; a good trading pair.
Thank you for reading.
Namaste.
MERL broke below support and stayed below just barely in order to activate all stop-loss orders. As this goal is now complete, the market recovers. Above the February 2025 low, bullish potential becomes active once more.
The support in question is the one that initiated a 800% strong bullish move. It happened last year, it can easily happen again.
The strong correction simply means buyers took profits, the market taking profits. Once profit taking is over we get a reversal and the start of a new bullish cycle.
The last bullish cycle last 294 days. The present one can unravel much faster or it can be similar. It happened that MERLUSDT moved in isolation to the rest of the market, and this is a desirable event.
For this project, anything goes. When a project creates its own chart regardless of marketwide action, it should be traded as it means real human action is happening behind the scenes.
Most trading pairs move based on algorithms which makes for very similar and repeating patterns marketwide. These are easy to predict but also hard. Since everything is the same, the market can easily trick the masses.
When it comes to organic price action, it is a completely different game.
The action is happening at the bottom with a recovery taking shape. The week is early and MERL is green. This implies plenty of room for prices to move higher; a good trading pair.
Thank you for reading.
Namaste.
منتخب سردبیر
مشاهده بیشتردستیار هوشمند ارز دیجیتال
ترمینال ترید بایتیکل نرمافزار جامع ترید و سرمایهگذاری در بازار ارز دیجیتال است و امکاناتی مانند دورههای آموزشی ترید و سرمایهگذاری، تریدینگ ویو بدون محدودیت، هوش مصنوعی استراتژی ساز ترید، کلیه دادههای بازارهای مالی شامل دادههای اقتصاد کلان، تحلیل احساسات بازار، تکنیکال و آنچین، اتصال و مدیریت حساب صرافیها و تحلیلهای لحظهای را برای کاربران فراهم میکند.
