Long Entry Signal for COOK/USDT

há 5 dias

Based on the daily chart for COOKUSDT on Bybit, here's a concise analysis:

MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.

Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.

Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.

Thank you1

há 4 dias

Nota

Trade is still active; don't forget to move the stop loss (SL) to the Parabolic SAR (PSAR) and wait for the Middle Line Regression (MLR) to cross the Simple Moving Average (SMA) for the exit.

anteontem

Trade fechado: stop atingido