02/19 - Trade analysis of SCRUSDT.P
Market Summary
Market Regime
- Risk Mode: RISK-ON
- Volatility: MODERATE
- Liquidity: ABUNDANT
- Money Flow: ENTERING crypto markets
Pattern Fit
HIGH
Key Risks
- Potential for volatility spikes affecting the trade
- Sector rotation risk, as capital may flow out of the current market leadership
- Sudden liquidity shifts that could invalidate the pattern
Pattern Analysis
- Pattern Type: Ascending Triangle (Contracting)
- Strength Score: MODERATE
- Market Regime Alignment Score: HIGH
Trade Decision
- Confidence Score: 8
- Did Enter: true
- Trade Direction: LONG
Trade Parameters
- Entry Range: $0.5950 - $0.6050
- Stop Loss: $0.5800
- Take Profit: NA
- Risk Reward Ratio: 1:2
Ongoing Monitoring
Invalidation Conditions
- Breakdown below the ascending trendline support
- Failure to hold the 20/50 EMA on the 1H timeframe
- Sudden drop in volume below the 20-period average
Key Confirmations
- Breakout volume surge above the 20-period average
- 1H candle close above the 50 EMA, confirming the breakout
- 4H timeframe aligning with the 1H bullish structure
Adjustments Based On Real Time Data
- If the 4H timeframe starts to contradict the 1H bullish structure, consider reducing position size or exiting the trade.
- Monitor the broader market conditions, particularly BTC and ETH price action, for any signs of a potential sector rotation that could undermine the trade setup.