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03/24 - Trade analysis of SOLUSDT.P

Market Context


Macro Analysis Alignment

  • Risk Mode Alignment: ALIGNED
  • Volatility Suitability: SUITABLE
  • Liquidity Sufficiency: SUFFICIENT
  • Money Flow Compatibility: SUPPORTIVE
  • Macro Confidence Impact: Macro analysis supports cautious long bias, aligning with the rising wedge pattern

Technical Environment

  • Btc Influence: SUPPORTIVE
  • Sector Trend: STRENGTHENING
  • Volume Profile: HEALTHY
  • Correlations: Positive correlation with BTC's potential breakout above $90,000

Pattern Critical Analysis


Classification

  • Pattern Type: Rising Wedge (Expanding)
  • Formation Quality: HIGH
  • Completion Status: COMPLETE
  • Historical Reliability: Moderately reliable in bullish market conditions

Technical Validation

  • Rsi Confirmation: CONFIRMING
  • Volume Confirmation: STRONG
  • Ema Relationship: Price above 20, 50, and 200 EMAs across timeframes
  • Fvg Context: No significant FVGs visible in the immediate vicinity
  • Atr Context: Current volatility supports potential breakout from the wedge

Multi Timeframe Assessment


Timeframe Alignment

  • H1 Bias: BULLISH
  • H4 Bias: BULLISH
  • Daily Bias: BULLISH
  • Alignment Score: STRONG

Key Levels

  • Support Zones: NA
  • Resistance Zones: NA
  • Liquidity Pools: NA

Probability Assessment


  • Completion Probability: HIGH - Strong uptrend and volume support the pattern
  • False Breakout Risk: MODERATE - Potential for a fakeout at the upper trendline
  • Stop Hunt Vulnerability: LOW - Strong support levels below current price
  • Time Decay Risk: Pattern should resolve within 24-48 hours

Trade Decision

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