Ikhtiar Trading Jurnal

Today I attempted to sell Uniswap with my stop-loss placed at 6,299 and take-profit at 6,198. On the M15 timeframe, the area between the buy line and the stop-loss line on Uniswap can be considered an accumulation zone. If you notice, every time the price approaches the lower area around the stop-loss line, a rebound occurs, although not strong enough to break through the resistance above. This indicates that there is still sufficient buying interest to maintain the price above the support area. However, the price's inability to remain above the moving average indicates that selling pressure remains quite active in the market.

Today I attempted to buy Dogecoin with a stop-loss order at 0.19598 and a take-profit order at 0.19832. Dogecoin's current condition on the M15 timeframe can be classified as a transitional phase. The flattening moving average indicates that the trend is still weak, but the price's repeated resistance above the support area indicates that a reversal to the upside is still possible. If the price breaks through and maintains above the resistance area or take-profit line, it could signal the start of a new bullish trend. Conversely, if the price fails to maintain above the moving average and falls back below the stop-loss area, bearish pressure will return, opening the door to a lower price area.