#ALICE
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key support zone in green at 0.1170. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.1200
Target 1: 0.1232
Target 2: 0.1256
Target 3: 0.1293
Stop Loss: At the resistance zone in green
Remember this simple rule: Money management.
Any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key support zone in green at 0.1170. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.1200
Target 1: 0.1232
Target 2: 0.1256
Target 3: 0.1293
Stop Loss: At the resistance zone in green
Remember this simple rule: Money management.
Any questions, please leave a comment.
Thank you.
Trade fechado: objetivo atingido
#ALICETarget 1: 0.1232
Target 2: 0.1256
Target 3: 0.1293
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Join Telegram Channel Signals Futures and Spot
👉 t.me/+WN4RexVn8DM2MTlk
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
