#ARB
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.
There is a key support zone in green at 0.01040. The price has bounced from this zone several times and is expected to bounce again.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.1111
First Target: 0.1141
Second Target: 0.1189
Third Target: 0.1239
Stop Loss: Above the green support zone.
Don't forget one simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.
There is a key support zone in green at 0.01040. The price has bounced from this zone several times and is expected to bounce again.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.1111
First Target: 0.1141
Second Target: 0.1189
Third Target: 0.1239
Stop Loss: Above the green support zone.
Don't forget one simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
Trade ativo
#ARB
First Target: 0.1141 Reached
Second Target: 0.1189 Reached
Trade fechado: objetivo atingido
#ARB
First Target: 0.1141 Reached
Second Target: 0.1189 Reached
Third Target: 0.1239 Reached
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Join Telegram Channel Signals Futures and Spot
👉t.me/+WN4RexVn8DM2MTlk
👉t.me/+WN4RexVn8DM2MTlk
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.