Long
#DEGO/USDT – Bullish Breakout Setup | 1H Chart Analys
#DEGO
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the 0.640 price level, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.660
First target: 0.688
Second target: 0.707
Third target: 0.735
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the 0.640 price level, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.660
First target: 0.688
Second target: 0.707
Third target: 0.735
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
Trade ativo
#DEGOFirst target: 0.688 Reached
Second target: 0.707 Reached
Trade fechado: objetivo atingido
#DEGOFirst target: 0.688 Reached
Second target: 0.707 Reached
Third target: 0.735 Reached
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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.