#ZETA
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 0.06230. The price has bounced from this level multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 0.06624
First target: 0.06737
Second target: 0.06886
Third target: 0.07123
Don't forget a simple principle: money management.
Place your stop-loss order below the support zone in green.
For any questions, please leave a comment.
Thank you.
Trade ativo
#ZETA
First target: 0.06737 Reached
Second target: 0.06886 Reached
Trade fechado: objetivo atingido
#ZETA
First target: 0.06737 Reached
Second target: 0.06886 Reached
Third target: 0.07123 Reached
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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.