FIL / TetherUS
Long
Aktualisiert

#FIL/USDT Ready for a Breakout? Analysis of a Long Accumulatio

312
#FIL

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 0.923, and 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: 0.943
First Target: 0.960
Second Target: 0.980
Third Target: 1.00

Stop Loss: At the resistance zone in green

Remember this simple rule: Money management.

Any questions, please leave a comment.

Thank you.
Trade geschlossen: Ziel wurde erreicht
#FIL
First Target: 0.960 Reached
Second Target: 0.980 Reached
Third Target: 1.00 Reached

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