BUY: 0.0078 – 0.0083
TARGETS:
1) 0.0100
2) 0.0120
3) 0.0139
STOP: When 4h candle closes below 0.0067
Rationale:
-A diagonal trendline has formed and price is respecting it as support
-Price has been consolidating underneath resistance and looks ready to break out. Once it breaks and retests resistance this area will become support.
-Bullish divergence has formed and price is now making higher lows.
-Price is just about to break out of the buy zone and move above both EMAs.
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) 0.0100
2) 0.0120
3) 0.0139
STOP: When 4h candle closes below 0.0067
Rationale:
-A diagonal trendline has formed and price is respecting it as support
-Price has been consolidating underneath resistance and looks ready to break out. Once it breaks and retests resistance this area will become support.
-Bullish divergence has formed and price is now making higher lows.
-Price is just about to break out of the buy zone and move above both EMAs.
Your risk, your reward. This is not financial advice.
Happy trading.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.