#MYRO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.01794, representing a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.01844
First target: 0.01890
Second target: 0.01940
Third target: 0.02020
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.01794, representing a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.01844
First target: 0.01890
Second target: 0.01940
Third target: 0.02020
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
Trade closed: target reached
#MYROFirst target: 0.01890 Reached
Second target: 0.01940 Reached
Third target: 0.02020 Reached
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📍Trade Smart & Stay Protected⭐️Telegram Channel
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📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.