#CGPT
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.0820, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.0785.
Entry price: 0.0841
First target: 0.0872
Second target: 0.0900
Third target: 0.0938
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.0820, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.0785.
Entry price: 0.0841
First target: 0.0872
Second target: 0.0900
Third target: 0.0938
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
Trade chiuso: obiettivo raggiunto
#CGPT
First target: 0.0872
Second target: 0.0900
Third target: 0.0938
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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
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.