CYBER / TetherUS
Long
Aggiornato

#CYBER/USDT Forming Bullish Continuation ?

131
#CYBER

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.

We are seeing a bearish trend in the Relative Strength Index (RSI), which has reached near the lower boundary, and an upward bounce is expected.

There is a key support zone in green at 0.740, and the price has bounced from this level several times. Another bounce is expected.

We are seeing a trend towards stabilizing above the 100-period moving average, which we are approaching, supporting the upward trend.

Entry Price: 0.760
First Target: 0.778
Second Target: 0.800
Third Target: 0.840

Remember a simple principle: Money Management.

Place your stop-loss order below the green support zone.

For any questions, please leave a comment.

Thank you.
Trade attivo
#CYBER
First Target: 0.778 Reached
Second Target: 0.800 Reached
Trade chiuso: obiettivo raggiunto
istantanea
#CYBER
First Target: 0.778 Reached
Second Target: 0.800 Reached
Third Target: 0.840 Reached

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