Short
#TON/USDT : Short Wave Still In Progress
#TON
The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking downwards, with a retest of the upper limit expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit, and a downward reversal is expected.
There is a major resistance zone in green at 1.94. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it, which supports a downward move towards touching it.
Entry price: 1.84
First target: 1.81
Second target: 1.77
Third target: 1.72
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking downwards, with a retest of the upper limit expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit, and a downward reversal is expected.
There is a major resistance zone in green at 1.94. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it, which supports a downward move towards touching it.
Entry price: 1.84
First target: 1.81
Second target: 1.77
Third target: 1.72
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
Trade attivo
#TON
First target: 1.81 Reached
Second target: 1.77 Reached
Third target: 1.72 Reached
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
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.