#MYRO/USDT Breaks Out of Inverse Head and Shoulders

#MYRO

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

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.005970. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.006098
First target: 0.006210
Second target: 0.006396
Third target: 0.006597

Don't forget a simple principle: money management.

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

For any questions, please leave a comment.

Thank you.

トレード終了: 利益確定目標に到達

#MYRO
First target: 0.006210 Reached
Second target: 0.006396 Reached
Third target: 0.006597 Reached

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