#MAGIC
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at 0.1055, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.1123
First target: 0.1164
Second target: 0.1211
Third target: 0.1270
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at 0.1055, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.1123
First target: 0.1164
Second target: 0.1211
Third target: 0.1270
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
Dagangan ditutup: sasaran tercapai
#MAGIC
First target: 0.1164 Reached
Second target: 0.1211 Reached
Third target: 0.1270 Reached
Join Telegram Channel Signals Futures and Spot
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Join Telegram Channel Signals Futures and Spot
👉t.me/CryptoSignalFuturesSpot
👉t.me/CryptoSignalFuturesSpot
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.