#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.
Transakcja zamknięta: osiągnięto wyznaczony cel
#MAGIC
First target: 0.1164 Reached
Second target: 0.1211 Reached
Third target: 0.1270 Reached
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Join Telegram Channel Signals Futures and Spot
👉t.me/CryptoSignalFuturesSpot
👉t.me/CryptoSignalFuturesSpot
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.