#XVG
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone (in green) at 0.002086. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.002090
Target 1: 0.002264
Target 2: 0.002312
Target 3: 0.002377
Stop Loss: At the resistance zone (in green)
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone (in green) at 0.002086. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.002090
Target 1: 0.002264
Target 2: 0.002312
Target 3: 0.002377
Stop Loss: At the resistance zone (in green)
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
Transakcja zamknięta: osiągnięto wyznaczony cel
#XVG
Target 1: 0.002264 Reached
Target 2: 0.002312 Reached
Target 3: 0.002377 Reached
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
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👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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👉 t.me/CryptoSignalFuturesSpot
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👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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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.