#PORTAL
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
A key support zone has been identified in green at 0.007000. 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: 0.007600
Target 1: 0.007762
Target 2: 0.007997
Target 3: 0.00828
You can close at the second target or wait for the third target to be reached. The choice is yours.
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 hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
A key support zone has been identified in green at 0.007000. 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: 0.007600
Target 1: 0.007762
Target 2: 0.007997
Target 3: 0.00828
You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone in green.
Remember this simple rule: Money management.
Any questions? Please leave a comment.
Thank you.
Сделка закрыта: достигнута тейк-профит цена
#PORTAL
Target 1: 0.007762 Reached
Target 2: 0.007997 Reached
Target 3: 0.00828 Reached
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👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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👉 t.me/CryptoSignalsSpotFree
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.