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#NFB/USDT Forming Descending Channel

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#NFB

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside.

There is a major support area (marked in green) at 0.0600, which represents a strong basis for the upside.

For inquiries, please leave a comment.

We are in a consolidation trend above the 100 moving average.

Entry price: 0.0665
First target: 0.0693
Second target: 0.0740
Third target: 0.0798

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.
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#NFB
First target: 0.0693 Reached
Second target: 0.0740 Reached

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.