$MAGIC

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it.

We have support from the lower boundary of the descending channel, at 0.1474.

We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.

There is a major support area in green at 0.1700, which represents a strong basis for the upside.

Don't forget a simple thing: ease and capital.

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.

We have a trend to hold above the 100 Moving Average.

Entry price: 0.1800.

First target: 0.1837.

Second target: 0.1900.

Third target: 0.1958.

Don't forget a simple thing: ease and capital.

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

For inquiries, please leave a comment.

Thank you.