🚀 ID is on fire! 🚀
#ID #crypto #trading Dude! The price of ID showed us a retest of a key zone and, with that big wick, it seems like it wants to continue its upward path. We saw a consolidation in the form of an ascending wedge that finally broke upwards with strong volume, confirming the move! 📈
As if that weren't enough, the Federal Reserve (FED) just announced a halt on interest rate hikes, which could give a boost to the markets and bring fresh liquidity to the cryptos. This could be the fuel ID needs to break the current resistance and soar.
Trading Plan
Strategy: LONG 🐂
Entry: 0.16677
Stop Loss (SL): 0.1558 (last minimum of the wedge)
Targets (TP):
TP1: 0.1885 (R:R 1:2)
TP2: 0.200 (R:R 1:3)
The momentum is with us, and the market structure gives us the green light to go upward! 🚀
$ID