The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.01630.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.
There is a key support area (in green) at 0.01590, which represents a strong basis for the upside.
Don't forget one 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 of stability above the Moving Average 100.
Entry price: 0.01711
First target: 0.01763
Second target: 0.01812
Third target: 0.01874
Don't forget one 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.
Thank you.
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