1000SATS - Resistance breakout | Long Trade
#1000SATS/USDT #Analysis
Description
---------------------------------------------------------------
+ The price has reached the resistance line for the fifth time, and there are indications that it may finally break out.
+ I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line.
+ Let's exercise patience and wait for the breakout confirmation before entering the trade.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:0.0005535
Stop Loss: 0.0004856
------------------------------
Target 1:0.0005936
Target 2: 0.0006501
Target 3: 0.0007405
------------------------------
Timeframe:1H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ The price has reached the resistance line for the fifth time, and there are indications that it may finally break out.
+ I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line.
+ Let's exercise patience and wait for the breakout confirmation before entering the trade.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:0.0005535
Stop Loss: 0.0004856
------------------------------
Target 1:0.0005936
Target 2: 0.0006501
Target 3: 0.0007405
------------------------------
Timeframe:1H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.