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Let's analyse AUCTIONUSDT on LTF for long trade set-up.
TECHNICAL ANALYSIS: Auction has broken out of a rising wedge pattern, indicating a potential 25% rally. Both RSI and MACD show bullish signals, suggesting a favorable quick trading opportunity.
Entry: CMP to $20.9
SL: $19.76
Target: $22.6, $23.36, $26.09
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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.