#XAL
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.6090
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.6380
First target 0.6786
Second target 0.7225
Third target 0.7640
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.6090
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.6380
First target 0.6786
Second target 0.7225
Third target 0.7640
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.