It is moving in an ascending channel at time h4. With the breaking of the previous major ceiling, it is placed in a density which, if supported in the green box range, will have the ability to exit the density for the specified target and resistance. Otherwise, it will touch the previous floor.
🟩Sup: 0.2930
⛳️Tp 1:0.34
⛳️ Tp2 :0.3540 | 0.366
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🟩Sup: 0.2930
⛳️Tp 1:0.34
⛳️ Tp2 :0.3540 | 0.366
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
Note
Cell's position was correct, but this did not happen in this exchange due to the lack of liquidity, and in the Binance exchange, a shadow was cast on the area, which is clear that the aggregated liquidity has been collected at the bottom.Therefore, pay attention carefully, maybe this position will not be activated in this exchange, considering that this liquidity is collected in Binance exchange, and the possibility of failure from above due to the collection of liquidity will be very high. So be very careful.
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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.