#HOOK
The price is moving in a head and shoulders pattern on the 1-hour frame, adhering well to it, and is heading for a strong breakout upwards and retesting it, forming the right shoulder.
We have a bounce from the lower channel line to the right shoulder, which is support at 0.0890.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
We have a trend of consolidation above the 100 moving average.
Entry price: 0.0970
First target: 0.1000
Second target: 0.1039
Third target: 0.1096
The price is moving in a head and shoulders pattern on the 1-hour frame, adhering well to it, and is heading for a strong breakout upwards and retesting it, forming the right shoulder.
We have a bounce from the lower channel line to the right shoulder, which is support at 0.0890.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
We have a trend of consolidation above the 100 moving average.
Entry price: 0.0970
First target: 0.1000
Second target: 0.1039
Third target: 0.1096
🚨 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.
🚨 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.