Long

SafePal Signals a Bullish Rally..?!! 🚀SFP Today Analysis

Updated

💎Over the past few days, SFPUSDT has been crafting a descending channel. A recent breakout from this descending channel suggests a potential shift in market sentiment.

💎Currently, it is trading above the 50-day Exponential Moving Average (EMA), which also confirmed the bullish scenario. Trading above this moving average indicates strength and positive momentum for SFP.

💎The presence of high demand in the market is anticipated to significantly contribute to a bullish run.

💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!

Note

Let's take a quick look at SFPUSDT. It has followed our predictions nicely, achieving a 24.6% gain.

💎 After the breakout, it made an upward move, mitigated the OB, grabbed liquidity, and then set a downward move. What's happening here?

💎 It's taking a pullback to address the recently created OB and is consolidating in that area after grabbing liquidity.

💎 One key observation at the moment is that there's an Order Block around $0.3792 in the lower timeframe that needs to be mitigated for the next possible move.

Trade closed: target reached

🌴 SafePal Free Signal update🌴
💎All targets for #SFP/USDT have been successfully met 🍾

💎Profit generated:46.99% 📈
💎Duration: 35 Days 5 hour and 10 Minutes ⏰

MyCryptoParadise_Simon

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV

Also on:

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.