We have an ascending channel model on the 4-hour frame, the price is moving within it and adhering to its borders well and heading to break it down.
We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.
We have a trend to touch the moving average of 100.
We have an upward trend on the RSI indicator that supports further decline.
Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87
We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.
We have a trend to touch the moving average of 100.
We have an upward trend on the RSI indicator that supports further decline.
Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87
Trade active
First target 5.50 ReachedTrade active
First target 5.50. ReachedSecond target 5.22. Reached
Trade closed: target reached
.First target 5.50. Reached
Second target 5.22. Reached
Third target 4.87 Reached
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🚨 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.