Order Type: Buy Limit
Entry Price: $2400
Take Profit: $2450
Stop Loss: $2370
Confidence Level: 75%
Justification:
Price is near the middle Bollinger Band on the 4-hour chart, indicating a good entry point for a potential move upward.
MACD on shorter time frames suggests a potential bullish reversal.
Support at $2404 provides a good risk-reward ratio.
Volume analysis indicates stable interest at these price levels, supporting the potential for an upward move.
Entry Price: $2400
Take Profit: $2450
Stop Loss: $2370
Confidence Level: 75%
Justification:
Price is near the middle Bollinger Band on the 4-hour chart, indicating a good entry point for a potential move upward.
MACD on shorter time frames suggests a potential bullish reversal.
Support at $2404 provides a good risk-reward ratio.
Volume analysis indicates stable interest at these price levels, supporting the potential for an upward move.
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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.