#PDA/USDT#PDA
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.0400
We have an uptrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.0506
First target 0.0700
Second target 0.0864
Third target 0.1050
PDABTC
PDA ANALYSISIt has a bullish structure and we have a bullish CH and BOS on the chart and the trigger line is broken.
We are looking for Buy/Long on the demand range
The targets are marked on the picture
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks