DUCKCHAIN LONGDUCKCHAIN is currently primed to move out of its accumulation zone. In fact, it is lagging behind alt coins who has already made there way out of their accumulation channel. Duckchain is in a prime location to see massive moves from this zone. First major target area is .00448 region. We are currently lookinng at using 4x leverage in the futures market. This will also give us a 1:4 risk reward from these levels.
DUCKUSDT trade ideas
Long Entry Signal for DUCK/USDT - Trading System Confirmation
Given the daily chart for DUCKUSDT and the specified indicators:
MLR vs. SMA: MLR (blue) is above SMA (pink), indicating a bullish trend.
MLR vs. BB Center: MLR is above the BB Center Line (orange), suggesting bullish conditions.
PSAR: PSAR dots (black) are under the price, confirming a bullish trend.
Exception: Since the 200-period SMA is not available, we're making an exception by proceeding without this long-term confirmation.
Current Strategy: With the entry conditions met (MLR above SMA, MLR above BB Center Line, PSAR under price), we are ready to enter a long position despite the absence of the 200 SMA for long-term trend confirmation. Proceed with caution and closely monitor for any changes or additional confirmations.