PORTAL LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
PORTALUSDT trade ideas
PORTAL/USDT If break the descending, Indicating bullish momentum💎 PORTAL has recently undergone notable market dynamics. Presently, PORTAL has successfully reclaimed its position above the support area and is now approaching the resistance of a descending channel pattern.
💎 A breakout above this pattern would signal bullish momentum, probability propelling the price further upward toward our target resistance area.
💎 However, should PORTAL fail to break above the pattern and retreat back to the support level, there's a risk of losing the support, leading to a potential downturn towards the demand area around $1.8 - $1.7.
💎 PORTAL must bounce from the demand area and reclaim its position above $2.07 to sustain upward momentum.
💎 Failure to do so could result in further downward movement, particularly if key support levels are breached.
$PORTAL #Gaming A top pick heading skywards #LONGMy top #gaming pick is PORTAL
Back test finding upward momentum and support. Not need to worry, I've set and forget this one. Will check occasionally but feel a possible target of $3 is within reach.
Gaming is a hot sector.
#dyor
Not financial advice.