COSUSDT is currently displaying a bullish divergence on the 1-hour (1H) time frame, accompanied by a breakout above the last lower high. This pattern suggests a potential reversal and the initiation of a bullish trend.
Here's a brief technical analysis along with a suggested trading strategy:
Entry: Consider entering a long position at the current market price (CMP) of 0.00810.
Stop Loss (SL): Implement a stop loss order at 0.00775 to effectively manage risk.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.00845
TP2 = 0.00880
This trading strategy aims to capitalize on the anticipated bullish trend. Keep a close watch on the market for any changes in price action and be prepared to adjust the strategy accordingly.
Here's a brief technical analysis along with a suggested trading strategy:
Entry: Consider entering a long position at the current market price (CMP) of 0.00810.
Stop Loss (SL): Implement a stop loss order at 0.00775 to effectively manage risk.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.00845
TP2 = 0.00880
This trading strategy aims to capitalize on the anticipated bullish trend. Keep a close watch on the market for any changes in price action and be prepared to adjust the strategy accordingly.
Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.