Signals:
Entry price: 25,77
Target price: 32,62
Stop loss: 24,57
Indicators:
Keltner channel - price moved down to the lower boundary of the channel.
RSI reaches lower levels which suggests oversold conditions
ADX is a little bit above the 20.
-DI crossed over +DI and the space between them is wide.
Conclusion:
The entry price is at the support of one of the Fibbonacci retracement level. RSI was approaching the oversold area and now is going up - people have started to buy the asset. The ADX is increasing from the 20 level. The -DI is starting to decrease and is above the +DI which indicates the buy signal. The long position is recommended.
no financial advice
Entry price: 25,77
Target price: 32,62
Stop loss: 24,57
Indicators:
Keltner channel - price moved down to the lower boundary of the channel.
RSI reaches lower levels which suggests oversold conditions
ADX is a little bit above the 20.
-DI crossed over +DI and the space between them is wide.
Conclusion:
The entry price is at the support of one of the Fibbonacci retracement level. RSI was approaching the oversold area and now is going up - people have started to buy the asset. The ADX is increasing from the 20 level. The -DI is starting to decrease and is above the +DI which indicates the buy signal. The long position is recommended.
no financial advice
💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.