EDU / TetherUS
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#EDU/USDT Forming Descending Triangle

92
#EDU

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward break.

We have a support area at the lower boundary of the channel at 0.1300, acting as a strong support from which the price can rebound.

We have a major support area in green that pushed the price upward at 0.1350.

Entry price: 0.1400.
First target: 0.1426.
Second target: 0.1460.
Third target: 0.1520.
To manage risk, don't forget stop loss and capital management.

When you reach the first target, save some profits and then change your stop order to an entry order.

For inquiries, please comment.

Thank you.
Dagangan ditutup: sasaran tercapai
syot kilat
#EDU
First target: 0.1426 Reached
Second target: 0.1460 Reached
Third target: 0.1520 Reached

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.