FLUX / TetherUS
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#FLUX/USDT Forming Bullish Falling Wedge

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#FLUX

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.1030. The price has bounced from this level multiple times and is expected to bounce again.

We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.1045
First target: 0.1060
Second target: 0.1087
Third target: 0.1121

Don't forget a simple principle: money management.

Place your stop-loss below the support zone in green.

For any questions, please leave a comment.

Thank you.
Dagangan ditutup: sasaran tercapai
syot kilat
#FLUX
First target: 0.1060 Reached
Second target: 0.1087 Reached
Third target: 0.1121 Reached

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.