#KDA
The price is moving in a head and shoulders pattern on the 1-hour frame and is expected to break and continue higher.
We have a trend to stabilize above the 100 moving average once again.
We have a bearish trend on the RSI indicator, supporting the upward move with a break above it.
We have a support area at the lower boundary of the head and shoulders at 0.4545, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 0.4490.
Entry price: 0.4747
First target: 0.4910
Second target: 0.5053
Third target: 0.5247
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.
The price is moving in a head and shoulders pattern on the 1-hour frame and is expected to break and continue higher.
We have a trend to stabilize above the 100 moving average once again.
We have a bearish trend on the RSI indicator, supporting the upward move with a break above it.
We have a support area at the lower boundary of the head and shoulders at 0.4545, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 0.4490.
Entry price: 0.4747
First target: 0.4910
Second target: 0.5053
Third target: 0.5247
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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.