N wave with E, N, V & NT projection.
The price has moved above the Kumo, indicating bullish momentum, but the cloud is still quite thin, suggesting caution.
Price is currently above the Tenkan-Sen, suggesting bullish momentum is building up.
Chikou-Span is above the price, confirming the potential for bullish continuation.
NT level 0.415, which serves as immediate resistance.
The price has broken past point (B) and is currently testing the NT level (0.415). A successful break above NT would likely confirm further upside potential towards the N (0.430), V (0.420), and E (0.445) projections.
A potential long entry could be placed above the NT level of 0.415, confirming bullish continuation.
Stop-Loss: Below the Kumo or the recent low around 0.400 to manage downside risk.
If the price sustains above the NT level, the bullish momentum may carry it toward the higher projection levels. However, if there's a rejection at these levels, consolidation may occur. Keep an eye on volume to confirm breakout strength.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price has moved above the Kumo, indicating bullish momentum, but the cloud is still quite thin, suggesting caution.
Price is currently above the Tenkan-Sen, suggesting bullish momentum is building up.
Chikou-Span is above the price, confirming the potential for bullish continuation.
NT level 0.415, which serves as immediate resistance.
The price has broken past point (B) and is currently testing the NT level (0.415). A successful break above NT would likely confirm further upside potential towards the N (0.430), V (0.420), and E (0.445) projections.
A potential long entry could be placed above the NT level of 0.415, confirming bullish continuation.
Stop-Loss: Below the Kumo or the recent low around 0.400 to manage downside risk.
If the price sustains above the NT level, the bullish momentum may carry it toward the higher projection levels. However, if there's a rejection at these levels, consolidation may occur. Keep an eye on volume to confirm breakout strength.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Dagangan ditutup: hentian tercapai
Hit SL
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.