MAGIC / TetherUS
Panjang
Telah dikemas kini

#MAGIC/USDT Forming Falling Wedge

88
#MAGIC


The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.

We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.

There is a key support zone in green at 0.1055, representing a strong support point.

We have a trend of consolidation above the 100-period moving average.

Entry price: 0.1123
First target: 0.1164
Second target: 0.1211
Third target: 0.1270

Don't forget a simple money management rule:

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

Once you reach the first target, save some money and then change your stop-loss order to an entry order.

For any questions, please leave a comment.

Thank you.
Dagangan ditutup: sasaran tercapai
syot kilat
#MAGIC
First target: 0.1164 Reached
Second target: 0.1211 Reached
Third target: 0.1270 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.