Reasons why I am bullish on this trade:
* Bullish Moving Averages.
* RSI divergence.
* Breakout of a descending channel .
* Is currently using an old resistance as support (weekly resistance/support *Orange Lines*), next resistance will be around $0.71, 76% higher than the current price.
* It got close to the 0.786 Fibonacci retracement and went back up again, confirming an up trend.
Buy Zone:
$0.388 - $0.46
Targets:
1 - $0.538 (+33%)
2 - $0.612 (+48%)
3 - $0.71 (+76%)
Stop Loss:
$0.34 (-15%)
* Bullish Moving Averages.
* RSI divergence.
* Breakout of a descending channel .
* Is currently using an old resistance as support (weekly resistance/support *Orange Lines*), next resistance will be around $0.71, 76% higher than the current price.
* It got close to the 0.786 Fibonacci retracement and went back up again, confirming an up trend.
Buy Zone:
$0.388 - $0.46
Targets:
1 - $0.538 (+33%)
2 - $0.612 (+48%)
3 - $0.71 (+76%)
Stop Loss:
$0.34 (-15%)
Dagangan ditutup: sasaran tercapai
We just reached our first target!!Dagangan ditutup: sasaran tercapai
2 Target: reached. Nota
Disclaimer:This is not financial advice. The only purpose of this post is to share an idea and to talk about it.
Always remember do your own research!
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.