#DEGO
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 the 0.640 price level, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.660
First target: 0.688
Second target: 0.707
Third target: 0.735
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.
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 the 0.640 price level, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.660
First target: 0.688
Second target: 0.707
Third target: 0.735
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.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.