Market Context: AITECH is coiling between the 21- and 200-day EMAs, showing bullish momentum with higher lows. A dip into the $0.09 zone could offer an ideal entry, particularly if the daily close shows a wick, indicating buying interest. A break and close above the 200-day EMA would confirm upward momentum.
Trade Setup:
Entry: Look for confirmation of a break and close above the 200-day EMA.
Take Profit:
First target: $0.166
Second target: $0.21
Third target: $0.28
Stop Loss: Daily close below $0.07.
This setup capitalizes on the bullish coiling pattern and potential breakout. #AITECH #Crypto #EMA
Trade Setup:
Entry: Look for confirmation of a break and close above the 200-day EMA.
Take Profit:
First target: $0.166
Second target: $0.21
Third target: $0.28
Stop Loss: Daily close below $0.07.
This setup capitalizes on the bullish coiling pattern and potential breakout. #AITECH #Crypto #EMA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.