#FET
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel. This support is at 0.634.
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.661
First target: 0.684
Second target: 0.720
Third target: 0.754
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel. This support is at 0.634.
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.661
First target: 0.684
Second target: 0.720
Third target: 0.754
Trade closed: target reached
#FET
First target: 0.684 Reached
Second target: 0.720 Reached
Third target: 0.754 Reached
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.