FLUX / TetherUS
Long

#FLUX/USDT Forming Bullish Falling Wedge

75
#FLUX

The price is moving within an ascending channel on the 1-hour frame, adhering well to it, and is on its way to break it strongly upwards and retest it.

We have support from the lower boundary of the ascending channel, at 0.1900.

We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.

There is a major support area in green at 0.1977, which represents a strong basis for the upside.

Don't forget a simple thing: ease and capital.

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

For inquiries, please leave a comment.

We have a trend to hold above the 100 Moving Average.

Entry price: 0.2232
First target: 0.2317
Second target: 0.2409
Third target: 0.2520

Don't forget a simple thing: ease and capital.

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

For inquiries, please leave a comment.

Thank you.

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.