#SEI
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.2900
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3050
First target 0.3220
Second target 0.3400
Third target 0.3604
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.2900
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3050
First target 0.3220
Second target 0.3400
Third target 0.3604
Trade active
ActiveTrade active
First target 0.3220 ReachedSecond target 0.3400 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.