Yesterday you could have seen how the price was pumped up to 0.0222. The price fell dramatically and quickly and have consolidated. Indicators switch to bullish state at the 2-hours timeframe. Ichimoku cloud zone acts like a strong support, while price movement occurs at the upper edge of the Bollinger Bands
We can see Cup and handle patter was formed. We recommend this trading opportunity in the short term. Safe buying zone is between 0.0193 and 0.0198
We can see Cup and handle patter was formed. We recommend this trading opportunity in the short term. Safe buying zone is between 0.0193 and 0.0198
Note
Reached 1st target just after the price touched the lowest edge of the buying zone Profit: 5.7%
Duration: 8 Hours
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Trade smarter with:
skyrexio.com
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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.