Current Price:
$0.7694 (up +1.28%)
Key Observations:
1. Ascending Trendline:
The price is moving along a clear ascending trendline, showing short-term bullish momentum.
The price is making higher highs and higher lows.
2. Immediate Resistance Zone:
Price is approaching a resistance zone around $0.79–$0.80.
This area could act as a strong supply zone.
3. Support Zones:
Minor support near $0.757–$0.760 (recent breakout zone).
Major support lies between $0.740–$0.745.
4. Moving Average:
Price is trading above the blue EMA line, indicating buyers are currently in control.
Possible Trading Scenarios:
Bullish Scenario:
If the price holds above the ascending trendline and breaks the $0.78 resistance:
Long Entry: Above $0.780
Target 1: $0.79
Target 2: $0.82
Stop Loss: Below $0.765
Bearish Pullback Scenario:
If the price gets rejected from $0.78–$0.79 and breaks below the trendline:
Short Entry: Below $0.760
Target 1: $0.750
Target 2: $0.740
Stop Loss: Above $0.770
$0.7694 (up +1.28%)
Key Observations:
1. Ascending Trendline:
The price is moving along a clear ascending trendline, showing short-term bullish momentum.
The price is making higher highs and higher lows.
2. Immediate Resistance Zone:
Price is approaching a resistance zone around $0.79–$0.80.
This area could act as a strong supply zone.
3. Support Zones:
Minor support near $0.757–$0.760 (recent breakout zone).
Major support lies between $0.740–$0.745.
4. Moving Average:
Price is trading above the blue EMA line, indicating buyers are currently in control.
Possible Trading Scenarios:
Bullish Scenario:
If the price holds above the ascending trendline and breaks the $0.78 resistance:
Long Entry: Above $0.780
Target 1: $0.79
Target 2: $0.82
Stop Loss: Below $0.765
Bearish Pullback Scenario:
If the price gets rejected from $0.78–$0.79 and breaks below the trendline:
Short Entry: Below $0.760
Target 1: $0.750
Target 2: $0.740
Stop Loss: Above $0.770
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.