N wave with E, V, N & NT projection.
The price has broken above the Kumo, indicating a potential shift to bullish momentum.
Chikou Span is above the price and Kumo, confirming a bullish bias.
Tenkan-Sen and Kijun-Sen show bullish alignment, with Tenkan-Sen above Kijun-Sen.
N at 0.380: A nearest resistance target providing insight into trade exits.
NT at 0.355: which acts as immediate support. The price is currently trading above this level, suggesting a continuation of the upward trend. A drop below this would signal a shift in a market sentiment and potential trend reversal.
The downtrend line has been broken, signaling a reversal to an uptrend.
There is a noticeable increase in volume, which supports the breakout above the Kumo and the trendline.
Entry: Around the current price of 0.370, ensuring the price stays above the NT level of 0.355.
Stop-Loss: Below 0.345, just under the NT support level and Kijun-Sen.
If the price falls below 0.355, it may indicate a false breakout. Reassess the trade setup if this occurs.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price has broken above the Kumo, indicating a potential shift to bullish momentum.
Chikou Span is above the price and Kumo, confirming a bullish bias.
Tenkan-Sen and Kijun-Sen show bullish alignment, with Tenkan-Sen above Kijun-Sen.
N at 0.380: A nearest resistance target providing insight into trade exits.
NT at 0.355: which acts as immediate support. The price is currently trading above this level, suggesting a continuation of the upward trend. A drop below this would signal a shift in a market sentiment and potential trend reversal.
The downtrend line has been broken, signaling a reversal to an uptrend.
There is a noticeable increase in volume, which supports the breakout above the Kumo and the trendline.
Entry: Around the current price of 0.370, ensuring the price stays above the NT level of 0.355.
Stop-Loss: Below 0.345, just under the NT support level and Kijun-Sen.
If the price falls below 0.355, it may indicate a false breakout. Reassess the trade setup if this occurs.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade chiuso: stop raggiunto
Hit SL
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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.