IDEA - Targeting $0.01🎯

25 mar 2024

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 IDEA has been overall bullish, trading within the rising wedge pattern in orange.

Currently, IDEA is hovering within a narrow range between the lower orange / red trendlines and $0.0065 resistance.

📈Scenario 1:
As we approach the $0.0045 support zone, we will be looking for new buy setups to catch the next upward impulse movement.

🏹Scenario 2:
For the bulls to regain control from a long-term perspective, a break above $70,000 is needed.

In this case, a movement till the upper orange trendline and $0.01 round number would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

25 mar 2024

Nota

Sorry for the typo, I meant $70,000 for BTC, and $0.0065 for IDEA.