#ZRO
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the price of 1.44, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 1.47
First target: 1.49
Second target: 1.52
Third target: 1.55
Don't forget a simple money management rule:
Place your stop-loss order below the support zone in green.
Once the first target is reached, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the price of 1.44, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 1.47
First target: 1.49
Second target: 1.52
Third target: 1.55
Don't forget a simple money management rule:
Place your stop-loss order below the support zone in green.
Once the first target is reached, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
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🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.