FiboTech

BALUSDT

Long
FiboTech Updated   
BINANCE:BALUSDT   BAL / TetherUS
Hello my dear friends

Well, we will check one of the most negative of the month (:
The support range of $4.945 has been maintained and a positive RSI divergence has been issued in the four-hour timeframe.
If the current trend is above the blue range ($5.302), there is a high probability of forming an upward trend similar to the drawn scenario.

We would be happy to hear your comments.
Trade active:
The price trend went above the blue range!
Now we can enter by observing the loss limit on the specified range

Comment:
It is better to wait for the break of the trend line to enter the trade
As long as our loss limit is maintained, the trade is valid
Comment:
It is true that our loss limit has not been activated yet, but it seems that considering the momentum of the downward trend, the above view has expired.
Trade closed: stop reached:
Our loss limit is activated!
But according to the analysis, we had a good upward movement (;

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