As we can see on the chart, the price remains in the range. It looks like a consolidation before choosing the direction.
On 4h time frame it looks pretty good for bulls now as the negative momentum is fading and we are close to getting the bullish cross on MACD. However before the pump, we expect the price to go a little bit lower to retest the bottom of the range.
Entry, target and the stop loss are shown on the chart.
Risk - reward ratio: 3,76
Good luck
On 4h time frame it looks pretty good for bulls now as the negative momentum is fading and we are close to getting the bullish cross on MACD. However before the pump, we expect the price to go a little bit lower to retest the bottom of the range.
Entry, target and the stop loss are shown on the chart.
Risk - reward ratio: 3,76
Good luck
💥 Free signals and ideas ➡ t.me/vfinvestment