HEXUSD hit the bottom of the 2023 Channel Down and is rebounding along with the RSI (1d).
It remains under both the MA50 and MA200 (1d), implying significant upside potential.
A similar price action is noticable during the previous Channel bottom in January.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0500 (top of the Channel Up and +650% rise such as the previous bullish leg).
Tips:
1. The RSI (1d) has rebounded from the oversold zone and is above the MA again. This is a potential indicator of momentum shift.
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It remains under both the MA50 and MA200 (1d), implying significant upside potential.
A similar price action is noticable during the previous Channel bottom in January.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0500 (top of the Channel Up and +650% rise such as the previous bullish leg).
Tips:
1. The RSI (1d) has rebounded from the oversold zone and is above the MA again. This is a potential indicator of momentum shift.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰