#HFT
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 0.2900
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.2930
The first target is 0.3260
The second goal is 0.3861
The third goal is 0.4510
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 0.2900
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.2930
The first target is 0.3260
The second goal is 0.3861
The third goal is 0.4510
Trade active:
The first target is 0.3260 REACHED