TheSignalyst

IDEA - Targeting $0.01🎯

TheSignalyst Updated   
KUCOIN:IDEAUSDT   Ideaology / Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 IDEA has been overall bullish, trading within the rising wedge pattern in orange.

Currently, IDEA is hovering within a narrow range between the lower orange / red trendlines and $0.0065 resistance.

📈Scenario 1:

As we approach the $0.0045 support zone, we will be looking for new buy setups to catch the next upward impulse movement.

🏹Scenario 2:
For the bulls to regain control from a long-term perspective, a break above $70,000 is needed.

In this case, a movement till the upper orange trendline and $0.01 round number would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comment:
Sorry for the typo, I meant $70,000 for BTC, and $0.0065 for IDEA.

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Buy CRGPT on Uniswap
cutt.ly/CRGPT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.