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EthanTW
Mar 15, 2024 2:02 PM

RDNT target 0.49 Long

RDNT / TetherUSBinance

Description

4h time frame
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RDNT creates and retests the rounding bottom structure, that is a stable and strong structure to maintain the pumping momentum. Also, the Fibonacci Projection provides the target at the 0.49, which is the previous high, making reasonable resistance. Therefore, we can set up a trading plan here.
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TP: 0.49
SL: 0.31
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