SFP USDT (Long Trade Setup) Long

SFP / TetherUS PERPETUAL CONTRACTBinance

Description

⋅ Jan 11, 2024 11:09 AM

Technical Analysis behind SFP USDT Trade:

1. Falling Wedge Pattern Breakout
2. Bullish Candle Stick Formation
3. Supported by 100 SMA
4. RSI is at 50, a bullish sign
5. MFI analysis also supports the trade
6. The stop loss is based on the volatility indicator (ATR)