#WIF
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 1.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 1.90
The first goal is 2.32
Second goal 2.68
Third goal 3.10
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 1.50
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 1.90
The first goal is 2.32
Second goal 2.68
Third goal 3.10
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.