Hi dear traders
The price has formed a bearish bat pattern.
After falling to the 0.3457 area, it has returned and is trying to test the 0.39 resistance area.
0.3794 resistance is ahead and EMA100 plays the role of support.
If the resistance of 0.39 is broken, the price can go up to the resistance of 0.4 and this pattern will be invalidated.
Otherwise, the price will drop from the area of 0.3876.
The first support area is 0.3666 and the second is 0.3499.
I expect the price to return from the resistance zone.
Wait for confirmation to enterey.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The price has formed a bearish bat pattern.
After falling to the 0.3457 area, it has returned and is trying to test the 0.39 resistance area.
0.3794 resistance is ahead and EMA100 plays the role of support.
If the resistance of 0.39 is broken, the price can go up to the resistance of 0.4 and this pattern will be invalidated.
Otherwise, the price will drop from the area of 0.3876.
The first support area is 0.3666 and the second is 0.3499.
I expect the price to return from the resistance zone.
Wait for confirmation to enterey.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active
Trade closed: stop reached
Comment:
I lost the previous tread. I am waiting to start a new tread. 🙄
Target
🎯0.37.33
🎯0.37
🎯0.3666