#PORTAL/USDT Long Opportunity#PORTAL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.0361, representing a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.0373
First target: 0.0381
Second target: 0.0391
Third target: 0.0403
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
Portalshort
#PORTAL/USDT Medium-term Bullish potential !#PORTAL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.0370, representing a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.0405
First target: 0.0418
Second target: 0.0442
Third target: 0.0474
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#PORTAL/USDT#PORTAL
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0328, acting as strong support from which the price can rebound.
Entry price: 0.0335
First target: 0.0346
Second target: 0.0358
Third target: 0.0370