weslad

Myrousdt Rising Channel

weslad Updated   
MEXC:MYROUSDT   Myro / USDT
Myrousdt is displaying characteristics of a potential ascending channel, indicating a bullish trend. Within this channel, there is evidence of a bullish flag forming, suggesting further upward movement in price.

A buyback zone has been identified within the channel, offering an opportunity for buying the coin. Targets for potential price levels are indicated on the chart, providing guidance for traders.

It is crucial to monitor the stop-loss line, as it represents a significant area where price reversal could occur. Implementing a stop-loss strategy helps mitigate risk and protect investments.

We encouraged everyone to share their views and insights on the coin.
Trade active:
We should extend our buy back towards the bottom trendline of the setup
Trade closed: stop reached

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