#LPT
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 that supports the upward break.
We have a support area at the lower boundary of the channel at 5.77, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 5.40.
Entry price: 6.20
First target: 6.45
Second target: 6.78
Third target: 7.145
To manage risk, don't forget stop loss and capital management.
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 that supports the upward break.
We have a support area at the lower boundary of the channel at 5.77, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 5.40.
Entry price: 6.20
First target: 6.45
Second target: 6.78
Third target: 7.145
To manage risk, don't forget stop loss and capital management.
Trade fechado: objetivo atingido
#LPT
First target: 6.45 Reached
Second target: 6.78 Reached
Third target: 7.145 Reached
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🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.