Meter / TetherViés de alta
MTRG/USDT (METER) - BULLISH SETUP
ANALYSIS 🔎
- MTRG/USDT is currently on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and ascending trendline support.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be on the verge of an uptrend continuation.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@4.45).
- Trend based fibonacci extension level 1.0 (@5.039).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@2.352) and ascending trendline support.
- MTRG/USDT is currently on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and ascending trendline support.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be on the verge of an uptrend continuation.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@4.45).
- Trend based fibonacci extension level 1.0 (@5.039).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@2.352) and ascending trendline support.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.