Trade Setup:
Entry Price: Immediate entry at $0.1969 (current market price).
Stop-Loss: Place at $0.1833
Take-Profit Target: $0.2385, based on the 1.618 Fibonacci extension.
Why Immediate Entry Works:
Bullish Continuation: The price is consolidating near the 0.5 Fibonacci retracement, which is often a strong level for a continuation move.
Support Confirmation: The 200 SMA at $0.1829 is a reliable dynamic support level, adding confidence to the bullish bias.
Momentum Potential: An upward bounce from the current levels suggests a possible rally toward the 1.618 extension at $0.2385.
Entry Price: Immediate entry at $0.1969 (current market price).
Stop-Loss: Place at $0.1833
Take-Profit Target: $0.2385, based on the 1.618 Fibonacci extension.
Why Immediate Entry Works:
Bullish Continuation: The price is consolidating near the 0.5 Fibonacci retracement, which is often a strong level for a continuation move.
Support Confirmation: The 200 SMA at $0.1829 is a reliable dynamic support level, adding confidence to the bullish bias.
Momentum Potential: An upward bounce from the current levels suggests a possible rally toward the 1.618 extension at $0.2385.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.