Market Structure: Currently moving in a zig-zag pattern, indicating potential consolidation or corrective phase within a broader trend.
Entry Price: 0.6630
Target Price: 0.7250
Stop Loss: Below last swing low at 0.6210
Risk/Reward Ratio: Approx. 1:1.6
Trade Bias: Looking for a bullish breakout from the zig-zag range. Entry aligns with potential continuation if price breaks upward from consolidation.
Disclaimer: This is not financial advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
Entry Price: 0.6630
Target Price: 0.7250
Stop Loss: Below last swing low at 0.6210
Risk/Reward Ratio: Approx. 1:1.6
Trade Bias: Looking for a bullish breakout from the zig-zag range. Entry aligns with potential continuation if price breaks upward from consolidation.
Disclaimer: This is not financial advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.