#SQT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.001200.
We are experiencing a downtrend on the RSI indicator, which is about to be broken and retested, supporting the upward trend.
We are heading for stability above the 100 moving average.
Entry price: 0.001200
First target: 0.001214
Second target: 0.001230
Third target: 0.001252
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.001200.
We are experiencing a downtrend on the RSI indicator, which is about to be broken and retested, supporting the upward trend.
We are heading for stability above the 100 moving average.
Entry price: 0.001200
First target: 0.001214
Second target: 0.001230
Third target: 0.001252
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.