The price is moving within a descending channel pattern on the 1-hour frame and is expected to break it upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4600
We have a trend to stabilize above the moving average 100
Entry price 0.4739 First target 0.5059 Second target 0.5496 Third target 0.5964
Trade closed: target reached
First target 0.5059 Reached
Second target 0.5496 Reached
Third target 0.5964 Reached
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