TRXUSDT TRXUSD 📈Which side you pick?
Bull or Bear
Pine Script®
SL1 ---> Low-risk status: 1x-2x Leverage
SL2 ---> Mid-risk status: 3x-4x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
- Considering the price trend in its previous channel, by repeating the stabilization of the price at the bottom of the second parallel channel, it can be expected that the price will continue to move up to the top of the new channel.
- The price breaking above the specified level can increase the certainty of the realization of the price target.
- The price falling below the red level cancels the bullish scenario of Binance Coin.
- Potential price targets for the levels will be $950 and $1,447.
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2919
0.2968
0.3020
🔴SL:
0.2767
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Trade closed: target reached
Sorry for late update,TP2 reached and then the price decreased, position closed at TP1
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🚀Free Exclusive positions and Crypto tracking💎:
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🖊Got Feedback? We're all ears!📚
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📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
Related publications
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.