#XAI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0600, acting as strong support from which the price can rebound.
Entry price: 0.0610
First target: 0.0660
Second target: 0.0686
Third target: 0.0722
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0600, acting as strong support from which the price can rebound.
Entry price: 0.0610
First target: 0.0660
Second target: 0.0686
Third target: 0.0722
Trade active
#XAI
First target: 0.0660 Reached
Second target: 0.0686 Reached
Trade closed: target reached
#XAI
First target: 0.0660 Reached
Second target: 0.0686 Reached
Third target: 0.0722 Reached
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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.