Buying opportunity with serious daily and weekly support between these two horizontal trendlines. Ichimoku supports the thesis on multiple time frames
Could easily come down to 0,52 but this is a good risk reward entry
Could easily come down to 0,52 but this is a good risk reward entry
Trade active
Perfectly touched our entry and bounced off the 0,52 trendline with high volume. Next few days will be important to validate or break this pattern. So far it's looking goodNote
Hope you're still in this trade! It moved a bit further down than expected only to meet the key support at 0,50usd.
Hopefully we hold these levels and break the diagonal trendline to the upside towards 0,63usd.
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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.