This technical analysis is based on the daily chart of CSPR/USDT on the OKX exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
Entry and Exit Points:
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 5.48, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Price Channel Analysis:
- The previous bearish channel is broken out, and a bullish channel is formed.
- The suggested entry point is around 0.02764 USDT.
Entry and Exit Points:
- Entry: 0.02764 USDT
- Take Profit: 0.03524 USDT (27.51%)
- Stop Loss: 0.02625 USDT (5.02%)
- R/R Ratio: 5.48
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 5.48, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Trade fermée: ordre d’arrêt atteint
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.