Long
descending channel , possible uptrend reversal
Hello Traders,
-Before starting please take into consideration our market sentiment we have fear about 20 and buyers usually wait till its below then activate buying mode
yet we can see that on FTM the buyers looking strong and we might have potential uptrend once breaking the grey zone( confirmation )
-On 4H we have descending channel once its broken after confirmation we set our entries on 1.2$ -1,28$, we should see a rally until 2$ soon.
-At the moment we have indicators such EMA & MACD who show positive signs for a bullish uptrend also good buying volume.
-Please watch your stop loss by using your risk management and % of your capital.
Good luck Traders!
-Before starting please take into consideration our market sentiment we have fear about 20 and buyers usually wait till its below then activate buying mode
yet we can see that on FTM the buyers looking strong and we might have potential uptrend once breaking the grey zone( confirmation )
-On 4H we have descending channel once its broken after confirmation we set our entries on 1.2$ -1,28$, we should see a rally until 2$ soon.
-At the moment we have indicators such EMA & MACD who show positive signs for a bullish uptrend also good buying volume.
-Please watch your stop loss by using your risk management and % of your capital.
Good luck Traders!
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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.