Balance Of Power Between Bulls and Bears:
Price is currently forming a bullish chart pattern and bears seems to be running out of steam,
MACD histogram is currently below the center line and ticking up - this signifies that bears are running out of power.
Entry Game plan:
We can wait for price to break above 0.0050 SAT and carefully observe the strength of the bulls around that price before we place a limit buy order at 0.0052 SAT.
Exit Game plan:
Depending on our risk appetite, we can place a stop-loss within the flag at 0.0040 or 0.0035.
Expectancy:
Potential profit from TP1 is 27%; second profit target TP2 from the entry point is 76%
Risk/Reward Ratio: 2.64
Price is currently forming a bullish chart pattern and bears seems to be running out of steam,
MACD histogram is currently below the center line and ticking up - this signifies that bears are running out of power.
Entry Game plan:
We can wait for price to break above 0.0050 SAT and carefully observe the strength of the bulls around that price before we place a limit buy order at 0.0052 SAT.
Exit Game plan:
Depending on our risk appetite, we can place a stop-loss within the flag at 0.0040 or 0.0035.
Expectancy:
Potential profit from TP1 is 27%; second profit target TP2 from the entry point is 76%
Risk/Reward Ratio: 2.64
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.