Sushi – Potential 40% gains
BUY: 19.9 – 20.7
TARGETS:
1) 24
2) 28
STOP: 17.5 (when a 4h candle closes below this price)
Rationale:
-Price has been moving within a channel for the last 39 days and is trending above the mid-line support
-After recently touching the top of the channel, price has falling back to the closest support level. This is our buy zone.
-RSI has formed a trendline support and is holding above.
-We remain bullish as long as RSI can hold above this trendline and the buy zone.
-A dip under the RSI trendline and buy zone is to be expected. As long as the price moves back up above these areas we can expect it to move to target.
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) 24
2) 28
STOP: 17.5 (when a 4h candle closes below this price)
Rationale:
-Price has been moving within a channel for the last 39 days and is trending above the mid-line support
-After recently touching the top of the channel, price has falling back to the closest support level. This is our buy zone.
-RSI has formed a trendline support and is holding above.
-We remain bullish as long as RSI can hold above this trendline and the buy zone.
-A dip under the RSI trendline and buy zone is to be expected. As long as the price moves back up above these areas we can expect it to move to target.
Your risk, your reward. This is not financial advice.
Happy trading.
Trading ditutup: stop tercapai
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.