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.
Transakcja zakończona: osiągnięto poziom stop
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
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
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
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.