#STRAX / USDT :
TF : 1D
- The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs), while bouncing back from the 200ema as dynamic support.
- Recently, the price has broken out of the trendline over the support zone, which indicates that the bullish momentum is likely to continue, with a potential test of the previous swing high.
- To enter a long position, it would be prudent to wait for the price to break out above the $0.930 level. This breakout could signal further upside movement.
Expected Returns : 40%
Plan :
Entry : $0.930
Target : $1.320
SL : $0.732
TF : 1D
- The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs), while bouncing back from the 200ema as dynamic support.
- Recently, the price has broken out of the trendline over the support zone, which indicates that the bullish momentum is likely to continue, with a potential test of the previous swing high.
- To enter a long position, it would be prudent to wait for the price to break out above the $0.930 level. This breakout could signal further upside movement.
Expected Returns : 40%
Plan :
Entry : $0.930
Target : $1.320
SL : $0.732