DOTUSDT / TRADING ABOVE TURNING LEVEL - 4H
Updated
DOTUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 4.544
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370.
Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 4.881 .
RESISTANCE LEVEL (2) : 5.370 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 4.255 .
SUPPORT LEVEL (2) : 3.894 .
TURNING LEVEL : 4.544 .
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 4.544
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370.
Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 4.881 .
RESISTANCE LEVEL (2) : 5.370 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 4.255 .
SUPPORT LEVEL (2) : 3.894 .
TURNING LEVEL : 4.544 .
Trade closed: target reached
reached our target +350 pip profit
currently prices trading above turning level and below resistance level (1) , breaking each side determine a direction .
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