Pair: SEI/USDT
Exchange: Binance
Trade Type: Buy Long (FUTURE)
Trade Parameters:
Entry Level: 0.2095
Target 1: 0.2160
Target 2: 0.2222
Stop Loss: 0.1970
Analysis:
The SEI/USDT pair, listed on the Binance exchange, presents a promising trading opportunity. The Relative Strength Index (RSI) indicates a bullish movement in the market, suggesting potential upward price momentum. Additionally, a bullish sentiment is observed in the short-term moving average, reinforcing the positive outlook.
Trade Rationale:
The decision to enter a long (future) position at the specified entry level of 0.2095 is supported by the bullish signals from both RSI and the short-term moving average. Target levels at 0.2160 and 0.2222. To manage potential risks, a stop-loss order is set at 0.1970.
DISCLAIMER : EDUCATIONAL PURPOSE ONLY
Exchange: Binance
Trade Type: Buy Long (FUTURE)
Trade Parameters:
Entry Level: 0.2095
Target 1: 0.2160
Target 2: 0.2222
Stop Loss: 0.1970
Analysis:
The SEI/USDT pair, listed on the Binance exchange, presents a promising trading opportunity. The Relative Strength Index (RSI) indicates a bullish movement in the market, suggesting potential upward price momentum. Additionally, a bullish sentiment is observed in the short-term moving average, reinforcing the positive outlook.
Trade Rationale:
The decision to enter a long (future) position at the specified entry level of 0.2095 is supported by the bullish signals from both RSI and the short-term moving average. Target levels at 0.2160 and 0.2222. To manage potential risks, a stop-loss order is set at 0.1970.
DISCLAIMER : EDUCATIONAL PURPOSE ONLY