Trade position: LONG
Entry price: $20.561
Target I: $31.474, target II: $35.885, target III: $40.064
RSI: close to <30
In the last days, the price dropped below the lower band of the Keltner channel, but did not hit the upper boundary of the Keltner channel. There are a series of negative funding rates since mid-May 2021, and similarly to the other coins always when we have built a solid base we had impulsive move to the upside. Moreover, the RSI value is close to 30, meaning that the cryptocurrency is approaching oversold level which could be a good moment to enter the long position.
Entry price: $20.561
Target I: $31.474, target II: $35.885, target III: $40.064
RSI: close to <30
In the last days, the price dropped below the lower band of the Keltner channel, but did not hit the upper boundary of the Keltner channel. There are a series of negative funding rates since mid-May 2021, and similarly to the other coins always when we have built a solid base we had impulsive move to the upside. Moreover, the RSI value is close to 30, meaning that the cryptocurrency is approaching oversold level which could be a good moment to enter the long position.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.