FTM: Pullback in Uptrend
Trade setup: Price remains in an Uptrend. After reaching our target of $0.55 resistance, price got overbought (RSI > 75) and pulled back on some profit taking. Pullback near $0.40-$0.45 support zone could be a swing trade entry in Uptrend with +25% upside potential back to $0.55. Stop Loss (SL) at $0.36 (prior swing low).
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.40 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.40 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.