Pattern: Channel Up on 1D.
Signal: Buy as the price found support within the base zone created by the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). Appears to be repeating the September-October 2020 Bottom sequence. RSI similar.
Target: 1.4250 short-term (current 1D Resistance) and 1.4700 long-term (just below the 2.0 Fibonacci extension.
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Signal: Buy as the price found support within the base zone created by the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). Appears to be repeating the September-October 2020 Bottom sequence. RSI similar.
Target: 1.4250 short-term (current 1D Resistance) and 1.4700 long-term (just below the 2.0 Fibonacci extension.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> kylevd23
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🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!