$TIA ⬆️
TIA's looking for a bounce after that strong run.
Setup: Long
Entry: 0.4622
SL: 0.4386
Take Profit: 0.5421
The 1-hour chart shows a bullish trend with price currently in the lower half of its dealing range, a discount zone favoring longs. We've seen a series of confirmed breakouts above previous highs, the most recent being above 0.457 just 30 candles ago, establishing a clear upward structure. The last two swing lows are also forming a rising pattern, suggesting the trendline is intact. Price is now pulling back from its recent high, offering a potential entry. The logical target is the untapped swing high at the top of the range, while a stop below the recent breakout level and a key support zone protects against a trend reversal.
Manage the risk, let the trend do the work.
#CryptoFamily #Trading #TIA
TIA's looking for a bounce after that strong run.
Setup: Long
Entry: 0.4622
SL: 0.4386
Take Profit: 0.5421
The 1-hour chart shows a bullish trend with price currently in the lower half of its dealing range, a discount zone favoring longs. We've seen a series of confirmed breakouts above previous highs, the most recent being above 0.457 just 30 candles ago, establishing a clear upward structure. The last two swing lows are also forming a rising pattern, suggesting the trendline is intact. Price is now pulling back from its recent high, offering a potential entry. The logical target is the untapped swing high at the top of the range, while a stop below the recent breakout level and a key support zone protects against a trend reversal.
Manage the risk, let the trend do the work.
#CryptoFamily #Trading #TIA