📢 TRADING SIGNAL: $SPY / $USDT
🟢 Address: LONG
📊 Confidence: 75.1%
📉 Technical analysis:
The technical structure indicates a solid bullish impulse supported by a bullish MACD crossover (-0.1616) and a moving average setup where the EMA20 at 770.2241 is above the EMA50 at 769.9802. The price shows significant buy absorption with volume above average, and confirmed reversal patterns such as the double top and inverted head and shoulders, while the RSI remains at 55.12 indicating room for growth.
🎯 Trading levels:
🟢 Entry: $769.45
🛑 Stop Loss: $767.86
🏁 TP1: $771.57
🏁 TP2: $772.10
🏁 TP3: $773.16
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
The key level to watch is support at 769.45, where the entry should be executed in order to capitalize on buying pressure, always keeping an eye on the price not breaking the Stop Loss at 767.86 in case consolidation fails.
#crypto #SPY #trading
🟢 Address: LONG
📊 Confidence: 75.1%
📉 Technical analysis:
The technical structure indicates a solid bullish impulse supported by a bullish MACD crossover (-0.1616) and a moving average setup where the EMA20 at 770.2241 is above the EMA50 at 769.9802. The price shows significant buy absorption with volume above average, and confirmed reversal patterns such as the double top and inverted head and shoulders, while the RSI remains at 55.12 indicating room for growth.
🎯 Trading levels:
🟢 Entry: $769.45
🛑 Stop Loss: $767.86
🏁 TP1: $771.57
🏁 TP2: $772.10
🏁 TP3: $773.16
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
The key level to watch is support at 769.45, where the entry should be executed in order to capitalize on buying pressure, always keeping an eye on the price not breaking the Stop Loss at 767.86 in case consolidation fails.
#crypto #SPY #trading