📢 TRADING SIGNAL: $TUT / $USDT
🟢 Direction: LONG
📊 Confidence: 72.5%
📉 Technical analysis:
The technical structure indicates a consolidated bullish trend where the price of $TUT / $USDT confirms a TRIPLE_BOTTOM pattern on a strong support at $0.02661. The indicators support the move with an RSI of 69.53 and a bullish MACD crossover at 0.0029, while the EMA20 at 0.0337 stays above the EMA50 at 0.0301, validating the strength of the momentum. The HTF on 4h reinforces this bullish sentiment, supported by an ADX of 42.7 which confirms a strong developing trend.
🎯 Trading levels:
🟢 Entry: $0.03762
🛑 Stop Loss: $0.03462
🏁 TP1: $0.04162
🏁 TP2: $0.04262
🏁 TP3: $0.04462
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
The key level to watch is the upper resistance at $0.0415 marked by the Bollinger Bands. The entry is executed at the current market price, and the main risk lies in a pullback below the immediate support of $0.03462.
#crypto #TUT #trading
🟢 Direction: LONG
📊 Confidence: 72.5%
📉 Technical analysis:
The technical structure indicates a consolidated bullish trend where the price of $TUT / $USDT confirms a TRIPLE_BOTTOM pattern on a strong support at $0.02661. The indicators support the move with an RSI of 69.53 and a bullish MACD crossover at 0.0029, while the EMA20 at 0.0337 stays above the EMA50 at 0.0301, validating the strength of the momentum. The HTF on 4h reinforces this bullish sentiment, supported by an ADX of 42.7 which confirms a strong developing trend.
🎯 Trading levels:
🟢 Entry: $0.03762
🛑 Stop Loss: $0.03462
🏁 TP1: $0.04162
🏁 TP2: $0.04262
🏁 TP3: $0.04462
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
The key level to watch is the upper resistance at $0.0415 marked by the Bollinger Bands. The entry is executed at the current market price, and the main risk lies in a pullback below the immediate support of $0.03462.
#crypto #TUT #trading