47.5 is the index that shows purchasing power at a niveau of $CAP , and this indicates a potential upward move, especially with the average EMA20 at 0.0481 and EMA50 at 0.04668, which strengthens the bullish momentum.
$CAP - LONGš¢
Entry: 0.04744
SL: 0.04469
TP1: 0.04882
TP2: 0.05019
TP3: 0.05157
ā ļø Move the SL to the entry point (Breakeven) once TP1 is reached!
This setup is attractive because the price is moving rapidly upward, where the average EMA20 and EMA50 confirm this trend, and the technical indicators align with the RSI indicator at 47.5. The price is moving positively, and the EMAs confirm it.
With a bullish bias on the 1H timeframeāwhere the price remains above the middle of the EMA50āthis trade aligns with the bias of the higher timeframe, increasing confidence in the upward direction of the trade on $CAP .
$CAP - LONGš¢
Entry: 0.04744
SL: 0.04469
TP1: 0.04882
TP2: 0.05019
TP3: 0.05157
ā ļø Move the SL to the entry point (Breakeven) once TP1 is reached!
This setup is attractive because the price is moving rapidly upward, where the average EMA20 and EMA50 confirm this trend, and the technical indicators align with the RSI indicator at 47.5. The price is moving positively, and the EMAs confirm it.
With a bullish bias on the 1H timeframeāwhere the price remains above the middle of the EMA50āthis trade aligns with the bias of the higher timeframe, increasing confidence in the upward direction of the trade on $CAP .