📢 $GIGGLE / $USDT | 🟢 LONG | ⭐ 72.5%
🎯 Objective: $40.8852. Does it make it?
🎯 Trading levels:
🟢 Entry: $38.62
🛑 Stop Loss: $37.2608
🏁 TP1: $40.8852
🏁 TP2: $41.3383
🏁 TP3: $42.2444
📈 Analysis:
The asset $GIGGLE maintains a strong bullish structure with complete alignment across timeframes (MTF), supported by an ADX of 40.29 that confirms a strong trend. Technical confluence is sustained by the bullish MACD crossover (momentum indicator) and an RSI of 67.96 (relative strength), which still allows room before entering the overbought zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical confidence: 4/5
The bullish thesis is invalidated if the price breaks below the Stop Loss located under the immediate liquidity zone. The projection aims to capitalize on the continuation of the impulse after consolidating above the EMA20 (exponential moving average of 20 periods) as dynamic support.
Do you think the current volume is enough to break the upper resistance?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #GIGGLE #trading #Futures #Bullish
🎯 Objective: $40.8852. Does it make it?
🎯 Trading levels:
🟢 Entry: $38.62
🛑 Stop Loss: $37.2608
🏁 TP1: $40.8852
🏁 TP2: $41.3383
🏁 TP3: $42.2444
📈 Analysis:
The asset $GIGGLE maintains a strong bullish structure with complete alignment across timeframes (MTF), supported by an ADX of 40.29 that confirms a strong trend. Technical confluence is sustained by the bullish MACD crossover (momentum indicator) and an RSI of 67.96 (relative strength), which still allows room before entering the overbought zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical confidence: 4/5
The bullish thesis is invalidated if the price breaks below the Stop Loss located under the immediate liquidity zone. The projection aims to capitalize on the continuation of the impulse after consolidating above the EMA20 (exponential moving average of 20 periods) as dynamic support.
Do you think the current volume is enough to break the upper resistance?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #GIGGLE #trading #Futures #Bullish