Proposed entry: approximately 0.0173
Stop loss: approximately 0.0162
And this is below the breakout area, not directly below MA25.
Targets:
🎯 Target 1: 0.0185
🎯 Target 2: 0.0200
🎯 Target 3: 0.0215–0.0217
The reason is that 0.01723 is a clear resistance on the chart, while the moving averages are currently aligned positively: MA7 = 0.01579 above MA14 = 0.01523 above MA25 = 0.01493, which supports the uptrend right now. But the breakout itself needs confirmation.
Best buy:
Wait for the 4-hour candle to close above 0.01723.
If it breaks through and then returns to test 0.0172–0.0174 and bounces upward, the entry is stronger.
$HEMI
Stop loss: approximately 0.0162
And this is below the breakout area, not directly below MA25.
Targets:
🎯 Target 1: 0.0185
🎯 Target 2: 0.0200
🎯 Target 3: 0.0215–0.0217
The reason is that 0.01723 is a clear resistance on the chart, while the moving averages are currently aligned positively: MA7 = 0.01579 above MA14 = 0.01523 above MA25 = 0.01493, which supports the uptrend right now. But the breakout itself needs confirmation.
Best buy:
Wait for the 4-hour candle to close above 0.01723.
If it breaks through and then returns to test 0.0172–0.0174 and bounces upward, the entry is stronger.
$HEMI
