$TIA: The 1H signal needs a candle close above 0.5001 with qualifying volume to be confirmed

On the 4H chart, price at 0.4872 remains above EMA20 at 0.479334 and EMA50 at 0.472228; the main risk is the 1H candle close

Pair: TIAUSDT
Scenario: LONG
Trigger: 1H candle closes above 0.5001 with volume at least equal to the 20-candle average
Entry: 0.5001
SL: 0.4744
TP1: 0.5387
TP2: 0.5618
R:R TP1: 1.50
Invalidation: 1H candle closes below 0.4744

How would you interpret the signal if the 1H candle closes above 0.5001 with volume at least equal to the 20-candle average?

#TIA #Crypto

This analysis is for reference only and is not investment advice.