While checking the market, I saw that $AMD was falling, so I stopped by to take a look 🛒
The momentum favors buyers over the 30-minute period. Note: the price is currently below the 200-period exponential moving average (EMA200), making this a major countertrend position.
Long position: 589.8 - 592.2
TP: 599.3 - 604.4 - 607.5 - 619.3
SL: 582.7 (risk ~1.4%)
Falling assets can continue to fall, so an SL is essential 🧾
#AMD #AMDUSDT
⚠️ Signal generated by a technical indicator, not investment advice. Always set a stop-loss and manage your own risk.
The momentum favors buyers over the 30-minute period. Note: the price is currently below the 200-period exponential moving average (EMA200), making this a major countertrend position.
Long position: 589.8 - 592.2
TP: 599.3 - 604.4 - 607.5 - 619.3
SL: 582.7 (risk ~1.4%)
Falling assets can continue to fall, so an SL is essential 🧾
#AMD #AMDUSDT
⚠️ Signal generated by a technical indicator, not investment advice. Always set a stop-loss and manage your own risk.