Strategy: Long Exchange: BYBIT Account: Spot Entry mode: Market order in range Invest: 2.5% Exit: • Target 2 : 1.372 27.34% • Target 1 : 1.194 10.82% Entry: 1.0774 ⌁ 1.0774 • Current market price: 1.0774 • Stop: 0.919 (-14.7%)
Strong bounce after wicking the lower edge of our support creating the bottom corner of our pitchfork channel. Expect price to continue this strong move toward the median of the range (white diagonal in the centre of the pitchfork). Little overhead resistance, strong buy order support at 1.024.