đ´ Trading Signal for SAGA/USDT
⢠Current Price: $1.7547
⢠Chart Pattern: Descending Channel followed by a Rising Wedge pattern đđź
⢠Supply Zone (Potential Reversal):
⢠Level: $2.0817 - $2.3619
⢠Invalidation Level: $2.5815 â ď¸
⢠Projected Move:
⢠Expected to rise towards the supply zone around $2.0817-$2.3619 before a potential reversal đ
⢠After hitting the supply zone, a downward movement towards the $1.3989 - $1.2978 level is anticipated, completing the âfâ wave pattern đ
⢠Risk Management:
⢠Stop Loss (Invalidation Level): $2.5815 đ
⢠Target Profit:
⢠Short Term: $2.0817 - $2.3619 đŻ
⢠Long Term: $1.3989 - $1.2978 đ°
⢠Trading Strategy: Consider short positions upon confirming a reversal from the supply zone, aiming for the green support zone below đ
Disclaimer:DYOR and NFA.
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