ðOver the past few days, SFPUSDT has been crafting a descending channel. A recent breakout from this descending channel suggests a potential shift in market sentiment.
ðCurrently, it is trading above the 50-day Exponential Moving Average (EMA), which also confirmed the bullish scenario. Trading above this moving average indicates strength and positive momentum for SFP.
ðThe presence of high demand in the market is anticipated to significantly contribute to a bullish run.
ðIn the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
ðCurrently, it is trading above the 50-day Exponential Moving Average (EMA), which also confirmed the bullish scenario. Trading above this moving average indicates strength and positive momentum for SFP.
ðThe presence of high demand in the market is anticipated to significantly contribute to a bullish run.
ðIn the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
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ðī SafePal Free Signal updateðī
ðAll targets for #SFP/USDT have been successfully met ðū
ðProfit generated:46.99% ð
ðDuration: 35 Days 5 hour and 10 Minutes â°
ðAll targets for #SFP/USDT have been successfully met ðū
ðProfit generated:46.99% ð
ðDuration: 35 Days 5 hour and 10 Minutes â°
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ð After the breakout, it made an upward move, mitigated the OB, grabbed liquidity, and then set a downward move. What's happening here?
ð It's taking a pullback to address the recently created OB and is consolidating in that area after grabbing liquidity.
ð One key observation at the moment is that there's an Order Block around $0.3792 in the lower timeframe that needs to be mitigated for the next possible move.