#SQT
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well.
We have a support area in green at a price of 0.01000 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have a downtrend on the RSI indicator that supports the price upwards.
Entry price 0.01050.
First target 0.01318.
Second target 0.01482.
Third target 0.01676
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well.
We have a support area in green at a price of 0.01000 after the price touched it and rebounded from it.
We have a trend to stabilize above the moving average of 100.
We have a downtrend on the RSI indicator that supports the price upwards.
Entry price 0.01050.
First target 0.01318.
Second target 0.01482.
Third target 0.01676