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Technical analysis by TheSignalyst about Symbol IDEA: Buy recommendation (4/9/2024)

https://sahmeto.com/message/1665738
TheSignalyst
TheSignalyst
Rank: 893
2.8
Buy،Technical،TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈 IDEA has been overall bullish, trading within the flat wedge pattern in orange.Currently, IDEA is in a correction phase, approaching the lower bound of the wedge.Moreover, it is retesting a strong demand zone $0.0026 - $0.003.🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower orange trendline.📚 As per my trading style:As #IDEA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.0037269
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