Currency $CIEN trading alert 💹
Long bias recommended
Entry range: 489.1109-493.2946
Stop loss: 482.9600
Targets: 496.5486, 501.1971, 508.1700
Technical analysis: CIEN is now at 491.9. The short-term EMA has crossed above the long-term EMA, and the MACD has also formed a golden cross—on the surface, there’s nothing wrong with the bullish case. But the RSI is only 58, not even reaching 60. This golden cross is pulled off like a deadlift—no passion at all. Seasoned traders know this kind of market is the most grinding: up one step, shake three times. Chasing in is basically volunteering for the hype crew. Place the stop loss below 482.96—if it breaks, just exit calmly. Don’t daydream. Adjust your position size according to your own risk tolerance.
Recommended stop-loss level: 482.960000, please adjust your position size according to your own risk preference
#CIEN
Long bias recommended
Entry range: 489.1109-493.2946
Stop loss: 482.9600
Targets: 496.5486, 501.1971, 508.1700
Technical analysis: CIEN is now at 491.9. The short-term EMA has crossed above the long-term EMA, and the MACD has also formed a golden cross—on the surface, there’s nothing wrong with the bullish case. But the RSI is only 58, not even reaching 60. This golden cross is pulled off like a deadlift—no passion at all. Seasoned traders know this kind of market is the most grinding: up one step, shake three times. Chasing in is basically volunteering for the hype crew. Place the stop loss below 482.96—if it breaks, just exit calmly. Don’t daydream. Adjust your position size according to your own risk tolerance.
Recommended stop-loss level: 482.960000, please adjust your position size according to your own risk preference
#CIEN