25% Rally Imminent
Today's daily candle has just broke through an important resistance at $1.20. Currently, I am waiting to see where today's candle closes which could also paint a higher high breaking the midterm downtrend. Time after time in this assets history bouncing off $1.00 results in a rally to around $1.50.
Note
Round TwoTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.