Long
Another nice entry to take a swing here
As we see in the H4 timeframe, price was forming a cup, and right now is forming the handle.
Since the price already came back from the support, we have good chances it will reach the top of that channel. If we are lucky, it will even break the resistance, and perform a good breakout to the top.
We have had higher highs, and higher lows and even the EMA 200 is on our side. So odds should be in our favor.
The performance on this thing is like 700% this year, and it looks like we could raise the price up to around 14.00 $.
So, make up your mind, jump on it, or wait for an eventual breakout.
Since the price already came back from the support, we have good chances it will reach the top of that channel. If we are lucky, it will even break the resistance, and perform a good breakout to the top.
We have had higher highs, and higher lows and even the EMA 200 is on our side. So odds should be in our favor.
The performance on this thing is like 700% this year, and it looks like we could raise the price up to around 14.00 $.
So, make up your mind, jump on it, or wait for an eventual breakout.
Trade active
got in with a small position for now.Note
profits...Note
Well, the pullback was there, the price is slowly ascending... very slowly. Tighten your SL, as it looks like the price will fall over, at this kind of momentum right now.
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Free Trading Education:
discord.gg/EQmck5aU
discord.gg/EQmck5aU
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.