Technical Analysis (TA)
Weekly Chart is showing signs of breaking out/reversing from the overbought zones.
The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal.
On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends are good) to 0.117.
Price Target
Entry: 0.78
Target 1: 0.09 (+15%)
Target 2: 0.117 (50%
Weekly Chart is showing signs of breaking out/reversing from the overbought zones.
The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal.
On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends are good) to 0.117.
Price Target
Entry: 0.78
Target 1: 0.09 (+15%)
Target 2: 0.117 (50%
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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.
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.