$FB. Still cheap. Long.

Facebook announced Libra, this decision to enter into the crypto environment might have a very positive effect on the price, because Libra opens a lot of opportunities for development in this sector.

Also the chart has strong uptrend channel, where the price wants to back to its avg at $210 - $215 to continue the uptrend.

Time Frame: 4H

Resistance ~ $220

Support:

~ 1W Lower Bound
~ EMA lines
~ Strong support $165

TP ~ $250 and higher

I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
facebookfacebooklongFacebook (FB)fblongSupport and ResistanceTrend AnalysisTrend Lines

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