KEY idea
Looks nicely because of rounding bottom action. Low risk buy play.
2 ways to play this
1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65)
2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk
Target is ultimately 110-116 sat.
2 ways to play this
1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65)
2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk
Target is ultimately 110-116 sat.
Edward Morra
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