Price bounced off the Demand Zone back in mid August, and also broke out of a down trendline recently.
Price also stayed above the 20 & 60 MA on a 1H chart, which should mean the consolidation is done and ready for breakout.
Looking to enter now.
Target profit 1 at 0.575
Target profit 2 at Supply Zone
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Price also stayed above the 20 & 60 MA on a 1H chart, which should mean the consolidation is done and ready for breakout.
Looking to enter now.
Target profit 1 at 0.575
Target profit 2 at Supply Zone
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
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.
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.