Long
Cup and Handle and possible gap fill #NUH
Cup and Handle formation, awaiting a break out if bulls can regain control.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance level
Stop Loss: $0.040 - Enough room to allow a retest and possible fake out of that long term resistance
Relatively new to this! so happy to hear criticism/feedback.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance level
Stop Loss: $0.040 - Enough room to allow a retest and possible fake out of that long term resistance
Relatively new to this! so happy to hear criticism/feedback.
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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.