ONE of the more bullish large cap charts!
Updated
Clear support from trend since mid-july
Recently passed over the horizontal resistance
Bounced back from 1.618 Fib level and now probably going to retest the support at 0.26$
Considering the huge number of events and improvements on their roadmap for the next two months, I believe it will hold the support and bounce upwith more momentum
I would stop below the horizontal green line. As it's a project with a lot of upside potential I can be wider with stops.
Recently passed over the horizontal resistance
Bounced back from 1.618 Fib level and now probably going to retest the support at 0.26$
Considering the huge number of events and improvements on their roadmap for the next two months, I believe it will hold the support and bounce upwith more momentum
I would stop below the horizontal green line. As it's a project with a lot of upside potential I can be wider with stops.
Note
Support at 0.26$ tested, textbook.Trend broken up on smaller timeframes.
VERY Bullish!
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