1 - A strong previous resistance that has turned into support (range: $36-$37).
2 - A bullish pattern is forming: a Falling Wedge.
* First target: The current resistance at $44-$45, offering a potential 20% profit.
* Second target: $55, with a potential 45% profit.
> Stop-loss: I will update this idea later.
Trade active
as long the price is above the support & the yellow trend , it's still positive.Trade closed: target reached
target 1 Done, Hamdullilah.Disclaimer
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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.