Price is moving on a wedge which supported by an uptrend line and RSI 8 confirmed for reversal. The cleavage of SMA 100 and SMA 200 is very good and Ichimoku cloud still up.
All of good conditions give us a trading opportunity. Order can be placed at the zone $0.82-$0.84.
-------------------------------------------------------------------------------------------------------------------
Zoom out:
All of good conditions give us a trading opportunity. Order can be placed at the zone $0.82-$0.84.
- Short term profit target: $0.9
- Middle term profit target: $1.1
- Long term profit target: $1.4, $1.7
-------------------------------------------------------------------------------------------------------------------
- Stoploss: $0.7
Zoom out:
Note
The game is change, there are somthing might happen:Note
Model has been broken, next support level: $0.62, $0.55Trade closed: stop reached
Stoploss reached, trade close.
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.