As long as we stay above the 0.90 support line we are safe. The good news is if we drop down, there is another support line at 0.64.
The trend lines are all indicating a uptrend, if price breaks out of the top trend line, we could see prices of $1 to $1.50 by the end of the year.
If we stay under the top trend line we could see prices from $0.80 to $1.20 by the end year
Worse case we break through support 1, support 2, support 3. And price drops to $0.20, but still with an up trend bottom trend line. If this happens will be an amazing opportunity to buy.
*Remember these are just my ideas, do not trade on other peoples ideas.*
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.