ORBS Network to the moonOn the above weekly chart price action has corrected over 90% since April 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows replace lower highs lower lows.
3) Confirmation of support on past resistance. Horizontal blue channel.
4) The flag pattern flagpole measures a 2000% move to the 55 cent area.
5) Weekly GRM support confirmation. Some of you know what this means, some of your don’t.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe for long: Today
Return: 15-20x