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C'mon COVAL! Oversold and new J possible (100% potential)
Hello, fellas!
We are in a alts bottom's season. I believe COVAL is bottomed, and we can get a good opportunity for short and mid term. RSI is oversold, and we got 3 tests in support line. Maybe we can test the third time the resistance at fibbo 50%. Possible repeat the J movement after the drawed falling wedge.
So, i will try to enter in demand zone, under 105sats, in a trade like that:
Short term
Entry: <= 105
TP 1 - 121
TP 2 - 131
TP 3 - 142
Mid term
Entry: <= 109
TP 1 - 142
TP 2 - 175
TP 3 - 198 (80% profit)
CM - 15%
If you want a SL, my suggestion is 95 for both terms.
Don't play with you cannot afford!!!!!!!
Warning: I do recommend Capital Management!
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren
We are in a alts bottom's season. I believe COVAL is bottomed, and we can get a good opportunity for short and mid term. RSI is oversold, and we got 3 tests in support line. Maybe we can test the third time the resistance at fibbo 50%. Possible repeat the J movement after the drawed falling wedge.
So, i will try to enter in demand zone, under 105sats, in a trade like that:
Short term
Entry: <= 105
TP 1 - 121
TP 2 - 131
TP 3 - 142
Mid term
Entry: <= 109
TP 1 - 142
TP 2 - 175
TP 3 - 198 (80% profit)
CM - 15%
If you want a SL, my suggestion is 95 for both terms.
Don't play with you cannot afford!!!!!!!
Warning: I do recommend Capital Management!
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren
Nota
We got an entry in 95 and 96 sats...Short term
TP 1 - 108
TP 2 - 112
TP 3 - 115
Mid term
TP 1 - 116
TP 2 - 124
TP 3 - 135
TP4 - 144 (50% profit)
Dagangan aktif
CM is righly recommended!I put 5%.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.