Therr can be a bullish and a bearish scenario from here. But as there is a negative RSI divergnce, I am looking around for catching the bearish one. If we look at bearish one then stoploss can be $0.775 with 3 targets of $0.72, $0.71, $0.7 and for bullish one, it can be $0.745 and targets are not defined.
Remember It has broken its downtrend resistance line on higher timeframe so now it is overall bullish. This is just a very short term movement analysis.
Remember It has broken its downtrend resistance line on higher timeframe so now it is overall bullish. This is just a very short term movement analysis.
Nota
Bullish one becomes true. Price reached 0.787But still bearish momentum is possible from bere
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And yes as expected bearish momentum. Dumpers pushed it to 0.66 I was not expecting it though. Closed at 0.71 Overall it was a very good trade
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.