PENGU I think may be ready to go.
It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure.
Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low.
I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265.
We need to break that red downtrend and hold it as support to do any sort of serious movement.
There are of course more upside targets, but the focus for now is getting this to risk-free.
Thank you!
It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure.
Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low.
I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265.
We need to break that red downtrend and hold it as support to do any sort of serious movement.
There are of course more upside targets, but the focus for now is getting this to risk-free.
Thank you!
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.