As you can see the support and resistance levels have been pretty accurate. The support has been accurate for 3 years and the price has bounced off of it 4-5 times, and the resistance has been accurate for 5-7 years*, and the price has bounced off of it 4-5 times**, so, that makes me think that they will stay accurate for awhile now. Now, if you continue these lines forward until they cross, they cross at ~$150 dollars, so, if the support & resistance stay accurate, it is my prediction that the price will hit $150. When/if the support & resistance cross, the price could make a major move, but we'll have to wait and see.
What do you think? Do you agree? Then press agree! If you don't, then let me know why!
***NOT INVESTMENT ADVICE DO YOUR OWN RESEARCH BEFORE MAKING A TRADE***
*5-7 years because it's looking like the price will bounce off again, if it does it will have been accurate for 7 years, but if it doesn't then it will be accurate for 5 years.
**4-5 times because it's looking like the price will bounce off again, if it does, it will have bounced 5 times but if it doesn't, then it will have bounced 4 times.
What do you think? Do you agree? Then press agree! If you don't, then let me know why!
***NOT INVESTMENT ADVICE DO YOUR OWN RESEARCH BEFORE MAKING A TRADE***
*5-7 years because it's looking like the price will bounce off again, if it does it will have been accurate for 7 years, but if it doesn't then it will be accurate for 5 years.
**4-5 times because it's looking like the price will bounce off again, if it does, it will have bounced 5 times but if it doesn't, then it will have bounced 4 times.
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.