Looking back at the previous cycle.
price tested the established support 2 times before starting the next big impulsive move up.
for this cycle the Establishing support seems to be around (0.1-0.2 usd)
one last test of this area would provide an excellent risk reward ratio to formulate a position.
price is currently in a bear flag with the target of 0.12 usd. upper range of the bear flag could be tested 1 more time around 60 cents for the eventual break down.
the price projections are only for visual purposes. the actual impulse could be a lot larger or even smaller(hopefully not) than that.
good luck
price tested the established support 2 times before starting the next big impulsive move up.
for this cycle the Establishing support seems to be around (0.1-0.2 usd)
one last test of this area would provide an excellent risk reward ratio to formulate a position.
price is currently in a bear flag with the target of 0.12 usd. upper range of the bear flag could be tested 1 more time around 60 cents for the eventual break down.
the price projections are only for visual purposes. the actual impulse could be a lot larger or even smaller(hopefully not) than that.
good luck
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.