Its getting closer to the apex and the moving averages are also about to meet up.
The way i see it assuming this is not going to fold and the FUD has been cleared out there is only 1 way for this to go and that's up.
60 being the first decent resistance and should see a pull back from there to test the downtrend line also scare the weak hands.
Long terms i think this will keep moving on up at least till 154 where it gets a little busy however after that the zones get nice and empty with lesser resistance.
As of now trading at 28 is a good entry for a possible 3X once we clear 38 and the downtrend line.
Targets 60.10 , 88.95
Loose stop loss 23.85
Think this is getting ready to move has had a nice 3 months of accumulation time to step up .
The way i see it assuming this is not going to fold and the FUD has been cleared out there is only 1 way for this to go and that's up.
60 being the first decent resistance and should see a pull back from there to test the downtrend line also scare the weak hands.
Long terms i think this will keep moving on up at least till 154 where it gets a little busy however after that the zones get nice and empty with lesser resistance.
As of now trading at 28 is a good entry for a possible 3X once we clear 38 and the downtrend line.
Targets 60.10 , 88.95
Loose stop loss 23.85
Think this is getting ready to move has had a nice 3 months of accumulation time to step up .
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.