The trade on this is a bit later, as Trading Alpha gave the signal days ago. You can see that we had a breakout and retest of descending blue resistance as support, yellow squeeze shading, two green arrows to signal an entry, a break above the track line and sustained grey dots.
To me, this says that any dip is for buying, and that price should target the next key resistance around $3.
I would be wary if I saw the grey dots end or blue dots print. Otherwise, this looks like it is consolidating for the next move up.
*I own this token
To me, this says that any dip is for buying, and that price should target the next key resistance around $3.
I would be wary if I saw the grey dots end or blue dots print. Otherwise, this looks like it is consolidating for the next move up.
*I own this token
scott.melker@texaswestcapital.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
scott.melker@texaswestcapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.