1D timeframe
MASK is currently re-testing the downtrend. Breaks above could send price to 5.30 which has acted as resistance 4 x times historically.
We did see a fake-out of the downtrend before a significant move to the downside bringing us back underneath and back to previous support levels.
Wouldn't be suprised if we re-tested 1.30 as support before going up.
280% up vs 21% down
Reward vs Risk @ 13:1
MASK is currently re-testing the downtrend. Breaks above could send price to 5.30 which has acted as resistance 4 x times historically.
We did see a fake-out of the downtrend before a significant move to the downside bringing us back underneath and back to previous support levels.
Wouldn't be suprised if we re-tested 1.30 as support before going up.
280% up vs 21% down
Reward vs Risk @ 13:1
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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.