It is definitely a promising paper, and at the moment the Triangle pattern is being formed, which is fundamentally the stage of accumulating positions after the previous strong growth. A good moment for a long-term entry into an asset. In the process of growth, the price forms good support levels (shown by turquoise zones), which indicates good termination and interest of traders and investors. The price movement is expected along the lilac arrow and the achievement of the total trade target of $ 100.
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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.