Holding above $0.20 (range low & demand zone) — expecting a move towards the mid-range ($0.48), where a stack of equal highs is waiting.
Lose $0.20 — invalidation, back to lower support.
Key idea: Range play, targeting liquidity at the mid-range. Macro resistance at $0.75 if breakout extends.
Accumulation still visible, bullish bias above range low.
Lose $0.20 — invalidation, back to lower support.
Key idea: Range play, targeting liquidity at the mid-range. Macro resistance at $0.75 if breakout extends.
Accumulation still visible, bullish bias above range low.
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Related publications
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.