We can see a wedge is forming, price is at a major point, break above with a failed break below the resistance - we see high potential for $250.
Failed breakthroughs and a rejection? We see $150 once more.
Thoughts?
Failed breakthroughs and a rejection? We see $150 once more.
Thoughts?
Note
Price has broken above, and fell below.
We are now retesting the resistance once more, if it maintains it's position above we can look for longs.
If we fail and fall below, we will look for shorts and apply the strategy DCA and accumulate our way down.
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.
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.