Breakdown:
Heavy sell timeframe (Highlighted in Red box) from 2/23 to 3/8. Looks like $9 is the Resistance level here. Possible that this takes around the same amount of time to complete run back up (Highlighted in Green box) with a completion date of 4/30 that would put us back in the $11 price. CLOV might have a few volatile days along the way but I'm pretty confident in a $11 PT. I don't see this going down past $7.30 for long before bouncing back so not much to risk here really.
I'm not sure how much higher this could reach if/when it reaches $11, FOMO would likely be in "full effect" at that point.
*Support, Resistance, and Price Target Marked in chart*
Will try to update as days progress.
Lets see how this plays out!
*Please leave a like if you find this idea helpful, thanks*
Heavy sell timeframe (Highlighted in Red box) from 2/23 to 3/8. Looks like $9 is the Resistance level here. Possible that this takes around the same amount of time to complete run back up (Highlighted in Green box) with a completion date of 4/30 that would put us back in the $11 price. CLOV might have a few volatile days along the way but I'm pretty confident in a $11 PT. I don't see this going down past $7.30 for long before bouncing back so not much to risk here really.
I'm not sure how much higher this could reach if/when it reaches $11, FOMO would likely be in "full effect" at that point.
*Support, Resistance, and Price Target Marked in chart*
Will try to update as days progress.
Lets see how this plays out!
*Please leave a like if you find this idea helpful, thanks*
Not
Seems like Bull run is confirmed.İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.