NOTE: This is the Renko style chart. Have a look at time. I like using this chart style for the simplicity of it to show this analysis.
As you can see, it made a triple bottom and its now at a crucial point of make it or break it. Price is approaching 200ma and resistance trend line. If we can break this I believe it will be the start to a new uptrend. Resistance as is, 11.35-40. A break of 11.40 would be a good indication, but a break above 11.50 and closes above the 200ma would be best.
Targets 12-13
A full blown reversal could see $20+
As you can see, it made a triple bottom and its now at a crucial point of make it or break it. Price is approaching 200ma and resistance trend line. If we can break this I believe it will be the start to a new uptrend. Resistance as is, 11.35-40. A break of 11.40 would be a good indication, but a break above 11.50 and closes above the 200ma would be best.
Targets 12-13
A full blown reversal could see $20+
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.