Possible continues trend up, with new ATH
Please note this is only an idea, invest at your own risk.
The price shows a nice and steady move up high, supported by trendlines . There should be support by the 20MA, which can act as good entry point. Additionally, there should be a support at 84, which acts as key support. If this breaks, setup might become invalidated.
A safer play can be to wait an approach to 20MA, and ride it up to 92. Then expect price to eventually test 93 resistance.
If can surpass 93 resistance, expect new ATH .
Happy to get feedback on my idea.
The price shows a nice and steady move up high, supported by trendlines . There should be support by the 20MA, which can act as good entry point. Additionally, there should be a support at 84, which acts as key support. If this breaks, setup might become invalidated.
A safer play can be to wait an approach to 20MA, and ride it up to 92. Then expect price to eventually test 93 resistance.
If can surpass 93 resistance, expect new ATH .
Happy to get feedback on my idea.
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.