The price has reacted positively to a key weekly support zone, which has prevented further downside movement. As seen on the chart, the latest pivot low is higher than the previous pivot low, and the resistance that had created the lowest low was unsuccessfully broken once.
taken together, these signals suggest the beginning of a bullish trend that could provide solid returns for investors.
Price targets:
> $5.40
> $6-7
> $9
> $11
if the $10-11 resistance zone will get broken, the price has the potential to reach $23 an ultimately $49 -- although these two targets are currently considered long-term and less attainable in the near future.
This analysis reflects personal opinion and is not financial advise.
taken together, these signals suggest the beginning of a bullish trend that could provide solid returns for investors.
Price targets:
> $5.40
> $6-7
> $9
> $11
if the $10-11 resistance zone will get broken, the price has the potential to reach $23 an ultimately $49 -- although these two targets are currently considered long-term and less attainable in the near future.
This analysis reflects personal opinion and is not financial advise.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.