Long
$FB. Still cheap. Long.
Facebook announced $Libra, this decision to enter into the crypto environment might have a very positive effect on the price, because $Libra opens a lot of opportunities for development in this sector.
Also the chart has strong uptrend channel, where the price wants to back to its avg at $210 - $215 to continue the uptrend.
Time Frame: 4H
Resistance ~ $220
Support:
~ 1W Lower Bound
~ EMA lines
~ Strong support $165
TP ~ $250 and higher
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
Also the chart has strong uptrend channel, where the price wants to back to its avg at $210 - $215 to continue the uptrend.
Time Frame: 4H
Resistance ~ $220
Support:
~ 1W Lower Bound
~ EMA lines
~ Strong support $165
TP ~ $250 and higher
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.