Easy sell signal at top of the channel. Now looking for re-entry positions.
Possible re-entry levels:
$3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with our 50MA. Could be a great bounce target.
$2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of occuring but in my opinion is a grea long-term hold. If we give up this level we could see much lower prices depending on the overall market.
Possible re-entry levels:
$3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with our 50MA. Could be a great bounce target.
$2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of occuring but in my opinion is a grea long-term hold. If we give up this level we could see much lower prices depending on the overall market.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.