Trade setup: Price is in an uptrend. Following a bullish break above $43 key level, price has reached our near-term target of $50 for a +15% gain. This is where price got rejected in late 2023, which makes it a significant resistance level. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $50 to signal continuation of uptrend, with + 30% upside potential to $65 next, or 2) pull back near $43 support for another swing trade entry in Uptrend with +15% upside potential back to $50.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, which it broke, then $50 and $65.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, which it broke, then $50 and $65.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.