BQX token of the universal wallet ETHOS has been in downtrend since Jan 7.
Need to break this downtrend channel for higher targets.
I'm expecting a move to the green resistance lines followed by a small retracement and then breakout of the channel.Targets will be updated after the breakout
Need to break this downtrend channel for higher targets.
I'm expecting a move to the green resistance lines followed by a small retracement and then breakout of the channel.Targets will be updated after the breakout
Trade active:
Moving towards top of the channel
Trade active:
Reached the top.secure your profits.
Trade active:
Crossed 1st target 0.000395
Comment:
Reached second support(Rebuy zone)
Comment:
moved out of the downtrend channel..
Possible resistance levels
0.00036
0.00041
Possible resistance levels
0.00036
0.00041
I expect it to retrace back slightly before the next run.
Possible reversal zones are
0.000395
0.000375
0.000345
You can also place buy order above the downtrend channel.This way you won't miss the breakout if it reverses without reaching the recommended targets.