Cup and Handle formation, awaiting a break out if bulls can regain control.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance level
Stop Loss: $0.040 - Enough room to allow a retest and possible fake out of that long term resistance
Relatively new to this! so happy to hear criticism/feedback.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance level
Stop Loss: $0.040 - Enough room to allow a retest and possible fake out of that long term resistance
Relatively new to this! so happy to hear criticism/feedback.