It's difficult to make calls with Trading View considering that you have to be very accurate with time. I'm bullish on this again, last time we were expecting demand at resistance but it did not show-up. Now we made a new low + favorable test; no follow-through. Signs of absorption in price and volume. Possible trade with a SL at ≈$1.14 + optimal long-run strategy. Prime Reward:Risk.
My long targets?
$2, $3.5 & $6.5.
We could be ni an apex but we don't know yet. Price can still keep advancing. A close below at $1.15 and poor demand could produce further testing or even a new low. We will see. It's demand's turn until it's not. I'll try to be more explicit about my thoughts as it looks dumb to post something without information and being wrong. Looks like you only have one scenario. Today I'm just talking about this trade. You can play it in a lower timeframe if you want closer targets. I suggest not to close too much because odds are that we could break with strength and determination. It's still Sunday morning though, next week looks promising.
(Attention to the MA!)
Stay cool and be nice to your mother. Take care of your health. Eat natural food. Exercise. Read. Meditate.
With love,
AA
My long targets?
$2, $3.5 & $6.5.
We could be ni an apex but we don't know yet. Price can still keep advancing. A close below at $1.15 and poor demand could produce further testing or even a new low. We will see. It's demand's turn until it's not. I'll try to be more explicit about my thoughts as it looks dumb to post something without information and being wrong. Looks like you only have one scenario. Today I'm just talking about this trade. You can play it in a lower timeframe if you want closer targets. I suggest not to close too much because odds are that we could break with strength and determination. It's still Sunday morning though, next week looks promising.
(Attention to the MA!)
Stay cool and be nice to your mother. Take care of your health. Eat natural food. Exercise. Read. Meditate.
With love,
AA
