Long
BQXBTC
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 channelTrade active
Reached the top.secure your profits.Note
Target reached.That is a 50% run from the call.Hope you all have secured the profits.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.
Trade active
Crossed 1st target 0.000395Note
Reached second support(Rebuy zone)Note
moved out of the downtrend channel..Possible resistance levels
0.00036
0.00041
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.