- Latest uptrend managed to break the previous resistance and turn it into support. - Also found support on the Ichi cloud. - Weekly MACD just crossed bullish and rising. - MA 20 recently crossed above MA 50 and about to cross MA 200, which last happened almost 1 year ago and lead to huge gains in a bull run that lasted for about 2 months.
I think buying here is very safe and should provide great profits in the next month or so.
Trade active
Came back to support. Let's get this thing started! If it breaks the support line, it can still bounce back from the cloud, so not much to worry about here.
Note
playing out beautifully. trend is intact so far. as long as you bought around the blue rectangle, the risk is very low.
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.