Scenario 1: It confirms the support and then breaks through the resistance => Price Target 1
Scenario 2: It breaks through the resistance without struggle => Price Target 2
Price Target 1: $3.75
Price Target 2: $6
Overall it is technically looking very strong in both cases.
Fundamentally it is also a strong play due to the upcoming Fort Canning update with Stock trading on the block chain.
The next Shiba ?
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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.
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.