Facebook announced $Libra, this decision to enter into the crypto environment might have a very positive effect on the price, because $Libra opens a lot of opportunities for development in this sector.
Also the chart has strong uptrend channel, where the price wants to back to its avg at $210 - $215 to continue the uptrend.
Time Frame: 4H
Resistance ~ $220
Support:
~ 1W Lower Bound
~ EMA lines
~ Strong support $165
TP ~ $250 and higher
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
Also the chart has strong uptrend channel, where the price wants to back to its avg at $210 - $215 to continue the uptrend.
Time Frame: 4H
Resistance ~ $220
Support:
~ 1W Lower Bound
~ EMA lines
~ Strong support $165
TP ~ $250 and higher
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
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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.