Long
Facebook long opportunity
Entry price: 335-340$
Target price: 352-354$
RSI: neutral, approaching 50 level, so there is potential for the future growth.
Candlestick Patterns: Hammer and Bullish Kicker
Fibonacci Extension: The last candle crossed the Fibonacci 161,8% level.
Conclusions: Candle patterns and RSI suggest bullish momentum of the asset. Moreover, the price just crossed the last resistance level, thus the long position is recommended after this resistance level will be retested as a support.
No financial advice
Target price: 352-354$
RSI: neutral, approaching 50 level, so there is potential for the future growth.
Candlestick Patterns: Hammer and Bullish Kicker
Fibonacci Extension: The last candle crossed the Fibonacci 161,8% level.
Conclusions: Candle patterns and RSI suggest bullish momentum of the asset. Moreover, the price just crossed the last resistance level, thus the long position is recommended after this resistance level will be retested as a support.
No financial advice
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.