Considering the orange and purple uptrend channel and the fact that the price has supported its uptrend line, as well as the formation of a triangular pattern, we can expect the price to grow to one of the following targets.
TARGET1: 100$
TARGET2: 140$
TARGET3: 170$
Due to the strong resistance on the first target, if the price reaches this target, save profit and free risk must be done.
STOP LOSS: 47$
ENTRY: 66-58
TIME 2-8W
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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.
FOLLOW ME ON SOCIAL NETWORK
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
Telegram: t.me/KhaniTechnical
Instagram: instagram.com/khanitechnical/
Youtube: youtube.com/channel/UCyVqjUaOZX1WjitGHIZaZAw
Twitter: twitter.com/khanitechnical
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.