KEY idea
Looks nicely because of rounding bottom action. Low risk buy play.
2 ways to play this
1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65)
2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk
Target is ultimately 110-116 sat.
2 ways to play this
1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65)
2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk
Target is ultimately 110-116 sat.
Edward Morra
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.
Edward Morra
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.