Short
Matic Long to 1.09 max then Short to .20c Big $ short incoming
Not financial advice
Of note this is a weekly chart so be looking at a 3-6 month window for these targets.
This is a weekly chart but pretty clear explanation that we have to get past 1.09 weekly close to invalidate this play
Target .20c
RSI crossed down but curving back up to resistance of trendline on Stoch Rsi which is circled.
Therefore I see 1.09 being Max target before we finally tank down to .20c and fill in the Green and that big run of 2020.
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
Of note this is a weekly chart so be looking at a 3-6 month window for these targets.
This is a weekly chart but pretty clear explanation that we have to get past 1.09 weekly close to invalidate this play
Target .20c
RSI crossed down but curving back up to resistance of trendline on Stoch Rsi which is circled.
Therefore I see 1.09 being Max target before we finally tank down to .20c and fill in the Green and that big run of 2020.
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
Note
Trade is active since chart posted looking to take profits between 1.00-1.09 area before we crash down to .20c area. A little breathing room left.
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.
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.