Set a blue line for the next bounce. This would be a higher low than yesterday. NCASH failed to stay above 480, which is the first attempt since the previously failed wave 5. Strong buys stacked up at 455, which would put them just outside of the upwards line of support. Stacked buys going from 455 to 470. Regardless there is still room to ride this ascending line of support. If NCASH runs out of room and fails to achieve 480+, it's still a 20-30 sat/each profit. This channel failed once and there was a quick recovery.
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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.