Targeting Just Above $0.50
The price is respecting the 1 hour and 4 hour 50/200 EMA more than it is the bottom trend line of the upward channel. If the EMA lines mixed with the next support level doesn't hold, I will be picking some more up just above the $0.50. If this week proves to be as bullish as everyone is hoping it will be, I'll be entering back in after $0.80-$0.90 flips from resistance to support.
If this doesn't work out, my long term HODL position will keep riding it up. Be sure to DYOR and only invest what you're willing to lose, especially if you overtrade and don't like to use stops.
If this doesn't work out, my long term HODL position will keep riding it up. Be sure to DYOR and only invest what you're willing to lose, especially if you overtrade and don't like to use stops.
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.