Channel Support!
Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
We can take a look at OPTT on the Daily TF, which is currently sitting at the bottom of an ascending parallel channel. It has been on a health run for a while now. If we can hold this support we can most likely see a strong push to test the top of the channel, indicated with a percentage calculator and a white horizontal line. With that being said a ascending channel does have a bearish overall result in the end, so trade wisely. If the channel breaks we can see price touch one of the following supports shown in white. Their technology is very smart and in the long run I see this company being very successful.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
We can take a look at OPTT on the Daily TF, which is currently sitting at the bottom of an ascending parallel channel. It has been on a health run for a while now. If we can hold this support we can most likely see a strong push to test the top of the channel, indicated with a percentage calculator and a white horizontal line. With that being said a ascending channel does have a bearish overall result in the end, so trade wisely. If the channel breaks we can see price touch one of the following supports shown in white. Their technology is very smart and in the long run I see this company being very successful.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
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