Long
Trias buy opportunity
Trias has been performing well during this bear market. Making continous higher highs and higher lows.
Now we can see many bullish signals once more:
- Resistance zone turned into support
- Candles inside FIB Golden pocket
- Hammer candlestick
- Candlesticks touching lower end of the 2023 channel.
If price moves at the same speed and within the same range as between the two previous highs, it should give us a target price around $6 - $6.45. This target zone coincides with the upper band of the channel, the FIB -0.618 level and a resistance zone from back in 2022/2021.
Interesting
Now we can see many bullish signals once more:
- Resistance zone turned into support
- Candles inside FIB Golden pocket
- Hammer candlestick
- Candlesticks touching lower end of the 2023 channel.
If price moves at the same speed and within the same range as between the two previous highs, it should give us a target price around $6 - $6.45. This target zone coincides with the upper band of the channel, the FIB -0.618 level and a resistance zone from back in 2022/2021.
Interesting
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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.