Lower line channel didn't hold. Price didn't reach our entry point to go long.
New set up: looking to go long at entry point. If price bounce up but retrace before triggering our long position looking to go short as shown.
Note
short position with stop loss close to price, expecting bounce at SHORT TARGET 1
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Short T1 hit. Price bounce as commented above giving another opportunity to re-enter the SHORT ENTRY, T1 hit again. Important resistance level at $ 0.03869
Trade closed: target reached
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levels form February still relevant, new analysis coming
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