Possible Scenario: Long
Price Targets:
TP1: 284$
TP2: 300$
Evidence:
Inverse Head and Shoulder on 1h chart
Break out conformation of the previous resistance level of 276$
Break out from the bearish channel with massive Volume
Rejection at the EMA50 as support and continuing the bullish price action
Trade closed: target reached
TP1 Hit.Note
Done as expected.Note
It will hit 265$, and if it doesn't hold, see you at 190$ in 3 months. If it is rejected at 265$, then ATH is on the table.Note
It hit 265$, I'll publish another chart tonight.no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.