Strong support and resistance levels (in red) is the current trading zone. With a pennant forming, expect a breakout to the resistance or support levels. If price break resistance, I'm expecting a rise to $1. If it break support, expect a drop to $0.55. Don't trade based on this TA, use your own judgement.
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- Liam
Follow me for updates and other trading ideas.
- Liam
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Note
Target reached.
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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.