Naga Dhunseri Mid Term Idea with an RR of 1:5, 50% + ROI1) The stock is poised for a multiyear breakout, it has formed an ascending triangle pattern in monthly timeframe indicating a strong up move once after the ATH is broken.
2) Candlesticks show extremely bullish price action. Inside bars in Monthly as well.
3) RSI in monthly and weekly are supportive, moving up after a small correction.
For a swing trade - One can enter at the demand 1 level if there is a reversal in hourly / 75 min time frame and look for Target 1 and Target 2 zones as targets. 10% up move.
For a mid term trade - One can look to enter at the same demand zone as swing, or once after the ATH is sold off at first and then at a further upside reversal, precisely after a dip and bounce back in Daily timeframe RSI as currently it is inching 90+. As per risk management.
For the Mid term,
SL can be at 1500. Targets at 3100.
Wish you all profits and happy trading!
Nagagroup
NGCUSDT breakout +2000% possible Gains!
Hey traders,
The chart shows a Positive divergence in the RSI indicator.
The NGCUSDT price is testing the daynamic daily resistance & 4H channel .
You can see the broken downtrend line.
I think this coin is a great choice and even if you buy for only 5% - 10% of your funds, it can be a smart bet.
Will it reach the moon?
Do not forget to use Stop loss.
Please like and share.
Thank you.
Naga Coin Tenbagger Dream IIChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 0.60018810 USD
Please also look at the 1st part. You can find this in the ideas linked below.
ALOHA
Naga Coin Tenbagger DreamChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 0.04714986 USD