This is my trade idea, not an advise. I see a possible repetitive pattern on the RSI and, if it's going to re-confirm itself in the same way, we can expect new HH soon and maybe a new ATH. If it doesn't, it could lateralize fo a while.
This is my trade idea, not an advise. I think it can go very high, but for now I prefer set the first target not too far. Waiting for breaking the resistance before entry.
The price is reacting for the 3rd time to the trendline and we have seen a slow down in proximity of the closest resistance. I expect a descent to the major trendline and then i can think for a long position hoping for a new ATH.
The price is reacting on the most important buy zone, after breaking the trend line i think it's going to retest the area and then sprint to the T1 (short term).
Target one is a strong area of resistance, once there, the trend can be revalued in order to decide if close all or chase the target 2.
#notafinancialadvise #DYOR
The price is located on a strong support area , which if broken, will meet the next support in area 26/ 28. I think that only if it does not happen, will we be able to reach a new ATH in the short term. What do you think? 1 or 2?
