05/26/2022 (mm-dd-yy)
TARGET 176
TRIGGER 151
STOP 1 = 148
STOP 2 = 127
Historic:
05/26/2022 (mm-dd-yy)
Fear & Greed Index: 28
Mid-term forecast (1-2 weeks):
If price breaks the 151 resistance, a resumption of a strong uptrend is expected.
Aiming at 176 (1-2 weeks) and 180 (2-4 weeks)
If the support a 148 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 148 or 127 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 151 and 127, starting on 10/19/2021.
This week it can break 151 and is expected to rise to 176 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 151
+ Take Profits:
TP1=176
+ Stop:
Stop1=148
Stop2=127
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TARGET 176
TRIGGER 151
STOP 1 = 148
STOP 2 = 127
Historic:
05/26/2022 (mm-dd-yy)
Fear & Greed Index: 28
Mid-term forecast (1-2 weeks):
If price breaks the 151 resistance, a resumption of a strong uptrend is expected.
Aiming at 176 (1-2 weeks) and 180 (2-4 weeks)
If the support a 148 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 148 or 127 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 151 and 127, starting on 10/19/2021.
This week it can break 151 and is expected to rise to 176 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 151
+ Take Profits:
TP1=176
+ Stop:
Stop1=148
Stop2=127
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!