Day Chart Pattern: Downward Channel
Daily Trend: Bearish Testing Key Support
Possible trend: Bearish Downward Channel
Divergence: None
Candlestick Pattern: Waiting on Daily Close
Volume: Low
Time Frame: Day Chart
My Targets: Probability can change.
Reward to Risk: 1/3
Possible Entry: What I'm looking for:
.00003145 - .00003262
Resistance needed broken with candle close above .00003279 to continue to next target!
Targets Can exceed or not meet expectation
1 .00003358
2 .00003453
3 .00003553
4 .00003667
5 .00003825
Stop Loss: Base on a Daily Candle Close.
1 .00003145
2 .00002363 next target if first stop
loss support broken with a candle
close
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.