Greetings once again fellow earthlings.
I will keep this short, no need to blabber about it, the chart is clear.
Yesterdays bull run brought the price trading in the same channel it was on the 16/04.
So right now we are waiting for a breakout either above the channel or below the channel.
That said, once a candle closes above or below the channel it most likely ignites the start of the trend and is an entry or short sell signal.
Support zone is marked in purple if shorting, sell targets are marked if going long.
Once again, this is NOT a financial advice and one should always do their own due diligence before investing any real capital.
Also, remember to never trade with capital that you cannot afford to lose.
That said, let's see how this one plays out.
Be good, stay safe.
Namaste :)
I will keep this short, no need to blabber about it, the chart is clear.
Yesterdays bull run brought the price trading in the same channel it was on the 16/04.
So right now we are waiting for a breakout either above the channel or below the channel.
That said, once a candle closes above or below the channel it most likely ignites the start of the trend and is an entry or short sell signal.
Support zone is marked in purple if shorting, sell targets are marked if going long.
Once again, this is NOT a financial advice and one should always do their own due diligence before investing any real capital.
Also, remember to never trade with capital that you cannot afford to lose.
That said, let's see how this one plays out.
Be good, stay safe.
Namaste :)
Trade closed: target reached:
Breakout above was the case :-)