Looking at this price action unfold. Price broke a key structural level and both the 50 and 100 EMA. On the lower timeframes (1H & 4H) we can see the bulls are fighting to reclaim this support zone.
If we can hold price below it and maybe get a retest on the 4H-chart, this could be an interesting entry for a short position.
With a conservative target at $0.05 and an aggressive target at $0.04.
Would you take this?
If we can hold price below it and maybe get a retest on the 4H-chart, this could be an interesting entry for a short position.
With a conservative target at $0.05 and an aggressive target at $0.04.
Would you take this?
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