APRIL 4th 2022
This chart is a revision to a chart published February 22nd.
The next target will be 0.1751; there is a green parallel line to mark it.
It will stay in the RED UPWARD channel until it reaches the BLUE ARROW, if it breaks above it will reach the DARK GREEN ARROW and if it drops below the RED UPWARD Channel it should find support at the thin black arrow from a year ago.
At 0.17xx will hit a strong resistance but if it should penetrate the red channel upward the target should be where the DARK GREEN ARROW is pointing to.
It should continue on within the RED UPWARD CHANNEL until 0.1940 – 0.2044 at the PURPLE ARROW:
Nothing spectacular is going to happen unless weekly volume comes in higher than the black line I traced over the volume where the LILAC ARROW is pointing to, watch it closely. You can let it ride until it reaches just before 0.2516 where I have put a HORIZONTAL GREEN PARALLEL LINE with an alarm; but start watching it at 0.2375 where the dashed green horizontal line is.
Good Luck!
This chart is a revision to a chart published February 22nd.
The next target will be 0.1751; there is a green parallel line to mark it.
It will stay in the RED UPWARD channel until it reaches the BLUE ARROW, if it breaks above it will reach the DARK GREEN ARROW and if it drops below the RED UPWARD Channel it should find support at the thin black arrow from a year ago.
At 0.17xx will hit a strong resistance but if it should penetrate the red channel upward the target should be where the DARK GREEN ARROW is pointing to.
It should continue on within the RED UPWARD CHANNEL until 0.1940 – 0.2044 at the PURPLE ARROW:
Nothing spectacular is going to happen unless weekly volume comes in higher than the black line I traced over the volume where the LILAC ARROW is pointing to, watch it closely. You can let it ride until it reaches just before 0.2516 where I have put a HORIZONTAL GREEN PARALLEL LINE with an alarm; but start watching it at 0.2375 where the dashed green horizontal line is.
Good Luck!
Trade active:
CORRECTION
support at the thin black LINE from a year ago JAN 21 2021
support at the thin black LINE from a year ago JAN 21 2021
Trade active:
All parallel GREEN LINES are resistance lines, the thicker the stronger the resistance. Brown parallel lines are also resistance but remote.
Trade active:
tgt 16.96 0.17xx good volume today finally
