If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in) and have your stops just below the ascending BLACK trendline. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
Comment:
Correction: Sorry, there is no ascending BLACK trendline here. That was for my Bitcoin chart. I would place your stops on this trade somewhere below our $280 support, depending on your risk tolerance.
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Prophesying the price action of markets one chart at a time.
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