Bullish Signs:
I could see PT1 for the bulls to be around $22, with PT2 being around $30 where the gap is. PT2 coincides with the top of the downtrending regression channel.
- At long-term support trendline
- At bottom of downtrending regression channel
- Fighting between middle-term resistance line from the pumps
- Short-term RSI bullish divergence
I could see PT1 for the bulls to be around $22, with PT2 being around $30 where the gap is. PT2 coincides with the top of the downtrending regression channel.
Trade closed: stop reached:
Invalidated. Price broke through trendline.