Entry: $2.50 - 2.55
TP: $1.65 - 1.50
-200d BB 1.25 stdev is visually very wide, would require an enormous amount of for a trend continuation move right now.
-1.25 stdev now acting as resistance (previously support)
-50d BB 1.25 stdev likely to expand here. Long term compression, short term expansion. No implied direction, but is hinting at a move very soon. (shown via )
-RSI is neutral. **The trough following Sibos 2017 had this same trough for the , and the succeeding move resulted in a 10x increase. Same here would be $20.00. This would be the contingency plan for a short**
-Pitchfork channel also acting as resistance currently.