Hi dear friends
The price has been very nice in its movement, respecting the previous ranges, and until the orange uptrend line is broken to the bottom, I have no mentality for a downtrend.
In my opinion, there is a high possibility of forming an upward trend from the $0.2458 or $0.2348 price range.
The yellow range ($0.3454) is not so valid and probably there are no special orders in this range!!!
If the uptrend line doesn't break down, the longer term downtrend line is more likely to break, isn't it!?!?
The price has been very nice in its movement, respecting the previous ranges, and until the orange uptrend line is broken to the bottom, I have no mentality for a downtrend.
In my opinion, there is a high possibility of forming an upward trend from the $0.2458 or $0.2348 price range.
The yellow range ($0.3454) is not so valid and probably there are no special orders in this range!!!
If the uptrend line doesn't break down, the longer term downtrend line is more likely to break, isn't it!?!?
Trade closed: stop reached:
Unfortunately, the specified ranges were lost and our loss limit was activated.