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bejaneps
Apr 5, 2021 8:08 AM

PROMBUSD Possibly Breakout Long

Description

Hi, I can see very obvious pattern here. We had double bottom on PROMBUSD and RSI indicator didn’t fall further, so it formed Bullish Divergence. Also, PROMBUSD broke downtrend channel line, which is the sign of further uptrend continuation. For short term, I’m seeing 20-30$ price range, but for long term we can go as far as 100$+.

Keep your stops tight and be patient !

Trade closed: target reached

ahahahah, this was crazy
Comments
Trader123456789123
you think it can break higher?
bejaneps
@Trader123456789123, I expect retrace now, and if bulls keep the price over 30$, then uptrend can continue
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