PTOY was in a falling wedge and managed to get its head up on an up-trending support (higher lows).
If price breaks MA 50, we could see a potential move to the resistance in the top of the Ichi cloud.
I think a safe entry would be above the MA 50, but obviously, maximum opportunity for profit would be close to the support, but that would take more time to get the profit.
If price breaks MA 50, we could see a potential move to the resistance in the top of the Ichi cloud.
I think a safe entry would be above the MA 50, but obviously, maximum opportunity for profit would be close to the support, but that would take more time to get the profit.
Comment:
Be advised, buying now could take a long time to play-out, since a consolidation between .786 and .883 could happen for a while. We've seen this in NEO for a long time before breaking out of the sideways channel.
Comment:
First support broke. Looking for a drop towards $0.14. That would be a great place to enter long.
Trade closed manually:
If you entered at $0.14, then you woke up happy today.