Will the support hold and the bullish wedge be triggered and bought?
If yes, then the shortterm target @ the upper side will be @ EMA200 @ 16,8$.
If the strong support @ 15,35-15,50 does not hold, a fast sellout with worst case target @ 12$ could appear.
But at the Moment the CRV for Longs is phantastic. i drawed a possible Long Position into the Chart..i don`t trade it!
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If yes, then the shortterm target @ the upper side will be @ EMA200 @ 16,8$.
If the strong support @ 15,35-15,50 does not hold, a fast sellout with worst case target @ 12$ could appear.
But at the Moment the CRV for Longs is phantastic. i drawed a possible Long Position into the Chart..i don`t trade it!
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.