Broke out of a down trendline.
Had a 10+% surge up at end of July.
And price is not consolidating.
Anticipating another 10+% burst up soon. Perhaps a better time to enter is when the 20MA catches up.
Target profit also coincides with a resistance at about $780.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Had a 10+% surge up at end of July.
And price is not consolidating.
Anticipating another 10+% burst up soon. Perhaps a better time to enter is when the 20MA catches up.
Target profit also coincides with a resistance at about $780.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Comment:
Today might be a good day to enter!
Trade closed: stop reached:
Setup invalidated!