Hey guys! Here's my view on V03:
Summary
I will place a BUY limit at the second support zone 9.93 - 10.58.
Currently, we are seeing a nice bounce from the 1st Support Zone and it could push up to the 1st resistance zone at 16.45 - 17.00 before a drop to our 2nd support zone.
Action:
Buy Limit: 9.93 - 10.58
Stop Loss: 8.50
Take Profit: 20.47
Analysis:
Nice bounce off the 1st support zone now and it could rise further to the first resistance zone in red before a drop.
IF price breaks the 1st support zone , it is likely to push lower to our 2nd support zone where I will look to enter a BUY limit there.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
Summary
I will place a BUY limit at the second support zone 9.93 - 10.58.
Currently, we are seeing a nice bounce from the 1st Support Zone and it could push up to the 1st resistance zone at 16.45 - 17.00 before a drop to our 2nd support zone.
Action:
Buy Limit: 9.93 - 10.58
Stop Loss: 8.50
Take Profit: 20.47
Analysis:
Nice bounce off the 1st support zone now and it could rise further to the first resistance zone in red before a drop.
IF price breaks the 1st support zone , it is likely to push lower to our 2nd support zone where I will look to enter a BUY limit there.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.