You can lower stop loss to your preference. I'd probably take some profit at the 50% retrace if ever get there as this could turn into a bearish 5-0 Pattern real fast. Given the current Market Conditions, I don't know how bad the potential bearish 5-0 could turn out. Could literally make a scrub retrace and then continue on to higher highs after that.
1h time frame
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MOBILE is consolidating for around 2 weeks, the consolidation top and bottom are clear to see. Also, we can use volume profile on chart, then the comparable high accumulation price is 0.0036. Furthermore, Fibonacci Projection help us to estimate the other support, which is 0.0035, so we could set up a trading plan as below.
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TP: 0.0053
SL: 0.00297
COINBASE:MOBILEUSD got added to coinbase recently and it looks like it's formed a bottom and is about to make a large move higher.
Price just went to form a higher low and it's done the same on MACD and RSI, think a big move is incoming over the next week or so.
Upside targets on the chart.
Let's see.
MOBILE appears to be Bullishly Diverging on both the MACD and RSI at the range lows aligning with the PCZ of a Bullish Gartley if it plays out I see it very likely that we push back up towards the highs and perhaps even the Fibonacci Extensions.
