Propchain (PROPUSD) is trading within a Channel Up pattern since early October. Since October 20 in particular, the 1D MA50 (blue trend-line) has been supporting. At the moment, the price is testing both the Channel's bottom (Higher Lows trend-line) and the 1D MA50.
As long as they hold, we are bullish, aiming for another +75% (roughly) leg at 3.400. If we close...
Smart money flowing in.
Reversal started 21 september with a nice and respected uptrend.
Looking to get into position at 1.78 | SL 1.68 | TP 2.20
App is launching soon and rumors of a marketing campaign?
Exchange listings?
(last edit; 5-11-2023)
