Long
going testing upper trend line
well see if it breaks above falling channel or bounces downward to continue downtrend.
Short term long with high risk. First target looking at 2$. if it breaks above, momentum could carry it a bit further maybe 2.25$ however unlikely since the current bounce that we are experiencing is relatively low volume.
Short term long with high risk. First target looking at 2$. if it breaks above, momentum could carry it a bit further maybe 2.25$ however unlikely since the current bounce that we are experiencing is relatively low volume.
Note
reached top of channel, most likely coming down again: new position is shortthat being said theres a small chance that it consolidates and moves higher out of channel. However unlikely, a tight stop around 2.35 is a good idea
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.