I my opinion AERGO can stay above the previous resistance and make it it's new Support area. But the 4H candle is very strong and bearish candle so it has to start to range in lower time frames and making inside bars in 4H time frame. I also think it can hit the Medium line of P.F ( Purple Line! ) which has supported the trend before and can PUMP it another time to it's previous high. but first we have to see range in lower time frames and strong Bullish candle patterns in 4H time frame ( such as MORNING STAR pattern ) so we can buy this with lower risk .
S.L is 0.25$ which is under Previously specified support area.
BE PROFITABLE :))
S.L is 0.25$ which is under Previously specified support area.
BE PROFITABLE :))