Long
PTOY / Dollar waiting for breakout
PTOY was in a falling wedge and managed to get its head up on an up-trending support (higher lows).
If price breaks MA 50, we could see a potential move to the resistance in the top of the Ichi cloud.
I think a safe entry would be above the MA 50, but obviously, maximum opportunity for profit would be close to the support, but that would take more time to get the profit.
If price breaks MA 50, we could see a potential move to the resistance in the top of the Ichi cloud.
I think a safe entry would be above the MA 50, but obviously, maximum opportunity for profit would be close to the support, but that would take more time to get the profit.
Note
Be advised, buying now could take a long time to play-out, since a consolidation between .786 and .883 could happen for a while. We've seen this in NEO for a long time before breaking out of the sideways channel.Note
First support broke. Looking for a drop towards $0.14. That would be a great place to enter long.Trade fermée manuellement
If you entered at $0.14, then you woke up happy today.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.