This is a continuation of the previous post.
What we have now.
We have strong wave to our goal 28$.
It could have been a 42 degree upward trend. But at the moment we have a trend of ~ 70 degrees.
Let's take a look at the pros and cons.
Pros:
1. fast reaching our goal.
2. We can do it over high.
Cons:
1. In the region of $ 21 and $ 23.5 we can meet resistance, but just as quickly break through it.
2. After a sharp rise, we can go well down the same way.
For profit, I advise you to set a grid at
1. 26 $
2. 26.5 $
3. 27 $
4. 28 $
But if you think it might be over high. Then I can assume it is in the $32 zone.
Save your money. Manage your risks and thank you for your attention.
What we have now.
We have strong wave to our goal 28$.
It could have been a 42 degree upward trend. But at the moment we have a trend of ~ 70 degrees.
Let's take a look at the pros and cons.
Pros:
1. fast reaching our goal.
2. We can do it over high.
Cons:
1. In the region of $ 21 and $ 23.5 we can meet resistance, but just as quickly break through it.
2. After a sharp rise, we can go well down the same way.
For profit, I advise you to set a grid at
1. 26 $
2. 26.5 $
3. 27 $
4. 28 $
But if you think it might be over high. Then I can assume it is in the $32 zone.
Save your money. Manage your risks and thank you for your attention.
