So far, the situation is growing. In general, the price crossed MA, which gives a hint of continued growth.
I see 2 main outcomes:
1. When price is fixed above the trend line (green line), it will go higher to 0.30200, if it breaks and fixes above the level, then we will go to 0.31000 (target). Also, when breaking through and consolidating above 0.31000, it will probably go higher to about 0.32000. If it fixes lower, there will be a movement with a rollback to 0.30200 and growth to 0.31000. If, with growth, it does not break through the level of 0.30200 and settles down, then it will go to 0.29800.
2. A small consolidation of value and breaking of the trend line, followed by a decrease to 0.28500. If we can not gain a foothold, it will go to 0.27800. There is no strong hint of a pullback, but there should be little consolidation.
I see 2 main outcomes:
1. When price is fixed above the trend line (green line), it will go higher to 0.30200, if it breaks and fixes above the level, then we will go to 0.31000 (target). Also, when breaking through and consolidating above 0.31000, it will probably go higher to about 0.32000. If it fixes lower, there will be a movement with a rollback to 0.30200 and growth to 0.31000. If, with growth, it does not break through the level of 0.30200 and settles down, then it will go to 0.29800.
2. A small consolidation of value and breaking of the trend line, followed by a decrease to 0.28500. If we can not gain a foothold, it will go to 0.27800. There is no strong hint of a pullback, but there should be little consolidation.
Trade fermée: cible de profit atteinte
Idées en relation
LTC trade idea
TrendFather
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