Pretty new to analyzing charts, but this looks like a potential outbreak for an uptrend, if it hits 1450. When it does it's a good time to invest, there may be some resistance at 1600 and 1860, but if not, it'll moon definitely, especially now that Wraith is successful.
If it bounces back, then buy at 1020 and then it will rocket.
Whatcha think? First analysis
If it bounces back, then buy at 1020 and then it will rocket.
Whatcha think? First analysis
Commentaire:
It appears that on the 50% mark in the Fibonacci retracement, it pulled back a little, so it'll probably bounce back to the support line and then it will probably break out back on the resistance line at the 50% mark. If it does, I should buy. stop loss at around 900, and sell at around 1600 to be safe. I should buy and sell in steps, because it may also rocket up to 1860 or higher.