Artroniq aka PTB has broken put of its trading range with clear JAC,LPS, and SOS.
Based on LCE PnF charting the TP calculation as follow:
Pnf = 16x0.01x3
= 0.48
TP consv= 0.14 + 0.48(50%)
= 0.38
TP aggrsv = 0.14 + 0.48
= 0.62
TP conservative has already touched. However, using volume profile indicators (visible range), there is no clear distribution in play yet. The current retracement at Fibo 0.38/0.6 might actually its wave 2 of EW.
Using TP aggressive, pairing with EW, there is the possibility to shoot for TP 600-620, marketing wise, there are not so many herd yet. and there is a chance there will be news to attract the herd and help to push price up.
Pnf = 16x0.01x3
= 0.48
TP consv= 0.14 + 0.48(50%)
= 0.38
TP aggrsv = 0.14 + 0.48
= 0.62
TP conservative has already touched. However, using volume profile indicators (visible range), there is no clear distribution in play yet. The current retracement at Fibo 0.38/0.6 might actually its wave 2 of EW.
Using TP aggressive, pairing with EW, there is the possibility to shoot for TP 600-620, marketing wise, there are not so many herd yet. and there is a chance there will be news to attract the herd and help to push price up.