Lots of things aligning for $7 exit. Not sure about entry but the exit is clearly defined
Looks like we are going for Wave 5 of bullish impulse. Beware declining bull volume. $5 was the entry earlier 20-25% profits at the moment.
Possible Fib 1.272 extension level in yellow
Support turned Resistance
200 daily ema is at 7.20~
RSI levels if they get extended on buy side on lower levels would signal out
I feel really cheeky barely knowing EW principles clicking Elliot Wave in the category but this chart has a clearly defined resistances that all align that made me excited to post this and see how it turns out! Cheers.
Looks like we are going for Wave 5 of bullish impulse. Beware declining bull volume. $5 was the entry earlier 20-25% profits at the moment.
Possible Fib 1.272 extension level in yellow
Support turned Resistance
200 daily ema is at 7.20~
RSI levels if they get extended on buy side on lower levels would signal out
I feel really cheeky barely knowing EW principles clicking Elliot Wave in the category but this chart has a clearly defined resistances that all align that made me excited to post this and see how it turns out! Cheers.
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