LUNAUSD - 1D - Potential huge triangle!

NOT A FINANCIAL ADVISOR!
This is a bit speculative as there are not many touchpoints forming this triangle...therefore the title says "Potential..."!
This chart shows 3 price actions ranges!
In terms of risk management, the stop loss would be @ a candle close below the triangle lower trendline (support).
The current downside would be around 80% to the lower price range!
Price action is at the triangle support. (Buy the support!!!)
A move to the upper range would target of a range between 9 - 12$!
Breaking the triangle upwards might mean 35$!
I am not yet seeing a bullish divergence on the RSI nor a RSI break.(both 4h nor 1D)
Therefore this might take some more time to play out. :)
This is a bit speculative as there are not many touchpoints forming this triangle...therefore the title says "Potential..."!
This chart shows 3 price actions ranges!
In terms of risk management, the stop loss would be @ a candle close below the triangle lower trendline (support).
The current downside would be around 80% to the lower price range!
Price action is at the triangle support. (Buy the support!!!)
A move to the upper range would target of a range between 9 - 12$!
Breaking the triangle upwards might mean 35$!
I am not yet seeing a bullish divergence on the RSI nor a RSI break.(both 4h nor 1D)
Therefore this might take some more time to play out. :)
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。