PERFECT SHORT TERM SWING TRADE
Ascending Channel (this can be seen using SMA 180, Ticker is trending above it).
It is showing a Strong Support level.
The Ticker, currently is forming a smaller channel (like it did on 12 Apr - 2 June).
According to my analysis,
It will hit 139 in a 2 day period and
will hit 1640 after breaking the current Resistance.
We can also observe the Ticker now trending above the EMA 45 (it gives us a confirmation of the uptrend in the overall channel).
Empower yourself by Understanding the Technicals behind the trade and then entering the position.
Never invest in something that you do not understand.
It is showing a Strong Support level.
The Ticker, currently is forming a smaller channel (like it did on 12 Apr - 2 June).
According to my analysis,
It will hit 139 in a 2 day period and
will hit 1640 after breaking the current Resistance.
We can also observe the Ticker now trending above the EMA 45 (it gives us a confirmation of the uptrend in the overall channel).
Empower yourself by Understanding the Technicals behind the trade and then entering the position.
Never invest in something that you do not understand.
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