In my previous post, I shared that a bullish cup and handle pattern is forming.
Based on the chart, the handle was formed and it hit the buy zone area. Now, what we are waiting for is a breakout from the previous peak at $0.09.
If we break the first resistance, we will test the major resistance line at $0.14.
If you buy at the buy zone and the price test the major resistance line, it is a potential 107% profit for you.
However, make sure to set a stop loss especially altcoins follow the movement of BTC.
Please like my analysis and hit the follow button if you learned something.
Happy Trading!
Please do your own charting and research.
Based on the chart, the handle was formed and it hit the buy zone area. Now, what we are waiting for is a breakout from the previous peak at $0.09.
If we break the first resistance, we will test the major resistance line at $0.14.
If you buy at the buy zone and the price test the major resistance line, it is a potential 107% profit for you.
However, make sure to set a stop loss especially altcoins follow the movement of BTC.
Please like my analysis and hit the follow button if you learned something.
Happy Trading!
Please do your own charting and research.
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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。