We've seen clear support just under $30 as evident by 3 distinct tests of the level. Based on this, and the long-term bull momentum, here we present three potential purchase levels for long term holds:
Level #1: Around $33 --- Approximate 40% ROI potential if/when price reaches resistance around $46. Level #2: Around $30.5 --- Approximate 50% ROI potential if/when price reaches resistance around $46. Level #3: Around $30.5 --- Approximate 65% ROI potential if/when price reaches resistance around $46.
Please note that these are levels of purchase with the intent of long term hold and not a short term trade! As such, no S/L level is provided.
As always, this is not financial advice. Please DYOR, and best wishes!
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