Price Action Patterns:
The price appears to have been forming a rounded bottom, signaling possible accumulation.
The recent price action has moved upwards towards a significant horizontal resistance at $3.65. This is the level to break for confirmation of a bullish breakout.
Waves:
The move resembles a Wave 1-2 pattern, with Wave 3 (impulsive wave) likely beginning above the breakout level.
Order Buy Stop
Entry Price: $3.70 (just above resistance for confirmation)
Take Profit (TP): $5.30 (first major resistance zone)
Stop Loss (SL): $3.20 (below recent swing low)
Confidence Level: 75%
The price appears to have been forming a rounded bottom, signaling possible accumulation.
The recent price action has moved upwards towards a significant horizontal resistance at $3.65. This is the level to break for confirmation of a bullish breakout.
Waves:
The move resembles a Wave 1-2 pattern, with Wave 3 (impulsive wave) likely beginning above the breakout level.
Order Buy Stop
Entry Price: $3.70 (just above resistance for confirmation)
Take Profit (TP): $5.30 (first major resistance zone)
Stop Loss (SL): $3.20 (below recent swing low)
Confidence Level: 75%
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.