➖ We have a bottom formation, Adam & Eve, developing and prices trading above the May 2022 low (grey on the chart).
➖ We have a strong RSI as prices moved recently above EMA10 and EMA21.
➖ We have a broken downtrend.
Simple signals yet very strong.
Once we hit bottom, the only place left to go is up!
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ENTRY: $7.65 - $8.50
NEXT SUPPORT: $7.00
TP1: $11.1
TP2: $13.5
TP3: $15.7
TP4: $18.2
TP5: $21.1
TP6: $25.2
STOP: Close weekly below $6.65
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The numbers are shared for reference only.
Make sure to do your own research before trading.
This is not financial advice.
All the information shared here is for educational purposes only.
Thanks a lot for your continued support.
Feel free to follow if you enjoy the charts.
Namaste.