The pricing has bounced from MA 50 and RSI wave in the bottom give us an opportunity to have a strong bullish. Look at the chart, we can see a repeat model with 3 main zones: "Get ready", "Simple upward" and "Strong bullish".
We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy more. However, if you are looking for a reliability signal you can wait 2nd reversal confirmation what place the price pass 135 USD. The bullish will begin when the price reach brekout zone at 152 USD.
Profit target:
- Target 1: 245 USD
- Target 2: 374 USD
- Target 3: 505 USD
- Target 4: 605 USD
Stoploss: 87 USD
We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy more. However, if you are looking for a reliability signal you can wait 2nd reversal confirmation what place the price pass 135 USD. The bullish will begin when the price reach brekout zone at 152 USD.
Profit target:
- Target 1: 245 USD
- Target 2: 374 USD
- Target 3: 505 USD
- Target 4: 605 USD
Stoploss: 87 USD
