Expect a pullback towards the (0,5-0,618 FIB) In other words towards the (0,8774-0,9007 Price) This as a result of a good run yesterday. This is a pullback/profit taking, not a pullPANIC. It gives us a new buy opportunity. After this, I expect it to continue following the uptrend and a breakout above 1 dollar
Above IF it doesn't break the 1$. If it breaks the 1$, I expect it to breakout immediately towards targets. So no guarantee for a possible 'better'entry or extra buy opportunity.
Carefull with trades due to high volatility!
Price targets:
Short term: 1,85-2,25$ Long term: 4-5$ Hold: 5+$
Will sell half position at short term target. After that, I will sell 25% at long term position. I will hold the last 25% for 5+.
DISCLAIMER: THIS IS MY OPINION, NOT FINANCIAL ADVICE.
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