PENGU I think may be ready to go.
It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure.
Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low.
I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265.
We need to break that red downtrend and hold it as support to do any sort of serious movement.
There are of course more upside targets, but the focus for now is getting this to risk-free.
Thank you!
It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure.
Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low.
I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265.
We need to break that red downtrend and hold it as support to do any sort of serious movement.
There are of course more upside targets, but the focus for now is getting this to risk-free.
Thank you!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.