Longterm analysis of Safepal

27 nov 2021

We had an imoulsive move to the upside i expected an initial retracement from the 2.8 price zone then a bounce from the 1.10 price zone to hit a Tp of 3.2 price, price is currently reacting at a supply zone of 2.8, i expect a bounce at the 1.9 zone or automatically we could go down to 1.47 then a return to 3.2 price