Trade setup: Price is in a clear uptrend and broke above $43 to signal continuation of uptrend, with +15% upside to $50 next. Stop Loss (SL) level at $37.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, then $50 and $65.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, then $50 and $65.