Hello Traders!
The last ETC business cycle is over and the first phase of the new one has begun.
Consolidation is followed by growth, on which we will be able to fix our medium-term purchases.
The position can be taken in the range of $44.75 - $59.32.
Stop-loss in case of a significant correction of the asset is better to be placed under the level of $29.00
The targets for midterm purchases will be price levels of
$104,68
$129,70
$150,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
The last ETC business cycle is over and the first phase of the new one has begun.
Consolidation is followed by growth, on which we will be able to fix our medium-term purchases.
The position can be taken in the range of $44.75 - $59.32.
Stop-loss in case of a significant correction of the asset is better to be placed under the level of $29.00
The targets for midterm purchases will be price levels of
$104,68
$129,70
$150,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice