Potential upside return

22 ביולי 2020

After long weeks of bullish, it finally comes with a healthy retracement. The obvious support will be priced at 0.525 and 0.495. Started from last December, it touches multiple times of 0.580 which creates a multiple top. If it break out, the next resistance will be allocated around 0.630. The potential return for break out will be around 10%. The technical analysis is only based on my personal view in the market, please trade at your own risk and judgement.