Guys, $FOLKS is putting in a strong performance today and bouncing back hard after a decent correction, up more than 23% and nearing the $2.438 resistance. The outlook is bullish, but patience is needed.
Focus: A clear breakout above $2.438 or a successful retest could open the door to a strong upward move.
Plan:
Entry between 2.25 and 2.35
Take profit 1: $2.45
Take profit 2: $2.60
Take profit 3: $2.80
Final target: $3.00
Stop loss: Below $2.15
Buyers are in control right now. Share your predictions: will we break through resistance and take off, or are we heading for another correction?
$FOLKS #CryptoTrading #BinanceSquare #TechnicalAnalysis
Focus: A clear breakout above $2.438 or a successful retest could open the door to a strong upward move.
Plan:
Entry between 2.25 and 2.35
Take profit 1: $2.45
Take profit 2: $2.60
Take profit 3: $2.80
Final target: $3.00
Stop loss: Below $2.15
Buyers are in control right now. Share your predictions: will we break through resistance and take off, or are we heading for another correction?
$FOLKS #CryptoTrading #BinanceSquare #TechnicalAnalysis