$LA ๐ขLONG๐ข breakout!
Price $0.0685 has settled above all EMAs (21=0.0583, 50=0.0564, 200=0.0550) โ bullish trend. Resistance at 0.0695; upon breakout โ target 0.0702 and higher. Support at 0.0617 (EMA21) โ we expect a bounce from it. In 7 days: +20%, but over the year: -82% โ the long-term trend is bearish, a pullback is possible.
Plan:
๐น Entry: 0.0650 โ 0.0665 (on a retracement to EMA21)
๐น SL: 0.0620
๐น TP1: 0.0695
๐น TP2: 0.0702
๐น TP3: 0.0720
Risk: 1โ2% of account balance.
๐ฅ Do you think weโll break 0.07?
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