Update on #COOKIE - analysis started on 12/04
We have small controlled pullbacks across all time frames, followed by attempts to break the encountered resistances.
The presence of a double bottom and the breakout with volume suggest a trend reversal from bearish to BULLISH. However, there is a visible inside bar right after a strong buying candle. This indicates a pause or consolidation (a breath), before a possible breakout upwards.
Buyers remain in control with efficiency in the game.
——— LET'S REMEMBER AND UPDATE🥷👇🏽👇🏽:
🥊Resistance: 0.21 | 0.2280 | 0.2700
🥊Support: 0.0780 | 0.0950 | 0.1380
🟢Entry: 0.0800- 0.0900 (short stop) - it has been ☑️
🚀Partial: 0.1280 (reached) ✅ | 0.1750 (reached) ✅| 0.2300
🔥Target Point: 0.2650 - updated (upon reaching here, if it continues to push upwards, raise the stop and protect part of the profit).
New entries for those who missed out: BELOW 0.17. Be aware that the stop will be long (expensive).
‼️ MEDIUM AND LONG-TERM ANALYSIS. IF THE TARGET POINT IS REACHED, LET'S ANALYZE IF WE KEEP OR RELEASE. ‼️
Let's go 🚀👊🏽
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