llywellyn

Einstenium Reversal Coming - Long Target 300%

Long
Einstenium is showing signs of reversing in the coming days which should give us an opportunity to open long positions soon. Bullish divergence in the RSI gives us a buy signal. Waiting for MACD & DMI to confirm reversal. Support level at .00005 is a potential reversal point target in this trade (.786 fib). If this doesn't hold it has quite a long way to fall so there should be strong support. if it is unable to reverse watch levels .000037 / .000016 for new opportunities. Scale in so you are able to average down if necessary. Good luck!

Buy: .000049 - .0000610
Stop: .00004183
Targets: .00007681 / .00001035 / .000014 / .00002



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.