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MitchMilli
Aug 16, 2021 4:25 PM

MASK 1HR Setting Up To Retest Recent High & Breach Resistance Long

Mask Network / TetherKuCoin

Description

What a nice few weeks it has been trading and following MASK/USD!

Currently there are chart dynamics that could push us towards more bullish price action!

MACD & Stochastic are turning vertical and Price action has reacted off of strong resistance level of $6.67 now turned support.

I think we will rapidly test the recent candle body high of $7.80 with wicks into the low $8's and breach past it.

Following a big move we should then sell off and look to find support on those same price levels...

Could see $11 before the sell off but thats pure speculation.

My Opinion Only.
Not Financial Advice

Comment

Price has collapsed to retest the level from where this move started.. We could see another leg up from here or a continuation into a lower low. Time will soon reveal...

Trade active

Breakout is well underway!!
Comments
MitchMilli
I started making this post at around $7.05 in price and it absolutely took off before I could finish! Best Wishes..
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