This is the moment to buy if you want 20% profit.
With 100D moving average (30.70), RSI at (30) (oversold) and the support level at 30$ it is good opportunity to buy. I think the short must covering as soon as possible and from my analysis I can see the next stop is between 37.50-40.0$
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.