Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.01639 to 0.01536). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (0.01639)
• Ending of entry zone (0.01536)

Midterm forecast:

• While the price is above the support 0.02089, continuation of uptrend is expected.
• We make sure when the resistance at 0.03034 breaks.
• If the support at 0.02089 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 0.02110 on 11/21/2023, so more gains to resistance(s) 0.02678 and maximum to Major Resistance (0.03034) is expected.
• Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
• Relative strength index (RSI) is 56.

Take Profits:

1. 0.01840
2. 0.02100
3. 0.02408
4. 0.02678
5. 0.03034
6. 0.03204
7. 0.03565
8. 0.03800
9. 0.04200
10. 0.06200
11. 0.08744
12. 0.11480
13. 0.14739
14. 0.19788
15. 0.26300