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Technical analysis by Goldsworth about Symbol S: Buy recommendation (1/22/2025)

https://sahmeto.com/message/3192819
Goldsworth
Goldsworth
Rank: 26938
0.4
Buy،Technical،Goldsworth

Seems like 50 cents has some iron wall defending it and now double bottom at 50 cents was established, allowing those who wanted to exit to do so (capitulation), based on the volume.We now have made a clean reversal on the hourly.Next targets are the launch high, which is a nice take profit target to those on long positions, but i expect overall trajectory to be higher.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$0.864
First Support:
$0.5
First Resistance:
$0.864
Price at Publish Time:
$0.64031
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