BABA continues the bullish outlook since we called it last on October 23rd.
Babalicous outlook Part 1 :
https://www.tradingview.com/chart/BABA/wZTwZwBR-BABALICOUS-OUTLOOK/
We continue with our update here!
Baba has broken through our previous resistance/ area of demand and has perfectly retested the zone.
As you can see our Area of demand has always been an area of tough resistance and as of now it is becoming strong support. In addition we have spotted a beautiful rounded bottoming pattern with a target of 80% or $210.00 price target from current levels. If BABA can close this monthly candle as is the $210 price level is sure to be tested!
Babalicous outlook Part 1 :
https://www.tradingview.com/chart/BABA/wZTwZwBR-BABALICOUS-OUTLOOK/
We continue with our update here!
Baba has broken through our previous resistance/ area of demand and has perfectly retested the zone.
As you can see our Area of demand has always been an area of tough resistance and as of now it is becoming strong support. In addition we have spotted a beautiful rounded bottoming pattern with a target of 80% or $210.00 price target from current levels. If BABA can close this monthly candle as is the $210 price level is sure to be tested!
Сделка активна
$210 will be displayed soon !Заметка
Price is still consolidating in area of demand. Great place to accumulate!
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.