#NGAS - UniverseMetta - Analysis
Continuation of the trend - potential 5th wave, consolidation behind the trend line. The structure may continue and allow the price to continue its momentum towards the level of 4.16. In order not to increase risks, it is better to consider an exit when it consolidates or breaks through the support level of 1.98. Local goals 2.75. Next, a correction may form, since there were rebounds from these levels.
Target 2.75 - 4.16
Continuation of the trend - potential 5th wave, consolidation behind the trend line. The structure may continue and allow the price to continue its momentum towards the level of 4.16. In order not to increase risks, it is better to consider an exit when it consolidates or breaks through the support level of 1.98. Local goals 2.75. Next, a correction may form, since there were rebounds from these levels.
Target 2.75 - 4.16
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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.
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.