Although CAY ( ASX) is an information driven asset awaiting mining license, there is some bullish structure.
Currently the price is sitting at 0.045 this is insider price purchase and is holding steady.
After a large break to 0.078C currently price is forming a descending wedge on the daily / weekly.
If price can break-out and hold the daily 50ema: Potentially could see price go to 0.095.
- Remember currently nothing has been confirmed.
1 - We are awaiting break-out of wedge / 2 - and hold of daily 50 EMA.
- This is simply just a watch and wait strategy as there is good up-side potential on CAY if a breakout is confirmed and could potentially mean a mining license is close / if the structure is to complete.
Currently the price is sitting at 0.045 this is insider price purchase and is holding steady.
After a large break to 0.078C currently price is forming a descending wedge on the daily / weekly.
If price can break-out and hold the daily 50ema: Potentially could see price go to 0.095.
- Remember currently nothing has been confirmed.
1 - We are awaiting break-out of wedge / 2 - and hold of daily 50 EMA.
- This is simply just a watch and wait strategy as there is good up-side potential on CAY if a breakout is confirmed and could potentially mean a mining license is close / if the structure is to complete.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.