Direction
Long
Published
October 3, 2024
Status
TV Link
Token
CREO
Trigger
Support/Resistance
Updated
October 10, 2024
Creo is one of the few tokens that still shows a strong bullish setup.
The token trades in a sharp upward channel and just touched the lower trendline. A bounce from here, a break above the resistance at 0.64, could give us a good entry. The initial profit target sits slightly below $0.88.
Trade Setup
- Entry: Daily close above 0.64
- Profit Target 1: 0.88
- Profit Target 2: 0.11
- Stop Loss: 0.59
