Dear #family ……..,i always suggest you that not chase bottom but this bottom was opportunity that i suggest you to catch this opportunity…… $ROBO is showing a classic bottoming structure after a prolonged downtrend.
The falling channel has already been broken, and price is now moving sideways a clear sign of accumulation. Sellers are exhausted, and volatility is compressing.
This kind of structure usually leads to a strong expansion move, and the chart is already hinting at a sharp upside potential.
Bias: LONG
Entry: Current zone
Stop Loss: Below recent lows
Targets: 0.040
The base is formed expansion to the upside is loading.