🚨🚨 Detailed analysis of $USUAL 👇
Buy or Sell??
Long-Term Investment (Months to Years):
Buy: Given the overall upward trend and the price being above significant Fibonacci levels and medium-term moving averages, a long-term investment could be considered. The asset seems to have strong support levels, and if the bullish trend continues, there's potential for further gains. However, long-term investors should keep an eye on broader market conditions and news related to USUAL.
Short-Term Trading (Days to Weeks):
Sell: For short-term traders, considering the recent peak and slight correction, there might be profit-taking opportunities. The price is currently below the MA(7), which could indicate a short-term bearish trend or consolidation. Short-term traders might want to sell to lock in profits, especially if they anticipate a further correction before another potential rise.
Buy: If you're looking to enter or add to a position, waiting for a dip to a strong support level (like the MA(25) or a lower Fibonacci level) might be prudent. This would provide a better risk/reward ratio for short-term gains.
Conclusion:
Long-term: Buy, considering the bullish trend and support levels.
Short-term: Sell to take profits if you're in a position, or look to buy on dips for short-term gains.
Please note, this analysis is based on the provided chart and does not take into account external market conditions, news, or fundamental analysis of USUAL. Always consider these factors before making any investment decisions.