Thoughts on Bilibili?
On the H4, with prices moving along an ascending trendline and RSI moving along an ascending trendline, we have a bullish bias that price will rise to buy entry at 210.2 where the overlap resistance is. Should price break entry structure, we have a bullish bias that price will rise to take profit at 238.0 where the swing high resistance and 61.8% projection are. Alternatively, price could drop to stop loss at 176.2 where the pullback support and 78.6% fibonacci projection are.
Entry: 210.2
Take Profit: 238.0
Stop Loss: 176.2
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