For this pair, the ascending triangle is almost finished. The Bollinger Bands have shrunk a little, this could be a signal for break out. The Bollinger Bands now are not broad, so we can expect the price to break out soon.
Also, the MACD just went through a bullish cross, which means the price may go up soon.
The RSI is going up too, also, the high level could last for a while.
Since the ascending triangle is done, we should pay more attention to the break out point.
I would say, now, the price is breaking. As we can see, the last two candles have already broken out.
Let’s expect the price to go up soon
Also, the MACD just went through a bullish cross, which means the price may go up soon.
The RSI is going up too, also, the high level could last for a while.
Since the ascending triangle is done, we should pay more attention to the break out point.
I would say, now, the price is breaking. As we can see, the last two candles have already broken out.
Let’s expect the price to go up soon