Hello everyone,
First we can notice we're in an ascending triangle very close to the 0.505 res if we confirm a bullish exit we probably will break the resistance and then we don't have any resistance before 0.61
We could also argument about a cup and handle pattern on the daily chart with neck line at 0.415 that would also point toward a big pump incoming
However the rsi is still very overbough and we didnt really got a correction from the recent pumps
So if we break this triangle bullish we should go back first to the 0.45 res and if we break it bullish we should see a very steep price increase
As always have a good day and safe trade to you
First we can notice we're in an ascending triangle very close to the 0.505 res if we confirm a bullish exit we probably will break the resistance and then we don't have any resistance before 0.61
We could also argument about a cup and handle pattern on the daily chart with neck line at 0.415 that would also point toward a big pump incoming
However the rsi is still very overbough and we didnt really got a correction from the recent pumps
So if we break this triangle bullish we should go back first to the 0.45 res and if we break it bullish we should see a very steep price increase
As always have a good day and safe trade to you
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
