I've been watching this coin for quite some time, consolidation after the fast rise right after absolute dip was a play book symmetrical triangle right until bitcoin crash. Yet, it retraced back to the 50% fibo at the worst point of the FUD and bounced back up perfectly.
Now, there is an inverse head shoulders right inside the triangle. Accompanied with nicely consolidated RSI positions while it's still being accumulated. MACD also says bears are done for now. I expect a powerful rise, TP is at least 0.0063s. Stoploss should be around 50 fibo at 0.0033s.
Good luck.
Now, there is an inverse head shoulders right inside the triangle. Accompanied with nicely consolidated RSI positions while it's still being accumulated. MACD also says bears are done for now. I expect a powerful rise, TP is at least 0.0063s. Stoploss should be around 50 fibo at 0.0033s.
Good luck.
Trade active:
still fiddling with the resistance. if we can break that resistance, sky is the limit.