We have got spike in volume in the last hour and Stoch RSI is in oversold area.
MACD is converging.
MACD is converging.
Comment:
I just wanted to add volume here
Comment:
We might be in a consolidation phase now, we may see cup and handle pattern formation and on the 4h chart all the indicators are still quite promising.
We may also expect that the trade will develop within the designated channel before a break out. If you have doubts you may end the trade at break even or set a stop loss on the lower side of the channel.
We may also expect that the trade will develop within the designated channel before a break out. If you have doubts you may end the trade at break even or set a stop loss on the lower side of the channel.
Trade active:
Hit the previous resistance at around 0.00001, currently in consolidation stage, may continue trading side ways within the channel for a while.
Comment:
tested previous support, moving upwards.