Hello everyone,
Signa has been in a bearish downtrend since May and looks to have just confirmed a bullish breakout.
Looking at the daily chart I'm expecting resistance around .00000032 ( RSI is already at 70.2) with the next leg up to approximately .00000060. If it can break above this area, this the next logical stop would be the 1.618 fib at .00000089.
Looking at the monthly chart looks even better with the RSI rising and only at 44.4 currently (huge upside potential) - a run to over 70 RSI here could take the price to .00000380.
This is not financial advise, just my opinion.
Happy Trading!
Signa has been in a bearish downtrend since May and looks to have just confirmed a bullish breakout.
Looking at the daily chart I'm expecting resistance around .00000032 ( RSI is already at 70.2) with the next leg up to approximately .00000060. If it can break above this area, this the next logical stop would be the 1.618 fib at .00000089.
Looking at the monthly chart looks even better with the RSI rising and only at 44.4 currently (huge upside potential) - a run to over 70 RSI here could take the price to .00000380.
This is not financial advise, just my opinion.
Happy Trading!