Price hit the new Weekly Pivot Point overnight at 0.001345
and has since slightly come off. If this level holds and the
current retracement from ATH is over, price will eye the
Weekly R1 at 0.001823. A close above 0.001530 will be
a bullish sign, counteracting the previous sharp drop to the
Weekly PP. Only a close below the Weekly PP will shift bias
to Neutral with a deeper retracement, possibly to the Kumo
Cloud.
and has since slightly come off. If this level holds and the
current retracement from ATH is over, price will eye the
Weekly R1 at 0.001823. A close above 0.001530 will be
a bullish sign, counteracting the previous sharp drop to the
Weekly PP. Only a close below the Weekly PP will shift bias
to Neutral with a deeper retracement, possibly to the Kumo
Cloud.