Price action has been adhering to the uptrend channel for a while. Tested res @ 0.165 several times and a base forming on the 0.150 support with the 200 day EMA coming in.
Might look for a slight retrace and see whether this candle closes above the 10 day EMA. Has respected most of the uptrend with solid support & resistance points interacting with the 200 day...
Cup and handle forming on the daily
Volume rising and above the 20 day MA
Target price 0.10, needs to break the 0.08 though.
Long time TradingViewer, first time poster. Any comments welcome.
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Price moving out of recent downtrend
Short term EMA's pointing up
6.3c looks to be the key level to watch
Will probably see some kind of resistance at the 200EMA level
Might need to make more of a base
