price consolidating in an upward channel and furthermore a symmetrical triangle. The price just broke above the triangle with a good volume. I suggest the price will rise at least to the upper channel resistance.
The price recently consolidated between a trendline and a strong resistance with low volume.
I guess there will be a booming breakout, if the volume is high. Can enter now before the breakout or wait for it to happen.
The targets are as follows:
T1 :6.07
T2 :7.09
T3 :8.91
If a target is reached and maintained the next target applies.
Good Luck
Notice: If the...
A symmetrical triangle has formed and a breakout happened with a huge volume! Also a golden cross happened by the crossing of the 50 and 200 MA. I suggest the price will go higher to the specified resistance, which is almost the same as the triangle length. Good Luck.
A symmetrical Triangle has formed as shown. There is a possible breakout in either direction but it is most likely bullish as shown by the divergence of the price with the OBV and MFI. Should wait for confirmation by a breakout along with increased volume. This a great opportunity for a huge profit.
