ACO is ranging between 0.36 and 0.450 for 3 months and currently on bottom of of the parallel channel. Stochastic has reached oversold area and is trying to make an upside move. No sign of breakout from MACD.
With support zone @ 0.32, and resistance at 0.46, the RRR is abount 1:1.6. The volume still lacks banker chip which explains the sideway movement.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.