The pair looks extremely promising for long position at the moment! On both weekly and daily charts! ( Big volume, broken RSI channel ) Even though it has already started, there's plenty of distance to the upside! First target: 200 yellow MA - 0.0000408 Second target: 100 purple MA- 0.0000443 Third target: The Moon!
There is also a bullish divergence on the daily RSI - while the price has kept down ( Oct 18th- Nov 11th), the selling pressure has decreased for the same period and the index has moved from 19 to 44 !
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.